Next Installment On Bolton Woes

[Glad2BeAPie]

Players go on strike now only for 48hrs, not sure what that will achieve tho.

https://www.bbc.co.uk/sport/football/47775158

[Chicken Balti Pie]

Some are saying they've been sold to a twice bankrupt chap who was banned from running a business for 3 years, others are saying he's failed the fit and proper persons test (as you'd hope anyone with that record would) they've got until Wednesday to sort it, if it's not sorted by then, I believe they're gone, probably why they only have a 48 hour strike as after then, they won't be an employer to strike against

[Ben the Pie]

Jeez they're in a mess, can't really see how they get out of it...so sad for Bolton fans. Tragic.

[slack_pie]

Tragic. Bolton are a great old club with a rich history. So sad for their fans. But if they go under (and I still don't think they will) it will set a scary precedent for other clubs - Bolton are are no Darlington or R&Ds, they're a truly big club. If they go, many others could follow.

Does anyone know if their current problems stem from their time in the Prem under Big Sam? Or have they been run into the ground since then? If the former, it just goes to show what the price of temporary success can be. Any club spending an unsustainable amount of money (like us) should take note.

[irishpete]

I would imagine their debt is very high,not even manageable in business terms,even for someone mega rich.If they do get someone to take over,they will be in the same boat in few years,same as the last change under Holdsworth.
Paying the price for taking judas & living the so called "dream"

[jackal2]

I would imagine their debt is very high,not even manageable in business terms,even for someone mega rich.If they do get someone to take over,they will be in the same boat in few years,same as the last change under Holdsworth.
Paying the price for taking judas & living the so called "dream"

I remember reading two or three years ago that the debt was at least £70 million. I don't know what the position is now, but recent events suggest the club is crippled. Sooner or later a 'big' club was going to take one risk too many, and it looks like Bolton may be the one. I suspect it could be the first many. That's been said for years and clubs have somehow muddled through, but I think we're coming to the end of the period where satellite TV could keep signing bigger contracts and putting their fees up without a loss of custom, so stand by for many more clubs to find they've visited the well once too often. Let's just hope Notts get through their current problems and LEARN FROM THEM!

[slack_pie]

I remember reading two or three years ago that the debt was at least £70 million. I don't know what the position is now, but recent events suggest the club is crippled. Sooner or later a 'big' club was going to take one risk too many, and it looks like Bolton may be the one. I suspect it could be the first many. That's been said for years and clubs have somehow muddled through, but I think we're coming to the end of the period where satellite TV could keep signing bigger contracts and putting their fees up without a loss of custom, so stand by for many more clubs to find they've visited the well once too often. Let's just hope Notts get through their current problems and LEARN FROM THEM!

Yeah, this was bound to happen sooner or later. The amount of money needed to compete in the second tier these days is staggering, and far more than any club can bring in through revenue. The recent info about Forest's spending and loss just goes to show.

All it takes is one rich and profligate owner to lose interest and pretty much any club in the Championship could go under. The only thing that can save these clubs is another, richer owner coming in and taking on the debt - but there are only so many of those around. The whole thing is a house of cards.

It used to be that you needed a mega-rich owner to win the Premier League - like when Abramovic arrived at Chelsea. But now you need it just to survive as a professional club in pretty much any division. With so many clubs over-spending, it's a matter of time until we see clubs disappearing completely. It's a tragedy for the fans and communities.

[sidders]

Yeah, this was bound to happen sooner or later. The amount of money needed to compete in the second tier these days is staggering, and far more than any club can bring in through revenue. The recent info about Forest's spending and loss just goes to show.

All it takes is one rich and profligate owner to lose interest and pretty much any club in the Championship could go under. The only thing that can save these clubs is another, richer owner coming in and taking on the debt - but there are only so many of those around. The whole thing is a house of cards.

It used to be that you needed a mega-rich owner to win the Premier League - like when Abramovic arrived at Chelsea. But now you need it just to survive as a professional club in pretty much any division. With so many clubs over-spending, it's a matter of time until we see clubs disappearing completely. It's a tragedy for the fans and communities.

No, it isn't, Mr Slack. Nobody will die as a result. For me, tragedy normally involves loss of life. It's only 22 players kicking a piece of leather about a field.

[LaxtonLad]

No, it isn't, Mr Slack. Nobody will die as a result. For me, tragedy normally involves loss of life. It's only 22 players kicking a piece of leather about a field.

C'mon folks! Roll up, roll up! Who'll be the first with a hook in the mouth?

[slack_pie]

No, it isn't, Mr Slack. Nobody will die as a result. For me, tragedy normally involves loss of life. It's only 22 players kicking a piece of leather about a field.

Let's not get bogged down in semantics, Sid. You know what I mean. Obviously the death of a football club cannot be compared to the death of a person, but the loss of generations' worth of history and heritage, not to mention the role football clubs play in bringing people and whole communities together, could be considered tragic.

Tragic: causing or characterised by extreme distress and sorrow.

If Notts County disappearing wouldn't cause you extreme sorrow, the club obviously doesn't mean as much to you as it does to me.