cost of relegation

[dagenhamJohn]

anyone who thinks Lambert is too expensive at 31 should have a doss at this..


Bolton Wanderers debt up to £163.8m
By Nabil Hassan BBC Sport

Bolton have announced they are £163.8m in debt after parent company Burnden Leisure PLC released its figures for the year ending June 2013 - the club's first season in the Championship.

The group made a loss of £50.7m, which saw net debt rise from £136.5m.

Wanderers were relegated from the Premier League in May 2012, ending their 11-year stay in the top flight.

"The widening gap between the leagues makes the transition difficult," said Bolton chairman Phil Gartside.

"This year's results show the difficulties faced in the football business when a club has enjoyed a sustained and successful period in the Premier League, in our case 11 years, then suffers relegation back to the Football League Championship."
Phil Gartside

“This year's results show the difficulties faced in the football business when a club has enjoyed a sustained and succe

[rednekst]

Hmmm!

There but for the grace of God could go we.

Hopefully not though.

[bazwillrun]

and have you seen how much Cheslki "lost" this year ?...

but somehow managed to fall within the FFP rules...well whoda thunk it ?

looks like Bolton need Chelskis accountants - view external link (http://www.bbc.co.uk/sport/0/football/25564078)

[dagenhamJohn]

[quote="bazwillrun" this year ?...

but somehow managed to fall within the FFP rules...well whoda thunk it ?

looks like Bolton need Chelskis accountants[/quote]165 mill against the plastics 50 mill, can't see Bolton recouping that in the Chumps Lge can you?

Abramovich'll just shove some more equity in there and erase all trace there of!

Chelsea's weapons are far more lethal than anything Bolton can provide imo.

[Tone_Loc]

Well... when it comes to relegation, our BODs have unprecedented experience.

No one "goes down" with such spectacular regularity as the Bounce Brothers.

[Whiskyman]

When we went down last time the sale of season tickets apparently didn't take too much of a hit. There was an air of optimism. Grant had gone, a "proven" manager had taken over and the threatened "financial meltdown", which was never going to happen anyway, had been avoided.

When, and I think it is when rather than if following recent results, we go down this time I don't see the punters being so keen to part with their readies. That will dilute the value of the shares owned by P & P which will give them two options.

To stick and hope for another quick promotion
in time for the OS move.

Or to cut and run, sell up on the basis that the value of the club, and their shares, could further reduce when the parachute money stops if a quick promotion doesn't happen.

I like option 2.
:)

[Simone]

Do Gold and Sullivan host an AGM that some or selected fans can attend?

[WHU]

backed the board to date mostly but i share your concerns over apalling managerial decisions whiskey

to keep throwing money at a failed plan is wrong

take the dinosaur managerial financial hit and give the dough to a modern manager/caretaker manager

it's the only way


persevering with this arrogant ( no plan b ) dinosaur is totally wrong

the (unts broken the transfer record twice in his limited time here and put nolan on £55k for five years

he's been backed
he's failed
fu(k off, (unt

[dagenhamJohn]

for me its not just about BS but also our owners,

both to be precise,

BS is their appointment not ours, if you are to subject blame on a non personal issue then start at the top not the bottom, regardless of personal feelings.