Championship 2018-19

[perthblue02]

8 hours ago, Scotland1 said:

That will have just be one of the creditors getting the WUP in. You can bet a steam of creditors will be featured in the administrators report.

https://www.theboltonnews.co.uk/sport/17620623.bolton-players-refuse-to-play-against-forest-phil-parkinson/

Parkinson confirms squad still striking as they’re not insured.

Got to give Parkinson a bit of credit there for seeing it through to the final game and getting a team out, not a bad result considering, presume he also is not getting paid?

Edited May 6, 2019 by perthblue02

[Scotland1]

9 minutes ago, perthblue02 said:

Got to give Parkinson a bit of credit there for seeing it through to the final game and getting a team out, not a bad result considering, presume he also is not getting paid?

I believe there is at least 5 coaches who’ve not been paid.

[JHRover]

Sounds like Mark Warburton is to become the new QPR manager. Think he's a decent appointment and better than most they've been linked with.

[bazza]

12 minutes ago, MCMC1875 said:

6 clubs have failed to pay wages this season:

Morecambe

Bury

Oldham

Bolton

Macclesfield

Reading

Football is in crisis.

Would the introduction of a worldwide maximum wage help?

[Paul]

9 hours ago, bazza said:

Would the introduction of a worldwide maximum wage help?

Hardly. Forbes say Messi earned $84m and Ronaldo $61m in the year June 2017-18!

Edited May 7, 2019 by Paul

[47er]

11 hours ago, MCMC1875 said:

6 clubs have failed to pay wages this season:

Morecambe

Bury

Oldham

Bolton

Macclesfield

Reading

Football is in crisis.

4 out of 6 in the North-West! Symbolic of the way the country is going.

[jim mk2]

6 minutes ago, 47er said:

4 out of 6 in the North-West! Symbolic of the way the country is going.

Macc is probably NW too so that's 5.  You're right though - football represents wider society with an elite cadre of clubs at the very top that are untouchable and divorced from the reality of the struggles of the rest; and smaller southern clubs doing increasingly well while big northern clubs languish

I mean, the likes of Bournemouth, Brighton and Watford - 3rd and 4th division clubs in my eyes -  in the top division would have been unthinkable back in the good old days. 

[Mattyblue]

Brighton have an enormous and affluent catchment area to themselves.

However, theres no reason why northern club’s can’t match Bournemouth or Watford, they have standard crowds of 10,000 and 19,000.

 

[Hanks]

23 minutes ago, Mattyblue said:

Brighton have an enormous and affluent catchment area to themselves.

However, theres no reason why northern club’s can’t match Bournemouth or Watford, they have standard crowds of 10,000 and 19,000.

 

The problem seems to be the smaller clubs in London and the affluent south are more likely to attract foreign investment just because of their location.

 

[JHRover]

Just now, Hanks said:

The problem seems to be the smaller clubs in London and the affluent south are more likely to attract foreign investment just because of their location.

 

The likes of Watford, Reading, QPR and Fulham have benefited massively from foreign investment which is heavily down to the areas they are located in more than the clubs themselves. All within a short drive of Heathrow airport and London. Even with that investment only really Watford have managed to establish themselves up there.

You would think however that some NW clubs would be attractive given how nearby Manchester airport is and how much Manchester has boomed in recent years with long haul flights to the Middle and Far East, US etc. Can easily get from Wigan, Bolton, Preston, Blackburn to the airport in less than an hour.

In theory it should be the more peripheral clubs that struggle with it - East Anglia, South West, South Wales and North East.

[Norbert Rassragr]

Bournemouth are also owned by a Russian oligarch, so they can cope with a small stadium and fan base.

[Sparks Rover]

Just now, Norbert Rassragr said:

Bournemouth are also owned by a Russian oligarch, so they can cope with a small stadium and fan base.

They are moving to a 25k stadium 

[Norbert Rassragr]

Didn't know that, but it's funded by TV money and the Russian guy. Not the largest ground ever, but probably the biggest they can realistically fill. 

[Mattyblue]

I thought the new ground had been scrapped for the foreseeable?

[philipl]

Just now, Mattyblue said:

I thought the new ground had been scrapped for the foreseeable?

Yes the plan to move to a stadium where the Bournemouth training centre is (which they own) away from their leased tiddler are on hold as money was deemed needed for team strengthening.

25,000 would not be a problem filling for Bournemouth in a conurbation of over 250,000. Look how Brighton sell out 32,000 having moved from a 7,000 stadium. Ditto Southampton also selling out 32,000 up from 15,000. Even West Ham getting 55,000 up from 35,000 and Spurs finding 60,000 is too small.

Worth remembering that southern clubs have a dual advantage:

Population and wealth.

BwD has the second lowest average wages in England. Average income in Kensington and Chelsea is about five times higher.

North West with 5 Prem and 12 EFL clubs has a population of just over 7 million.

Home Counties and London with 6 Prem and 10 EFL clubs has a population of around 20 million. 

*Counting the promotions from the National League into the numbers of clubs.

 

 

[JHRover]

33 minutes ago, philipl said:

Yes the plan to move to a stadium where the Bournemouth training centre is (which they own) away from their leased tiddler are on hold as money was deemed needed for team strengthening.

25,000 would not be a problem filling for Bournemouth in a conurbation of over 250,000. Look how Brighton sell out 32,000 having moved from a 7,000 stadium. Ditto Southampton also selling out 32,000 up from 15,000. Even West Ham getting 55,000 up from 35,000 and Spurs finding 60,000 is too small.

Worth remembering that southern clubs have a dual advantage:

Population and wealth.

BwD has the second lowest average wages in England. Average income in Kensington and Chelsea is about five times higher.

North West with 5 Prem and 12 EFL clubs has a population of just over 7 million.

Home Counties and London with 6 Prem and 10 EFL clubs has a population of around 20 million. 

*Counting the promotions from the National League into the numbers of clubs.

 

 

And yet Bournemouth. Brighton and Watford would not be where they are today without the input of wealthy owners. So yes, they are more affluent places than NW towns and there are more people living in those areas with less clubs as competition, but all 3 were drifting and going nowhere before their current owners got involved and propelled them upwards through heavy investment and shrewd management.

Brighton didn't get to the Premier League through being in an affluent area or having big gates. They got there because Tony Bloom pumped in £20+ million a year. Same for Demin at Bournemouth. Seems both broke or went close to breaking FFP rules in the process. Watford slightly different as they didn't spend their way up but benefited from their owners contacts and recruitment.

It's only in the last 5-6 years that Southern clubs have begun to dominate the Premier League as wealthy foreigners take more interest and it suits them to buy clubs down South. As recently as when we were in it was dominated by Northern clubs with us, Bolton, Wigan, Blackpool, Stoke, Hull etc.

If it was as straightforward as numbers living nearby and competition from other clubs then the likes of Bristol, Plymouth, Exeter, Coventry would all be up there rather than consigned to the lower divisions. Other factors in play - football isn't as popular down in those areas as it is up here or in the NE. Hence Swansea and Cardiff struggle to fill their grounds in the Premier League despite dominating South Wales with a vast population - more people enjoy their rugby.

[philipl]

58 minutes ago, JHRover said:

And yet Bournemouth. Brighton and Watford would not be where they are today without the input of wealthy owners. So yes, they are more affluent places than NW towns and there are more people living in those areas with less clubs as competition, but all 3 were drifting and going nowhere before their current owners got involved and propelled them upwards through heavy investment and shrewd management.

Brighton didn't get to the Premier League through being in an affluent area or having big gates. They got there because Tony Bloom pumped in £20+ million a year. Same for Demin at Bournemouth. Seems both broke or went close to breaking FFP rules in the process. Watford slightly different as they didn't spend their way up but benefited from their owners contacts and recruitment.

It's only in the last 5-6 years that Southern clubs have begun to dominate the Premier League as wealthy foreigners take more interest and it suits them to buy clubs down South. As recently as when we were in it was dominated by Northern clubs with us, Bolton, Wigan, Blackpool, Stoke, Hull etc.

If it was as straightforward as numbers living nearby and competition from other clubs then the likes of Bristol, Plymouth, Exeter, Coventry would all be up there rather than consigned to the lower divisions. Other factors in play - football isn't as popular down in those areas as it is up here or in the NE. Hence Swansea and Cardiff struggle to fill their grounds in the Premier League despite dominating South Wales with a vast population - more people enjoy their rugby.

South Wales has a relatively small population - under 500,000 from in Cardiff.

You cannot say Venky's haven't outspent most of the clubs' owners mentioned- they were advised by venal cretins so mostly wasted.

[JHRover]

Just now, philipl said:

South Wales has a relatively small population - under 500,000 from in Cardiff.

You cannot say Venky's haven't outspent most of the clubs' owners mentioned- they were advised by venal cretins so mostly wasted.

I should have added that those other owners knew what they wanted and knew how to deliver it. Meanwhile Venky's 'investment' has all gone down the drain and we've nothing to show for it.

I think the point I'm making is that whilst southern clubs generally have bigger populations and bigger incomes to draw upon more important is those clubs have got lucky with good, ambitious and rich owners (probably attracted by location). They haven't got where they are because they're in affluent areas or get big gates.

In Brighton's case since they moved ground it has been plain sailing for them. Promotion from League One, play-offs, promotion from Championship, Premier League, new ground after years without one. If they have a decade like we've just had they won't be getting 30,000 a week on watching it. Ups and downs. Stoke and Swansea were getting full houses last season but another few seasons treading water in the Championship and they'll be down to a similar level to us numbers wise.

[philipl]

Bolton face a winding up petition tomorrow. Either of the two current largest shareholders could put the club into administration but neither are doing so.

Looking desperate for the Wanderers.

[Scotland1]

Just now, philipl said:

Bolton face a winding up petition tomorrow. Either of the two current largest shareholders could put the club into administration but neither are doing so.

Looking desperate for the Wanderers.

Davies family want to recover the unsecured loans, they won’t do it they’ll hope Bassini comes in and give him time or renegotiate the debt. Something is better than nothing.

Ken will want admin as his debt is mostly secured plus the factoring invoices to pay. Might not want the forensic inquest of KPMG though.

Hotel WUP also on the court list. Suspect Michael James will buy the hotel from administration tomorrow 

 

 

[lraC]

Bolton won't be wound up, it is more likely that they will go into administration. The only chance of that not happening is if Bassini comes up with the funds and the EFL approval, in order to pay off the current owner. The guy is as mad as a box of frogs, but surely even he can see its a lost cause. The admin will mean a 12 point deduction for next season in league one and there are strong rumours, that a further 8 points could be deducted for the cancelation of the Reading fixture. 

[old darwen blue]

Brentford not Reading surely?

[philipl]

https://www.theboltonnews.co.uk/sport/17624238.bolton-wanderers-a-club-which-cannot-be-allowed-to-die/

Sounds desperate.

No sign of any resolution.

Against Forest they had only the 18 named in the team sheet. Players who had given notice couldn't play as they had voided their insurance by handing in notice.

If ten named against Rovers were not named in the 18, they faced an automatic fine- was unaware of that FL rule before.

[DE.]

From reading the live coverage on the Bolton news website it seems the main issue with administration is the ability to actually pay the administrators. It requires at least one month's worth of club funding. Also by the sounds of it Anderson stands to gain more financially from liquidation than administration... 

Edited May 8, 2019 by DE.

[DE.]

https://www.bwfc.co.uk/news/2019/may/a-note-from-from-the-chairman/

Great timing for another one of his blogs. Basically saying that the club is being put into administration.