Bolton in trouble?

Discussion in 'Bulletin Board' started by Omen, Aug 30, 2017.

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  1. Che

    Chef Tyke Well-Known Member

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    Quite long and convoluted to do with company structures and shareholdings but what I was told today by an insolvency lawyer that specialises in football insolvencies
     
    Chef Tyke, Aug 31, 2017
    #21
  2. Che

    Chef Tyke Well-Known Member

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    He was described to me today as 'not the dodgiest agent around, but he's probably in the top 1'
     
    Chef Tyke, Aug 31, 2017
    #22
  3. Merde Tete

    Merde Tete Well-Known Member

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    I thought the rules had been changed so that if a holding company goes into liquidation a points deduction is still applied? Somebody had got away with it earlier by structuring the club's ownership in that way, hence the change. Or have Bolton found a loophole?
     
    Merde Tete, Aug 31, 2017
    #23
  4. Merde Tete

    Merde Tete Well-Known Member

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    "Leveraging debt against the club". If I was a Bolton fan my blood would be running cold upon hearing those words.
     
    Merde Tete, Aug 31, 2017
    #24
  5. Redstar

    Redstar Well-Known Member

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    I think the loop hole is that the holding company is only one shareholder in the football club not the sole one
     
    Redstar, Aug 31, 2017
    #25
  6. Merde Tete

    Merde Tete Well-Known Member

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    That's quite a gaping loophole if so.
     
    Merde Tete, Aug 31, 2017
    #26
  7. Che

    Chef Tyke Well-Known Member

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    No more complex than that - earlier poster describes it correctly
     
    Chef Tyke, Sep 1, 2017
    #27
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