Bolton Wanderers only £8m in debt

Discussion in 'Bulletin Board ARCHIVE' started by Burgundy Red, Jan 13, 2014.

  1. Burgundy Red

    Burgundy Red Well-Known Member

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    Burgundy Red, Jan 13, 2014
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  2. BorderTerrier

    BorderTerrier Active Member

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    Well it's true in a way. It's a bit like like owing your wife or your mum £155m; they're not going to get it, or send the heavies in to demand it.

    It's as good as written off.
     
    BorderTerrier, Jan 13, 2014
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  3. Burgundy Red

    Burgundy Red Well-Known Member

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    Well, unless the benefactor decides he wants some of it back.

    I understand what he's saying but it won't make much difference anyway when Financial Fair Play comes in - debt to the owner isn't going to be allowed to keep increasing either (beyond certain limits, which will taper down over the next few years).
     
    Burgundy Red, Jan 13, 2014
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  4. DEETEE

    DEETEE Well-Known Member

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    It'll not get written off, not while he's getting oodles of interest....
     
    DEETEE, Jan 13, 2014
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  5. Che

    Chef Tyke Well-Known Member

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    Gartside taking the moral high ground claiming BWFC are being responsible in context of young British managers.

    What about responsibility when it comes to spending, you c0ck end???
     
    Chef Tyke, Jan 13, 2014
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