The real, dedicated Bolton fans would be fine(after the initial sting has gone). There will be a phoenix club formed, which if they can attract the old BWFC fans like Rangers and AFC Wimbledon did/have, should be challenging for a place back in the league after a few years.
If I understand the situation right, the stadium, car parks and hotel are the big ticket assets, although I've also seen somewhere that all are mortgaged to the hilt(the car parks certainly have charges against them, as the bloke who borrowed them the money against them was involved in an earlier consortium, and was willing to convert the loan into shares). There were also reports being leaked that Anderson wanted the club liquidating, as financially he would have made more money this way(being classed as a secure creditor), but that talk has died down now, so no idea how true it was.
Goes back to the days of paying the likes of Campo Okocha Hierro and Anelka top wack wages and trying to live beyond their means. Never recovered.
In the league rules, as it is past April 30, they are now considered to have completed the season (if they go into liquidation). I believe if they liquidated now, then next season L1 would be a team short and any phoenix team would start at the bottom of the pyramid. Surprised it was awarded as a 1-0 result - typically where a team can't play it is awarded as 3-0 to the other team.
Just thinking back to Gartside and his attempts to set up a closed shop Premier League 2, he would have never let our club in. Hope it's a long, long way back for them.
This is what I don’t understand, where does the 1-0 come from? Is that now a precedent for unfulfilled fixtures? What if Brentford were playing for promotion or relegation? A future team may be in this situation and it may work in either teams favour? Eg the team in Brentfords position could have lost out on promotion on GD as awarded a 1-0 win, where as if the game had been played they could have won 2 or 3 nil? The EFL just make it up as they go along and make decisions to not effect anything, same with the 9 point deduction for Birmingham, just not enough to force them into relegation.
If the ITV digital era where clubs went into administration wasn't a wake up call, I don't think anything will be.
I would suspect the 1-0 is a token gesture, there would be nothing to gain by making Brentford travel after the season has finished for effectively a dead rubber and you could argue the only people being penalised are the Brentford players. I can’t imagine for a minute if the match had any impact the outcome would be the same.
I think the whole situation is a disgrace, really is. What if every team did this (behaving like them) and the pfa etc were having to pay all the teams wages at every club, because they had ALL screwed up financially! I actually think that the romance of Bolton being one of the oldest teams in the fl, is clouding the judgement of the suits. Birmingham received a slap on the wrist, so did QPR. Rules are only rules as long as EVERYONE adheres to them, otherwise we can all go into overspend and laugh at the rules, the regulators and all the other clubs, who struggle but obey the rules.
I think this time they’ll get a serious kicking from the EFL. Mainly because, by not fulfilling a fixture, they’ve embarrassed them and brought the entire league’s integrity into disrepute.
I find it a bit rich that the players are bleating about their over inflated wages not being paid when they turned lesser deals from other clubs down to go there. I’m an imbecile but I’ve known for at least 10 years that they were surviving on debts they couldn’t afford. My heart does go out to the other employees at the club on the same money as you and I, although the league has to make an example of clubs such as these, qpr, Birmingham, Leeds, Leicester, forest etc that gamble year on year. After all, qpr took my scowen on money they can’t afford.