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Bolton / Bury On The Brink (Merged)


Judda

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48 minutes ago, myol'man said:

and remember that Phil Gartside wanted to create Premier League 1&2 with no promotion or relegation from the EFL.

Now we see why. 

Shame is, one week of the salary that the Chinese were going to pay Bale would save Bolton and Bury. 

Football is very broken. 

Edited by Southport Red
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27 minutes ago, BS3_RED said:

Thats like saying the same in Bristol for City and the sags. Theyre the same...RIVALS. 

This is spot on. While Bolton fans don't want to see Bury go bust, there is most certainly no love lost between the 2 sets of supporters. A Bolton fan in work just wants to see his club survive, whatever league they're in.

Like BS3, I spend a lot of time in Manchester and work with both Bolton and Bury fans and they most certainly don't like each other. 

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1 minute ago, Redwhitepurple said:

I dont have sympathy for any team signing big names and paying shed loads of money like bolton did whilst in the prem and now are going to collapse. The fans were happy to attend games then, playing likes of Liverpool and arsenal but now they play bristol rovers fans arent interested and the club still struggling after meltdown from the premiere league and paying people like jay jay okocha £50k a week and that was bag then about 75k in todays money

I do have sympathy for the fans.

Nobody wants to see another club go out of business, not matter how it occurred.

As we’ve been so close to folding ourselves, we can relate to their struggles in so many ways. Sad day for football this

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4 minutes ago, Monkeh said:

Why didn’t we merge with rovers in 1982?

From notes I made at the time;  in September 1980, Alan Dicks was dismissed after 13 years service. He had been the longest serving manager in the country, but the next 14 years would see eight managers at Ashton Gate.  Also at this time, the Chairman offered an open door to the Rovers'  board if they wished to discuss a merger as fans were staying away from two sinking ships, but nothing came of it.

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1 hour ago, Bar BS3 said:

Rovers really are missing a trick here (unless negotiations/bullying are already underway)

It’s the perfect opportunity for them to steal another ground and #### off out of Bristol..!

There will surely be furious, feverish, frenetic excitement in the heat and the sweat of the Tents this week as they await news of the latest football club going into administration and bankruptcy and they prepare to cry: "Bolton 2019!" along with Southampton 2009!, Chester 2010! Aldershot '92! Accrington Stanley '66! Portsmouth whatever year it was, Rangers 2012!, Huddersfield 2003!, and Leeds/Leicester/Hull, and of course, City 82.

Must be exhausting for them, but as we know, fiscal propriety and scrupulous boardroom and administrative conduct is what they are passionate about, known for around the football community and quite simply it is what they do. Along with the other thing what they always do.

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1 hour ago, Bar BS3 said:

Rovers really are missing a trick here (unless negotiations/bullying are already underway)

It’s the perfect opportunity for them to steal another ground and #### off out of Bristol..!

Gigg Lane would be ideal for a small club like the sags

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Think I heard the other day that Championship clubs have the worst debut in the football league. It’s alright splashing the cash but in the end you’re going to have to pay up froth what you’ve bought. 

I think we now live in a system that teaches that “ Credit makes the world go around “

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1 hour ago, Ska Junkie said:

This is spot on. While Bolton fans don't want to see Bury go bust, there is most certainly no love lost between the 2 sets of supporters. A Bolton fan in work just wants to see his club survive, whatever league they're in.

Like BS3, I spend a lot of time in Manchester and work with both Bolton and Bury fans and they most certainly don't like each other. 

But if the only way to see his club survive was to merge? 

Whilst I get the rivalry, wouldn't that just be them cutting their nose off to spite their face? 

When you look at the teams that are in the conference, Notts County, Chesterfield etc, teams with a long football league history then it won't be long until Bury and Bolton are forgotten about.

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8 minutes ago, Up The City! said:

But if the only way to see his club survive was to merge? 

Whilst I get the rivalry, wouldn't that just be them cutting their nose off to spite their face? 

When you look at the teams that are in the conference, Notts County, Chesterfield etc, teams with a long football league history then it won't be long until Bury and Bolton are forgotten about.

With all due respect, you seem to be missing the point of football identity and tradition. Bury are Bury and Bolton are Bolton. If they merged, both clubs would essentially cease to exist. And if I was a fan of either club, I'd sooner watch an AFC Bolton/Bury in the Northern Counties league than some frankenstein outfit in League one.

Edited by Wanderingred
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All this talk of merging clubs in nonsense in my eyes. I'd rather then clubs went bust and then started at the bottom end of the Pyramid. 

If we went down that route, we'd have a league similar to that of Scotland, where there's few teams left to make up the numbers, and sides would have to play each other 4 times a season!

Football is all about local communities and historical relationships with their areas, not about merging and franchising football clubs.

The quicker the Premier League and all the obscene money associated with it can go bust, the better. Actually, no, let me reword that, the quicker the obscene transfer fees and salaries are gone...the better. I think the money that is coming in could be better utilized further down the lower level grassroots football, and the redevelopment of stadiums and infrastructure.

As a radical thought, wouldn't it be interesting if clubs could only spend wages proportional to their attendances? The clubs could still get their £130million sponsorship per year from being in the Premier league,  but they'd then have to use that money build up their stadium capacities, training complexes, youth team, coaching abilities etc.. but their spending of wages would only be relevant to their attendance levels. It might even encourage lower ticket prices to the fans as it'll be more beneficial for the club to have a 20,000 attendance each paying £5-£10, compared to £25 a head for an attendance of 12,000.

 

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This is a reflection of the gulf in football caused by the money going from TV into the Premier League. The weekly wage bill of either Man United or Man City, just 10 or so miles away, could probably wipe out all the debts of both Bolton & Bury.

Not surprising that debts are so bad in the Championship as clubs overextend in their promotion attempts, or unless clubs relegated from the Premier League are savvy about their contracts, they will be in trouble, parachute payments or not. And that can become a downward spiral of further debt and relegation.

If either club are lucky, they might be able to resurrect themselves like another of the original 12 Football League teams, Accrington Stanley. But that seems to require owners who care about the club AND know how to run the finances. They seem to be in short supply...

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Boltons demise is a reflection of idiocy of the running of one of Englands most famous clubs! 

Burys demise is a reflection of a small town club who struggled to tread water with the likes of all the clubs they compete with in the area including Bolton! I know where my sympathies lay most.

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The thing about Bolton is, it's more of a puzzle.

Historic debts yes but something seriously doesn't add up there- losses, yes but not the levels mooted.

I can't think their wage bill soared in 2017/18, they were on a strict EFL wage limit for new signings, they didn't spend any fees, cash for Madine was £6m, the jump in TV money and solidarity payments/prize pool of several million...when set against their 2016/17 accounts, it seriously doesn't add up- their historic debt was seemingly written off so more questions then answers! Overspending? Not convinced it was so simple.

@REDOXO

Understand that element yet Bury overspent too- in the sense of well they had to have had,  or SHOULD have had to have had no more than 55% of turnover spent on wages- something clearly went very wrong there, with enforcement, oversight or loopholes! In theory, there is a limit of 55% of turnover to be spent on wages in League Two, unless an owner makes up the shortfall, wealthy owners can change this- was Dale loaning them loads of cash without proper care or guarantee to therefore get them in this mess?

Edited by Mr Popodopolous
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51 minutes ago, Mr Popodopolous said:

The thing about Bolton is, it's more of a puzzle.

Historic debts yes but something seriously doesn't add up there- losses, yes but not the levels mooted.

I can't think their wage bill soared in 2017/18, they were on a strict EFL wage limit for new signings, they didn't spend any fees, cash for Madine was £6m, the jump in TV money and solidarity payments/prize pool of several million...when set against their 2016/17 accounts, it seriously doesn't add up- their historic debt was seemingly written off so more questions then answers! Overspending? Not convinced it was so simple.

@REDOXO

Understand that element yet Bury overspent too- in the sense of well they had to have had,  or SHOULD have had to have had no more than 55% of turnover spent on wages- something clearly went very wrong there, with enforcement, oversight or loopholes! In theory, there is a limit of 55% of turnover to be spent on wages in League Two, unless an owner makes up the shortfall, wealthy owners can change this- was Dale loaning them loads of cash without proper care or guarantee to therefore get them in this mess?

I think Bolton's financial problems are more to do with the hotel side of the business rather than the football side. May be wrong but sure I heard this a few weeks ago on Talksport

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1 minute ago, Sir Geoff said:

I think Bolton's financial problems are more to do with the hotel side of the business rather than the football side. May be wrong but sure I heard this a few weeks ago on Talksport

Lesson there for us?

Sometimes off the field infrastructure may not be the money spinner it appears to be- mind you Bristol for events etc is much better placed than Bolton and all seems to be going to plan thusfar! Having SL too means we don't face the issues that a Ken Anderson run Bolton would, both financially and governance wise.

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52 minutes ago, Mr Popodopolous said:

The thing about Bolton is, it's more of a puzzle.

Historic debts yes but something seriously doesn't add up there- losses, yes but not the levels mooted.

I can't think their wage bill soared in 2017/18, they were on a strict EFL wage limit for new signings, they didn't spend any fees, cash for Madine was £6m, the jump in TV money and solidarity payments/prize pool of several million...when set against their 2016/17 accounts, it seriously doesn't add up- their historic debt was seemingly written off so more questions then answers! Overspending? Not convinced it was so simple.

@REDOXO

Understand that element yet Bury overspent too- in the sense of well they had to have had,  or SHOULD have had to have had no more than 55% of turnover spent on wages- something clearly went very wrong there, with enforcement, oversight or loopholes! In theory, there is a limit of 55% of turnover to be spent on wages in League Two, unless an owner makes up the shortfall, wealthy owners can change this- was Dale loaning them loads of cash without proper care or guarantee to therefore get them in this mess?

I agree Popo yes there were issues too. But Bury have had to take chances and make deals to merely survive. The ongoing charade, hubris and mis management at Bolton is the stuff of legends. Don’t get me wrong I have great sympathy with their fans. They will reform their club and start from the bottom and love it once they get started. One of my best friends and his family were fundamental to the reformation of Aldershot and they support their club more than ever despite the current down turn. 

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44 minutes ago, Sir Geoff said:

I think Bolton's financial problems are more to do with the hotel side of the business rather than the football side. May be wrong but sure I heard this a few weeks ago on Talksport

I’m following some of Alan Nixon’s tweets on Bolton, and he keeps stressing that the hotel is profitable and there are several buyers keen on it. The football club seems to be the problem. They are in administration separately but it seems hugely complicated.

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1 hour ago, Ska Junkie said:

The Bury one is very, very suspect. It turns out their odious owner took them into a CVA with debts of £7M then got his son in law to purchase the debt for £70K. He is now asking for 25% or £1.75M.

Very, very shady IMHO.

A lot more background from David Conn here:

https://www.theguardian.com/commentisfree/2019/aug/26/bury-britain-gigg-lane-brexit

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7 hours ago, old_eastender said:

Maybe if Bolton and Bury go under it will provide a stark reminder to other clubs spending above their means...

Do we just say this every time a club goes under, until the next time? Nothing’s changing within football and if anything the spending/gambling on promotion is getting more reckless

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It is hard to understand what makes a viable business these days.  Most top clubs seem to be trading at a huge loss, and their value is being inflated by the ludicrous values put on players, which are totally artificial.  The football authorities are not helping by their hopeless mismanagement of these situations.  It feels almost as though they want smaller clubs to collapse.  It’s will be an absolute tragedy if either Bolton or Bury go to the wall, while the likes of Villa thrive...

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The problem we have is Football v Football Business v Business.  It appears there are loopholes in each bit.

Where you have legitimate business practices finding loopholes in FFP, e.g. sell and lease-back of your ground, and no consistent valuation method, it’s never gonna hit the mark.

I don’t have the answer though.

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5 hours ago, beaverface said:

All this talk of merging clubs in nonsense in my eyes. I'd rather then clubs went bust and then started at the bottom end of the Pyramid. 

If we went down that route, we'd have a league similar to that of Scotland, where there's few teams left to make up the numbers, and sides would have to play each other 4 times a season!

Football is all about local communities and historical relationships with their areas, not about merging and franchising football clubs.

The quicker the Premier League and all the obscene money associated with it can go bust, the better. Actually, no, let me reword that, the quicker the obscene transfer fees and salaries are gone...the better. I think the money that is coming in could be better utilized further down the lower level grassroots football, and the redevelopment of stadiums and infrastructure.

As a radical thought, wouldn't it be interesting if clubs could only spend wages proportional to their attendances? The clubs could still get their £130million sponsorship per year from being in the Premier league,  but they'd then have to use that money build up their stadium capacities, training complexes, youth team, coaching abilities etc.. but their spending of wages would only be relevant to their attendance levels. It might even encourage lower ticket prices to the fans as it'll be more beneficial for the club to have a 20,000 attendance each paying £5-£10, compared to £25 a head for an attendance of 12,000.

 

The major downside to that thought is all the top talent would be off abroad chasing the money.

As would youngsters as they make a name for themselves then realize that 5 years in Spain and them their kids and their grandchildren are made for life.

Not saying it is right but it’s how it is.

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With all the money sloshing around the top level of the game its mental a club the size of Bolton may go out of existence. I totally get that they have been mismanaged but owners of football clubs are largely transient - the fans are not. However it’s the fans who will suffer. Any club is one bad owner away from being in this position. Something very wrong indeed. I hope they find a solution

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49 minutes ago, TonyTonyTony said:

With all the money sloshing around the top level of the game its mental a club the size of Bolton may go out of existence. I totally get that they have been mismanaged but owners of football clubs are largely transient - the fans are not. However it’s the fans who will suffer. Any club is one bad owner away from being in this position. Something very wrong indeed. I hope they find a solution

The issue with Bolton is that they pissed away the PL money and some - I recall reading that when they got relegated from the PL , despite all the money they “earned” there, they still owned Eddie Davies £138m - there is financial mismanagement and then there is madness.

Edited by ScottishRed
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20 minutes ago, ScottishRed said:

The issue with Bolton is that they pissed away the PL money and some - I recall reading that when they got relegated from the PL , despite all the money they “earned” there, they still owned Eddie Davies £138m - there is financial mismanagement and then there is madness.

Correct. Gartside wasn't daft when he suggested that the PL should be a closed shop. He knew that they were in a financial mess and that if they fell out of the PL something like this could be the end result.

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32 minutes ago, ScottishRed said:

The issue with Bolton is that they pissed away the PL money and some - I recall reading that when they got relegated from the PL , despite all the money they “earned” there, they still owned Eddie Davies £138m - there is financial mismanagement and then there is madness.

Im sure I read that in only one of the eleven years they spent in the premier league did Bolton make a profit.

 

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40 minutes ago, ScottishRed said:

The issue with Bolton is that they pissed away the PL money and some - I recall reading that when they got relegated from the PL , despite all the money they “earned” there, they still owned Eddie Davies £138m - there is financial mismanagement and then there is madness.

The debt was written off though. How much would our notional debt be to SL eg or many clubs to their owners.

Simple overspending, think the Bolton case a lot more complex. Money was pouring out of the club to the administrators and significantly they never published 2017/18 accounts, hard to say based on limited evidence but it's possible they broke even or made a small profit that season.

Did the suns from their 2016/17 accounts, factored in a £6m+ profit on Madine, zero spent on fees, several million rise in TV and solidarity payments- yes their wages would've risen overall but players left too- EFL imposed strict transfer conditions too.

A lot doesn't add up.

Edited by Mr Popodopolous
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2 hours ago, Monkeh said:

Remember their own owner (Bolton) wrote off over 170 million worth of debt but that still didn’t solve the problems there

£197.9m to be exact.

Absolutely staggering. Yet still find themselves in this position.

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7 minutes ago, BCFC11 said:

£197.9m to be exact.

Absolutely staggering. Yet still find themselves in this position.

Simple cashflow issues. As in they need to be wholly self sufficient or it's problems- where would most clubs at this level be if they had to solely break even with zero owner input though?

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2 hours ago, Davefevs said:

The problem we have is Football v Football Business v Business.  It appears there are loopholes in each bit.

Where you have legitimate business practices finding loopholes in FFP, e.g. sell and lease-back of your ground, and no consistent valuation method, it’s never gonna hit the mark.

I don’t have the answer though.

A squad salary cap would be a start. 

15 minutes ago, BCFC11 said:

£197.9m to be exact.

Absolutely staggering. Yet still find themselves in this position.

Someone has made a lot of money there. Maybe the truth will come out. 

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34 minutes ago, Northern Red said:

Correct. Gartside wasn't daft when he suggested that the PL should be a closed shop. He knew that they were in a financial mess and that if they fell out of the PL something like this could be the end result.

Daft enough to jump on the slippery slope of debt though. 

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2 minutes ago, shelts said:

I can see why it’s important to Sir Steve that we do things properly and not just use his millions 

Bolton have a similar infrastructure to us though, surprisingly. Reebok Stadium, Hotel, Conferencing facilities.

Getting top dollar for players is definitely an example of doing it right, so too is building up the club but not so very long ago Bolton broke even quite likely the year we finished 11th and got a Carling Cup run we lost £25m!

We're absolutely currently one of the best run at this level but self sufficient with zero owner investment?

Well 2018/19 we will be but in general? Unsure it's sustainable over even more than 2 years on the spin, just the natue of the division.

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19 minutes ago, Mr Popodopolous said:

The debt was written off though. How much would our notional debt be to SL eg or many clubs to their owners.

Simple overspending, think the Bolton case a lot more complex. Money was pouring out of the club to the administrators and significantly they never published 2017/18 accounts, hard to say based on limited evidence but it's possible they broke even or made a small profit that season.

Did the suns from their 2016/17 accounts, factored in a £6m+ profit on Madine, zero spent on fees, several million rise in TV and solidarity payments- yes their wages would've risen overall but players left too- EFL imposed strict transfer conditions too.

A lot doesn't add up.

It doesn’t add up you are right @Mr Popodopolous but in the “good times” they were spending way above the PL TV money, utter madness.

I don’t think for one second that the current owner did anything other than try to make a few quid out of the club.

EFL to blame for that hands down.

Hope they are OK

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Everyone talks about Bolton but a year ago this could've been Aston Villa.

They were just very, very fortunate they were brought out when they were. Work with an Aston Villa fan, who also understands the financial side and basically Xia couldn't get cash out of China and they were very close to administration or worse!

Maybe a firesale would've done it.

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7 minutes ago, Mr Popodopolous said:

Bolton have a similar infrastructure to us though, surprisingly. Reebok Stadium, Hotel, Conferencing facilities.

Getting top dollar for players is definitely an example of doing it right, so too is building up the club but not so very long ago Bolton broke even quite likely the year we finished 11th and got a Carling Cup run we lost £25m!

We're absolutely currently one of the best run at this level but self sufficient with zero owner investment?

Well 2018/19 we will be but in general? Unsure it's sustainable over even more than 2 years on the spin, just the natue of the division.

I don’t think we plan to be in this division in 2 years - don’t think we plan to be in this division next season @Mr Popodopolous

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1 minute ago, ScottishRed said:

It doesn’t add up you are right @Mr Popodopolous but in the “good times” they were spending way above the PL TV money, utter madness.

I don’t think for one second that the current owner did anything other than try to make a few quid out of the club.

EFL to blame for that hands down.

Hope they are OK

Yeah this is true- think it got worse under Megson and Coyle as they couldn't do more with less like Big Sam.

Then relegation and trying to bounce straight back compounded the issue in 2012/13. Davies due to health possibly, waning interest of his family or maybe a mix of the 2 stopped spending. Debt write off should've been a fresh start...

...Have to say that's braver than I'd put on a public forum about their owner! ?

Agreed- but that idiot Harvey even defended owners.Okay there are plenty of good ones but quite a few irresponsible ones too- but he lumped them all in.

https://www.grimsbytelegraph.co.uk/sport/football/football-news/efl-championship-play-offs-owners-2911755.amp

So do I. Bury too.

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22 minutes ago, Mr Popodopolous said:

Everyone talks about Bolton but a year ago this could've been Aston Villa.

They were just very, very fortunate they were brought out when they were. Work with an Aston Villa fan, who also understands the financial side and basically Xia couldn't get cash out of China and they were very close to administration or worse!

Maybe a firesale would've done it.

....and we helped them out, restructuring the Baker deal to ease their cashflow!!

Maybe we shouldn’t have bothered!

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9 minutes ago, Davefevs said:

....and we helped them out, restructuring the Baker deal to ease their cashflow!!

Maybe we shouldn’t have bothered!

Indeed.

We seemingly had reasonable relations at boardroom level, think was mentioned on here a while ago?

That was the old regime though- Xia, Wyness- no Purslow. The new lot seem a horrible bunch, Purslow especially.

Dare I say Purslow mostly? Rich owners are commonplace but there's something about him...

Edited by Mr Popodopolous
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15 minutes ago, BS4 on Tour... said:

Really?! Surely no proper football fan would put this proposal forward?

 

Im not a proper football fan because I out the suggestion forward? Hmmm ok then. 

Louis Carey often put forward the idea of us and Rovers merging, guess he's not a proper club legend either then? 

What I am saying is we are on the brink of losing two historic football clubs, if a merger was the only way to save them, then surely that should be explored? Businesses merge all the time so what's the difference?

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1 minute ago, Up The City! said:

Im not a proper football fan because I out the suggestion forward? Hmmm ok then. 

Louis Carey often put forward the idea of us and Rovers merging, guess he's not a proper club legend either then? 

What I am saying is we are on the brink of losing two historic football clubs, if a merger was the only way to save them, then surely that should be explored? Businesses merge all the time so what's the difference?

Identity.

Different towns/cities.

Bury especially means a hell of a lot to their community- smallish town, deprivation. North West Community club of year 2012.

Could be won't of course, but reckon they'd sooner reform in non League than merge with another city's team!

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3 minutes ago, Up The City! said:

Im not a proper football fan because I out the suggestion forward? Hmmm ok then. 

Louis Carey often put forward the idea of us and Rovers merging, guess he's not a proper club legend either then? 

What I am saying is we are on the brink of losing two historic football clubs, if a merger was the only way to save them, then surely that should be explored? Businesses merge all the time so what's the difference?

Merging two football clubs is not saving them both. 

Its creating an entirely new one. 

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1 minute ago, Up The City! said:

Im not a proper football fan because I out the suggestion forward? Hmmm ok then. 

Louis Carey often put forward the idea of us and Rovers merging, guess he's not a proper club legend either then? 

What I am saying is we are on the brink of losing two historic football clubs, if a merger was the only way to save them, then surely that should be explored? Businesses merge all the time so what's the difference?

Ok, so let’s assume Bolton and Bury merge and the new club is called Bury Wanderers playing in Bolton - how many Bury fans do you think would consider the new entity to be ‘their club’ ?! And how many Bolton fans would support a team called Bury Wanderers?! You haven’t thought this through - way back a proposal was put forward to merge Reading and Oxford under the name Thames Valley Royals - if you were a Reading or Oxford fan would you have supported ‘that’ ?!

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1 minute ago, miser said:

It seems the problems at Bolton and Bury relate to debt and not to the day to day running costs. Merger doesn't solve the debt problem. 

And the debt relates to a few crooks being involved. The fit and proper test of the EFL is a bit lacking.

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1 minute ago, miser said:

It seems the problems at Bolton and Bury relate to debt and not to the day to day running costs. Merger doesn't solve the debt problem. 

Hard to say.

Bolton had a huge debt write off and really shouldn't be in that position. Ken Anderson mismanaged them horribly...didn't put cash in surely, or sufficient cash to cover losses anyway- but by Championship standards their losses seem pretty low- hell their debt currently pretty low by Championship standards!

Bury I don't know enough about- but seems overspending, must've been at some stage recently.

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3 minutes ago, Mr Popodopolous said:

Hard to say.

Bolton had a huge debt write off and really shouldn't be in that position. Ken Anderson mismanaged them horribly...didn't put cash in surely, or sufficient cash to cover losses anyway- but by Championship standards their losses seem pretty low- hell their debt currently pretty low by Championship standards!

Bury I don't know enough about- but seems overspending, must've been at some stage recently.

It's a mystery for Bolton. In theory the debt was written off, but there are still reports of old debts owed. For Bury, there are reports of Gigg Lane being mortgaged to finance the owners property empire (or not empire). Not sure that all the problems are down to actual running costs. 

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1 hour ago, Mr Popodopolous said:

Bolton have a similar infrastructure to us though, surprisingly. Reebok Stadium, Hotel, Conferencing facilities.

Getting top dollar for players is definitely an example of doing it right, so too is building up the club but not so very long ago Bolton broke even quite likely the year we finished 11th and got a Carling Cup run we lost £25m!

We're absolutely currently one of the best run at this level but self sufficient with zero owner investment?

Well 2018/19 we will be but in general? Unsure it's sustainable over even more than 2 years on the spin, just the natue of the division.

Fine line 

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Whilst it may be too late for Bolton and possibly Bury the authorities need to get their act together to stop these situations happening, imposing a salary cap for example and ensuring there aren’t any ridiculous loopholes 

Also i’d like to see some sort of levy imposed as sort of a membership fee of the top 4 divisions. If 1% of turnover and tv money went into a centrally managed fund this could go towards grassroots as well as issuing grants to make it more of a level playing field. If clubs refuse to pay this fee then they should be kicked out of the league and it’s only really the top 6 clubs who’d threaten to break away if this happened 

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16 hours ago, The Horse With No Name said:

Theres an old saying " You  cant make a silk purse from a sow's ear " . Or in this case, two sow's ears.

Weren’t Dagenham and Redbridge local rivals who didn’t really like each other, but merged so they could pool resources and have a shot at getting into the football league? It does happen. 

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1 hour ago, walnutroof said:

Whilst it may be too late for Bolton and possibly Bury the authorities need to get their act together to stop these situations happening, imposing a salary cap for example and ensuring there aren’t any ridiculous loopholes 

Also i’d like to see some sort of levy imposed as sort of a membership fee of the top 4 divisions. If 1% of turnover and tv money went into a centrally managed fund this could go towards grassroots as well as issuing grants to make it more of a level playing field. If clubs refuse to pay this fee then they should be kicked out of the league and it’s only really the top 6 clubs who’d threaten to break away if this happened 

Salary caps don't work much better, over here in the NRL they're frequently being rorted. Things like the players girlfriends getting paid 100k a year to work for 1hr behind the clubhouse bar, lots of owners and private sponsors paying brown envelopes outside the system to top players.

Unfortunately human greed will always find away around most of the rules, i guess all you can make is the punishment for getting caught not worth doing the cheating in the first place.

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I feel sorry for the fans. They haven’t spent beyond their means. They just buy their tickets and merchandise from their clubs, plus all the expense it takes going to and from watching their team play, and hope that the powers that be use their hard earned money sensibly to take their club forward. 
Those owners are not fans. If their venture goes wrong they will simply move on. 
Real shame that this has been allowed to happen. Football is in the blood - we all know that. I may be in the minority here, but wouldn’t even wish this on the Sags. It’s a sad day for football - but also English culture - when a football club folds.

I can remember this happening to Chester City, Hereford United and Newport County - it’s taken how many years for Newport to climb back into the league (?) but as far as I know the other 2 clubs are still out of business (happy to be corrected on this - not Googled it!! :) )

(No idea how the text size changed half way through this - and can’t work out how to standardise it ? )

Edited by bcfcredandwhite
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