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Looks like Deano has got first dibbs.

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posted on 18/2/16

As below on the special word thread.
It's only naming a preferred bidder status which really is too late to perform full diligence on all the financial changes.
Friday they said a buyer will be named it may not be the same name as the preferred bidder.
Wait for the twist

posted on 18/2/16

I didn't think that this will set the end result in stone. We need to see the details of the bid but that's not going to happen.

It seems strange to me that a billionaire has not got over the line. I would have thought that if anyone had the clout to secure preferred bidder it would have been him.

I'm not surprised the ST haven't got the nod. I can't believe they could raise the funds. From all the snippets we have read, they can't even open a bank account so how they expected to be named preferred bidder is beyond me.

Just another waiting game but it may be enough to hold off the tax man.

posted on 18/2/16

IF and a big IF Deano ends up buying us remember the SS Motto
We Make Money Make Money

So that will be us on the market again as soon as they can turn a profit.

posted on 18/2/16

Really nervous about sports shield. We are in the unknown. We have no idea how mich money they have and its going to take a lot to get us back in what should surely be our target, the prem.

I get the impressiin a consortium of this sort would also be more bound to getting a return. As ye olde alluded to.

A billionaire seems a better option, private owner, less urgency on ROCE, more funds to invest heavily!

posted on 18/2/16

I just hope amir khan isn't involved too much with this consortium

posted on 18/2/16

comment by Isaac Hunt (Just like Them) (U2586)
posted 23 minutes ago
I just hope amir khan isn't involved too much with this consortium
----------------------------------------------------------------------
Whys that? Hes loaded

posted on 18/2/16

the guy is pathetic, and more of a liar than any of the current board members.

posted on 18/2/16

If Deano gets in & sorts out this mess, gets us on the right track i might just forgive him for the miss at wemberley v villa, but i think there is a bit to sort out before then.

posted on 18/2/16

If he buys us hold on tight for a move of the stadium across the road. A cunning plan for the land the Macron is on we have to be shunted off to a more compact cheap MFI supplied stadium. It just so happens one would fit nicely on the land we own across the road. Deano is just the front of a master plan there will be no plans to invest to get us back to the dizzy heights again.
You ain't seen me right.

posted on 19/2/16

This piece in the latest article on the takeover worries me no end. It would seem that the main priority for giving Sports shield preferred bidder status is the fact that Eddie thinks they are in a position to complete quickly.

I would rather that the criteria would have been who can best take the club forward.

Regarding Amir Khan being involved, I not sure why there is so much bad feeling about the guy. When I was in England some years ago, I had discussion with another party who said his father was a drug dealer. A claim that I wouldn't give any credence to whatsoever.

I don't know why some people in Bolton have such a poor opinion of him and his family as I'm sure it isn't justified. I do know he drove recklessly through Bolton town center and that was irresponsible and dangerous and I don't condone it, but his father a drug dealer?

Here is the piece from the said article.

Holdsworth’s Sports Shield Group have a limited amount of time to complete the legal paperwork and complete their bid but it is understood they were in the best position of all available bidders to complete a swift sale.

Davies has asked for proof of funding for at least 12 months and the Football League – who will also have to give their approval to the takeover – have also sought confirmation that the group have enough cash to run the club for the foreseeable future.

Wanderers are likely to make a public comment on the takeover situation today – which could give Neil Lennon’s side a massive lift ahead of their home game against QPR tomorrow.

posted on 19/2/16

Just keep in mind we don't do plan B's
This is a mates rate deal to Ed's neighbour and drinking buddy be prepared for brown stuff to be deflected from the spinning fan blades in due course.

posted on 19/2/16

Who knows this time next year could be back in the same boat, in administration with less assets to sell. I know nothing about sports shield but they can't be any worse than davies is at the moment. Its a case of hobsons choice. Be interesting to see if what was rumoured a few months ago now happens. Lennon sacked and replaced by phil brown. Kyle lafferty on loan. Kevin Nolan to sign although that boat has sailed now he is orient manager.

posted on 19/2/16

Look forward to Europe the next time we'll see it will be when pictures are allowed on the forum and SWIE posts some of his home town club in action.

posted on 19/2/16

Regarding Deanos bid ,nobody buys a business to go bust,so let's get behind him if the deal goes through,
He knows the only chance of making money is to get back to the premier league ,
So let's just hope he as the same ambition as the supporters,
At least until we know any different.!!!!!

posted on 19/2/16

Pasty, I doubt very much if I will be around if and when we get back into Europe. I'm 68 in a couple of months time. Fit as a fiddle at the moment not overweight and keep myself toned but I have to be realistic. We don't live forever.

However I'm hoping that the club can get back on an even keel during my lifetime. Nothing in this life is certain.

I hope that Benny is right in his assessment when he say "I know nothing about sports shield but they can't be any worse than Davies is at the moment." I wouldn't put money on it just yet.

posted on 19/2/16

Beware the grass on the other side. The billionaire property magnet behind Deano's newly reconfigured consortium he buys into land deals to make big profits not football clubs to throw money at he'll keep us afloat until his deals are done and then we can disposed of he'll either jettison or take over Deano's gang when his deals are done.

posted on 19/2/16

Euxton has now been sold to wigan. What has happened to that money? Towards the tax bill? Or more of that money we don't owe to ed claimed back?

posted on 19/2/16

Benny have you just hit the nail on the head,

posted on 19/2/16

Tax bill so there's over a million to find for Monday I hope it's not in my jeans back pocket Jeeves sent out some laundry this morning..

posted on 19/2/16

What about the money from the deal on the car park. Wasn't that reported to be 5.5 million set against the sale of the Hotel?

There should be enough money to pay the tax man but will Eddie be keeping it?

For those who would like to read the article regarding the sale of Euxton, here it is.

WANDERERS have confirmed the sale of their Euxton training base, with Wigan Athletic due to move in over the summer.

The club has released a statement confirming the sale of the old ROF Chorley Sports Ground, which has been their home for more than 15 years.

It is understood that the club will recieve £2.2million for the sale of the site and do not have a clause allowing them to repurchase it in the future.

"Bolton Wanderers can announce that the club has concluded a deal to sell its Euxton training ground," the club said this morning.

“The facility will now be solely owned by Huron Properties, with another North West football club set to be based at the Euxton site from this coming summer.

“In the period leading up to Easter, the Bolton Wanderers first team and backroom staff will begin a process to relocate permanently to a combination of both the club’s Lostock training ground and Macron Stadium.”

Wigan have been on the lookout for a new training base for a number of years as they look to upgrade their academy.

Currently based at Christopher Park in Standish, they are expected to amalgamate both their senior and youth teams at Euxton from next season.

posted on 19/2/16

You missed it the other day SWIE the car park paid Ed's old mate Brett's loan and debt off and the rest used to juggle the purchase of the pocket of land all nicely bundled up to ensure Ed's overseas group retains a healthy stake in the new development.

posted on 19/2/16

just sitting back and waiting. not trying to jump to conclusions. Being a good mushroom at the moment.

We have a game of football tomorrow, not jumping to conclusions, but feel the need for 3 points.

Just hope the consortium have brought their own wand.

posted on 19/2/16

Bolton Wanderers have settled mortgate and debt balances owed to National Westminster (NatWest) Bank PLC, which were charged against the club's Bolton Whites Hotel.

Mortgate and debenture charges were granted by the bank on May 24, 1999, when the premises was opened under the De Vere Venues umbrella, and were carried forward after Wanderers took sole ownership of the business in August 2013.

After taking the decision to sell car parking land outside the North Stand of Macron Stadium in January, a figure of £5.5million, provided by Prescot Business Park Limited, was used as security against the hotel - ensuring the company would be legally entitled to reclaim the balance in the event Wanderers were placed into liquidation.

Documents, publicly available via the Companies House website, confirm the charges owed to NatWest were cleared on Thursday, as well as a previously documented debenture owed to Nucleus Commercial Finance Limited, made possible by the sale of office premises.

At the time of writing, nine separate charges remain against the club - as follows:

29/01/2016 - Prescot Business Park Limited (Ordinary Shares)
24/12/2014 - William Brett Warburton (F/H of Land - Hall Lane/Lostock Lane)
27/04/2010 - Barclays Bank PLC (Debenture)
27/10/2009 - Moonshift Investments Limited (Deed of Assignment)
27/10/2009 - Moonshift Investments Limited (Legal Charge)
16/02/2006 - Moonshift Investments Limited (Legal Charge)
22/09/2003 - Moonshift Investments Limited (Amendment to a Debenture)
08/11/2002 - Moonshift Investments Limited (Debenture)
09/07/2001 - Moonshift Investments Limited (Legal Charge)

With Eddie Davies vowing to wipe the value of debts owed to his parent company - Moonshift Investments Limited - upon the conclusion of a sale, Bolton are left facing the prospect of clearing the balance of a loan owed to Barclays Bank PLC before ultimately becoming debt free.

posted on 19/2/16

What time does Friday close should we be worried no buyer has been announced yet.
Is Marc waiting to live his boyhood dream of shouting hold the front page.

posted on 19/2/16

Friday is open for 48 hours

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