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Bolton, Bury and Macclesfield to do one...

Discussion in 'Hull City' started by originallambrettaman, Sep 11, 2018.

  1. Ron Burguvdy

    Ron Burguvdy Well-Known Member

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  2. Mr Hatem

    Mr Hatem Well-Known Member

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    #822
    Ron Burguvdy likes this.
  3. Steven Toast

    Steven Toast Well-Known Member

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    #823
  4. highpeak tiger

    highpeak tiger Well-Known Member

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    A bit like us then
     
    #824
    Mr Hatem and SW3 Chelsea Tiger like this.
  5. balkan tiger

    balkan tiger Well-Known Member

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    Very sad when clubs are going bust over debts which are less than a premier league players monthly wage.
     
    #825
  6. DMD

    DMD Eh?
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  7. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

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    Clubs fold because they have been badly run not because Man U pay Pogba 400 grand a week
     
    #827
    Howdentiger2 and TwoWrights like this.
  8. balkan tiger

    balkan tiger Well-Known Member

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    Looks like we will soon have less professional leagues, the numbers just don't add up to make it viable.
     
    #828
  9. originallambrettaman

    originallambrettaman Mod Moderator
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  10. tigerscanada

    tigerscanada Well-Known Member

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    The demise of the vulture capitalists. Sad.

    please log in to view this image
     
    #830
    Last edited: Mar 4, 2020

  11. cheshireles

    cheshireles Well-Known Member

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    Where are the assets, who owns them now?
     
    #831
  12. cheshireles

    cheshireles Well-Known Member

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    The fact the EFL allow such a slow death of a club clearly struggling to keep their heads above water (literally) further demonstrates the EFL's inability to grasp the nettle and provide tangible professional support in an attempt to help clubs in such a situation.

    I'm sure accountancy help aided by new regulations over owners who do not meet certain ongoing criteria could create a 'safety net' for such clubs, and their supporters. Easier said then done I accept, but their current inaction is next to useless. PFA union support is generally there to help clubs and players 'in crisis', but normally its only interim solutions they bring to the table partly secured against future revenue/income.

    Macc have been in this position now for 5-6 years, and still the position remains unchanged. The current owner Amar Alkadhi has cleared debts on a number of occasions, but its glaringly obvious he needs either to leave, entertain a partner coming in, create a supporters trust or get other help to sort this mess out. The main point being that throughout the EFL stand on the sidelines and do nothing, something that perhaps could be addressed by new regulations that create a scenario where they can intervene as and when certain financial triggers arise.
     
    #832
  13. originallambrettaman

    originallambrettaman Mod Moderator
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    Out of the frying pan...

     
    #833
  14. spesupersydera

    spesupersydera Well-Known Member

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    It's never happening - the EFL ****ed him off from Bolton 'cos he couldn't supply proof of funding.
     
    #834
  15. originallambrettaman

    originallambrettaman Mod Moderator
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  16. highpeak tiger

    highpeak tiger Well-Known Member

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    Laurence Bassini needs shooting!
     
    #836
  17. cheshireles

    cheshireles Well-Known Member

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    Car Crash in the offing! No way surely Bassini could pass the EFL fair and proper directors test
     
    #837
    spesupersydera likes this.
  18. originallambrettaman

    originallambrettaman Mod Moderator
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    Bolton Wanderers have dodged the threat of liquidation after Football Ventures (Whites) Limited completed its takeover of the club.

    The League One side were told on Tuesday they had 14 days to provide proof of funds or they would follow Bury in being removed from the English Football League.

    A deal to sell the club to Football Ventures appeared to have collapsed over the weekend, but Bolton said in a statement on Wednesday an agreement is now in place.
     
    #838
  19. originallambrettaman

    originallambrettaman Mod Moderator
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    Macclesfield have been given a seven-point deduction for failure to fulfil December's match against Plymouth and for non-payment of player wages.

    It is their second deduction this season, having originally been docked 10 points with four suspended in December for non-payment of wages and not playing their fixture with Crewe. That was later reduced to seven points with three suspended after an appeal.

    But those three points have now been applied to the latest punishment.

    The deduction means Macclesfield slip a place to 23rd in League Two and three points above bottom side Stevenage.

    Tuesday's Independent Disciplinary Commission hearing also gave them another two-point deduction, but this is suspended on the condition they do not breach any further regulations this season.
     
    #839
  20. originallambrettaman

    originallambrettaman Mod Moderator
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    Macclesfield Town have been issued with further misconduct charges by the English Football League, relating to the payment of salaries due in March.

    The League Two club say they will be "appealing these charges vehemently".

    Macclesfield have already been deducted 11 points this season as a result of previous charges, leaving them three points clear of bottom side Stevenage.

    League Two clubs have indicated they wish to end the regular season at its current point because of coronavirus.

    Macclesfield have twice been deducted points during the 2019-20 campaign:

    • December 2019: A 10-point deduction, with four suspended, for non-payment of salaries and failing to fulfil a fixture against Crewe. In March, this was reduced to a seven-point penalty with three suspended after Macclesfield appealed.
    • May 2020: A seven-point deduction for failing to play a match against Plymouth and non-payment of wages. The suspended three points from the first case were applied to the second punishment.
    Should Macclesfield be found guilty of the latest charges and incur a third points deduction, it could leave the club in danger of relegation to the National League - with promotion and relegation between divisions part of the EFL's recommended framework for concluding a season should clubs choose to curtail it early.
     
    #840

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