A Bolton Wanderers question (3 Viewers)

[covboy1987]

It seems the main issue why Bolton cannot fulfil their fixtures is the players are refusing to play because they haven't been paid - not bad reasoning as it has gone on for nearly 6 months - what I cannot understand is why the PFA not stepped in and started pay the wages -It has been reported that the PFA have £50 million pounds sitting in the bank - The club at some point will have new owners so will not go on forever

 

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[no_loyalty]

It seems the main issue why Bolton cannot fulfil their fixtures is the players are refusing to play because they haven't been paid - not bad reasoning as it has gone on for nearly 6 months - what I cannot understand is why the PFA not stepped in and started pay the wages -It has been reported that the PFA have £50 million pounds sitting in the bank - The club at some point will have new owners so will not go on forever

The PFA may well have £50M in their bank, but do they really want to pay out? any history of them doing this previously?

 

[Grendel]

The PFA may well have £50M in their bank, but do they really want to pay out? any history of them doing this previously?

I’m pretty certain they have loaned Bolton and bury players to supplement them but obviously they can’t just pay wages

 

[Legia Sky Blue]

Dangerous precedent to set. Would open the floodgates for unscrupulous owners to not pay wages whenever it suited them.

 

[robbiekeane]

I’m pretty certain they have loaned Bolton and bury players to supplement them but obviously they can’t just pay wages

No good loaning them players, give them some cash!

 

[CanadianCCFC]

Just announced:
Bolton’s first game is on, Bury's has been suspended.

 

[Nick]

No good loaning them players, give them some cash!

Think he meant gave the players cash?

 

[SkyblueBazza]

Just announced:
Bolton’s first game is on, Bury's has been suspended.

Dreadful situation.

Fingers crossed for Bury

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[robbiekeane]

Think he meant gave the players cash?

I know just my shit sense of humour. Bit awkward now

 

[Nick]

 

[ceetee]

Bury is an example of what can happen if you "speculate to accumulate"

 

[SkyblueBazza]

I know just my shit sense of humour. Bit awkward now

I will help.

Every cloud...there might be a ground going on the cheap

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[steveo1987]

The PFA may well have £50M in their bank, but do they really want to pay out? any history of them doing this previously?

The PFA may well have £50M in their bank, but do they really want to pay out? any history of them doing this previously?

They dont appear to have a problem paying millions to Gordon Taylor

 

[Liquid Gold]

We're in the playoffs now they're on minus 12

 

[covboy1987]

Fair play to the PFA as it looks like the they read our site -They have just pumped £2 million into Bolton so the club can get there season going

 

[Robccfc87]

Fair play to the PFA as it looks like the they read our site -They have just pumped £2 million into Bolton so the club can get there season going

Bad precedent to set though surely? "Don't worry lads you can run your club like a jumble sale and we'll just bail you out when it goes tits up!"

 

[Robccfc87]

Bury is an example of what can happen if you "speculate to accumulate"

I don't think they particularly "speculated" it sounds more like a boardroom level finance war between previous and current owners, Bury fans appear to think current owner is a crook and absolutely full of it.

 

[chiefdave]

Fair play to the PFA as it looks like the they read our site -They have just pumped £2 million into Bolton so the club can get there season going

As a loan or have they paid off the debt? A loan I can see making sense, the owners have said they will pay over 24 months, players understandably want their money now.

 

[fernandopartridge]

We're in the playoffs now they're on minus 12

View attachment 12706

E-I-E-I-E-I-O

 

[ceetee]

I don't think they particularly "speculated" it sounds more like a boardroom level finance war between previous and current owners, Bury fans appear to think current owner is a crook and absolutely full of it.

They spent a lot on players a couple if seasons ago

 

[better days]

As a loan or have they paid off the debt? A loan I can see making sense, the owners have said they will pay over 24 months, players understandably want their money now.

I think from past experience the PFA only advance funds to pay their members' salary, or part of it
This will only apply to players and any coaches that remain PFA members I suspect
The advance may well be secured against future payments from the EFL to the club
I've seen the PFA do this with a host of clubs in recent years
They are a union when all's said and done and the players are all members

 

[Liquid Gold]

I remember a few years ago Bury selling the land around Gigg Lane including their car parks to fund player purchases in an attempt to get to the Championship. Leon Clarke etc. wouldn't have been cheap. It rang alarm bells at the time and I've been expecting some trouble ever since, it appears to have been made worse by their most recent chairman being a liar.

 

[Robccfc87]

They spent a lot on players a couple if seasons ago

Yeah I remember that but I was under the impression they had to turn that round pretty quickly after not going up and got rid of a good few. Either way let's hope they get it sorted, I think cov fans have a new found sympathy for clubs in these positions.

 

[CanadianCCFC]

I remember a few years ago Bury selling the land around Gigg Lane including their car parks to fund player purchases in an attempt to get to the Championship. Leon Clarke etc. wouldn't have been cheap. It rang alarm bells at the time and I've been expecting some trouble ever since, it appears to have been made worse by their most recent chairman being a liar.

How stupid

 

[dutchman]

I will help.

Every cloud...there might be a ground going on the cheap

It's a flipping long walk from Coventry though.

Visited Bury once by steam train (from Bolton), oddly enough passed Old Trafford on the way there. There was a cricket match in progress.

 

[Irish Sky Blue]

It's a flipping long walk from Coventry though.

Visited Bury once by steam train (from Bolton), oddly enough passed Old Trafford on the way there. There was a cricket match in progress.

That must have been a long time ago. I remember steam trains (just) and I am 62!

 

[Warwickhunt]

Fair play to the PFA as it looks like the they read our site -They have just pumped £2 million into Bolton so the club can get there season going

what about Bury??

 

[Joy Division]

Bury is an example of what can happen if you "speculate to accumulate"

I seem to remember there was a Bury fan on here a few years ago bragging about their new found wealth. Didn't turn out too good for him in the end.

 

[dutchman]

That must have been a long time ago. I remember steam trains (just) and I am 62!

It was one of the last which is why we bought a ticket to Bury rather than somewhere more interesting.

The Wanderer's stadium was next to Bolton station in those days and Horwich - where the current 'Bolton' stadium is located - was the former headquarters of the Lancashire and Yorkshire Railway Company.

I always thought it was a mistake moving to an out-of-town stadium.