«Breaking News» Bolton Wanderers escape administration crisis after paying off debts and reducing future costs

Bolton have avoided administration after agreeing a deal to pay off their main creditor, chairman Ken Anderson has announced.

Anderson had warned the Championship club faced administration after an initial offer to repay BluMarble Capital Ltd was rejected.

But he issued a statement on Wednesday afternoon which read: 'I am pleased to confirm that the loan from Blu Marble Capital Ltd has been repaid.

Bolton Wanderers have escaped the threat of administration after paying off a main creditor

'I am also pleased to be able to confirm that the loans to both PBP (Michael James) and Brett Warburton have been extended on better terms for the club.

'I was also able to reschedule and reduce a number of other club liabilities which in all have reduced future costs and liabilities by circa £1.5million.'

 

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https://hienalouca.com/2018/09/12/bolton-wanderers-escape-administration-crisis-after-paying-off-debts-and-reducing-future-costs/
Main photo article Bolton have avoided administration after agreeing a deal to pay off their main creditor, chairman Ken Anderson has announced.
Anderson had warned the Championship club faced administration after an initial offer to repay BluMarble Capital Ltd was rejected.
But he issued a statement on Wednesday...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

Dianne Reeves Sport HienaLouca





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