FEARS over the financial stability of Bolton Wanderers have been raised again as the publication of the club’s accounts spilled over into a bitter boardroom row.
Auditors Deloitte predicted continued annual losses of £11m and refused to pass judgement on their ability to meet ongoing costs.
Phil Parkinson’s team currently stands third in the League One table and forecasts made in today’s accounts underline the urgent need for promotion, which would be worth around £5-6m.
It has been revealed a £5.5million loan from Prescot Business Park Ltd was due last month.
And the uncertainty has been magnified by a feud between co-owners Ken Anderson and Dean Holdsworth, which has spilled over into the public domain.
Both men traded statements today and are now threatening legal action against the other.
Holdsworth described Anderson’s allegations as “false and defamatory” and has vowed to take his argument to the Football League.
At the heart of the dispute is a high interest loan secured by Holdsworth’s Sports Shield company from BluMarble finance, which funded their takeover in March.
Anderson maintains that the amount loaned was £4million but that guarantees were supplied for £5m, while Holdsworth maintains the £5m was loaned in full, with £4m going into the club itself and £1m used to pay-off fees associated with the takeover.
Holdsworth says the terms were agreed in a Share Purchase Order signed in March, with a second SPA signed in May which “enriched” Anderson’s position as chairman and gave him the deciding vote in the boardroom.
Anderson admits there is a threat to the club if the finance company opts to call-in the debt, which had been due to be paid by March 26 this year but is now due in March, 2018. He has also pledged to take his argument to the court.
He said that there had been a failure to inform them that the loan obtained from BluMarble to Sports Shield on or about March 10, 2016, was repayable on March 26, 2016, only 16 days later.
He added that he believed that had subsequently changed to April 24, 2016, at an interest rate of 30 per cent, per annum.
He said that he did not know at the time about a subsequent side letter that he said had been signed with BluMarble.
Holdsworth responded in a statement to The Bolton News this afternoon.
It reads: “It is wrong of Ken Anderson to use the club’s website as his private mouthpiece to publish false and defamatory allegations about me.
“WI will not dignify his absurd accusations with a response in public. I am seeking legal advice on my options and am considering complaining to the Football League about Ken’s behaviour which is undoubtedly damaging the image and integrity of the club and the league.”
The accounts showed Anderson has committed £3.5m in interest free funding since the takeover but has also withdrawn exactly the same amount – leaving his net spend at zero.
Another major detail to emerge included the fact Wanderers received £5,350,000 in player sales – the majority of which came from Rob Holding, who moved to Arsenal in the summer, and Zach Clough, who signed on January 31 for Nottingham Forest.
The Bolton Wanderers Supporters’ Trust voiced their concern at today’s events and announced they would be meeting with chairman Anderson next Tuesday to put them to him in person.
“Whilst we are currently examining accounts and will make comments to our members as soon as possible, we are shocked and dismayed at the club owners’ public statements over the last 48 hours.
“This open conflict can only result in placing the club in a more precarious position than currently exists.
“We have a pre-arranged meeting with Mr Anderson on February 14 at which we hope to be able to obtain some further clarification on matters. We can make no further comment at this stage.”
EFL Clubs have today been notified of the fines issued for rule breaches in Round One of this season’s Checkatrade Trophy.
All of the offences punished were due to a failure to meet competition rule 7.3 of fielding a full strength team in and during all matches. The EFL did take into account a number of mitigating factors and also considered transgressions that were not within the spirit of the rules.
The ‘full strength’ policy for the season 2016/17 competition was five of the starting line-up must have started the previous or following game (a reduction from six in season 2015/16) or five of the starting 11 who have made the most starting appearances in League and domestic Cup competitions fixtures during the current season.
Invited category 1 Clubs were asked to follow a different set of criteria with 6 of the starting 11 required to be under-21 as of June 30, 2016. None of the invited clubs failed to comply.
The clubs penalised were:
Luton Town - £15,000 (£5,000 per match) Portsmouth - £15,000 (£5,000 per match) Bradford City - £3,000 Blackpool - £3,000 Bristol Rovers - £3,000 Milton Keynes Dons - £3,000 Millwall - £3,000 Charlton Athletic - £3,000 Peterborough United - £3,000 Sheffield United - £3,000 Southend United - £3,000 Fleetwood Town - £5,000
The 12 Clubs fined have the right to appeal to the EFL Board. The remaining 36 clubs complied fully with rules.
All 32 clubs still involved in the competition will be subject to the relevant selection eligibility criteria as per the 2016/17 rules.
It's also on Amazon and in the Soccer Books (Cleethorpes) catalogue
The three other volumes are available on the web sites main page
ROCHDALE AFC WHO’S WHO 1999-2016 By Steven Phillipps ISBN 978-1-911376-01-9 Mid-sized paperback, illustrated Biographies and career details of the players used by the club from 1999 to 2016. The author’s trawl through the career records of every player to have worn the Dale shirt has come to a conclusion at the end of the 2015-16 season. Volume 4 is written to the same level of detail as the previous three volumes and includes a 30 page section on the club’s recent history. It is an illustrated with photographs of nearly every player.
The book is a mid-sized sized paperback book of 154 pages. The price is £12. Copies are available from sports booksellers and by post from Tony Brown. If ordering by post, please send a cheque or postal order for £14 (which includes £2 for UK postage and packing) payable to Tony Brown, to 4 Adrian Close, Toton, Nottingham NG9 6FL. Alternatively, use the Paypal 'Buy Now' buttons below.
For those Dale fans who don't have any of the previous three volumes (with Dale footballers they possibly never saw) this is surely a MUST buy with all our recent and current players in the book
I personally cannot thank Steven enough for devoting so much time and effort on the club's history - few other clubs can compare with what we have
According to the latest weather forecast "The real cold snap will begin on Friday when experts say temperatures could plunge to -10C"
Hopefully we will have the covers in the coming nights but if it is anywhere near -10C I doubt we will have any chance of playing. With the distance Milwall and their fans have to travel an early inspection will surely be made if the weather is so cold
Former England international and coach Don Howe has died at the age of 80.
The full-back played for West Brom and Arsenal, earning 23 England caps, before establishing himself as a renowned coach for club and country.
Howe helped Arsenal to a league and FA Cup double in 1971 and spent four years as West Brom boss before returning to the Gunners as coach and manager.
He also coached under former England managers Ron Greenwood, Sir Bobby Robson and Terry Venables. 'One of the greatest ever coaches'
Arsenal chairman Sir Chips Keswick said: "We were aware Don had been enduring a long battle with illness, but it was still a shock to learn the news about someone who was loved by so many people at the club."
Former Gunners goalkeeper Bob Wilson said Howe was "a fine player but truly he was one of the greatest ever coaches in football".
FA chairman Greg Dyke described his death as a "great loss for English football".
Dyke added: "He is widely regarded as being in the vanguard of coaching in England, and I know that his loss will be keenly felt amongst the coaching fraternity in particular and not least by [current England boss] Roy Hodgson, who was close to Don.
"For his country, he not only appeared in [the 1958] World Cup, but he was instrumental in both Sir Bobby Robson's management team for Italia 90, and Euro 96 where he assisted Terry Venables.
"Even in his latter years I understand he continued to pass on his knowledge and advice to aspiring young coaches."
Now available at £12.00 plus £1.50 postage. If this isn't a bargain I don't know what is. A must for all Dale supporters!!!!
We really are very lucky to have someone like Steven bringing out all his books on the Dale. His research is superb to put it mildy. Many "larger" clubs in the Football League have nothing to compare with what we have on our history and players Who's Who
on the right hand side of the page are 'Recent Titles'
The book is the third one down (with the previous Who's Who book below it if you haven't got it and want to buy it at the same time)
Click on the "book" and you will see the paypal button (and cheque or postal order details) and further details as below
ROCHDALE AFC WHO'S WHO 1973-1999 By Steven Phillipps ISBN 978-1-905891-83-2 Price: £12.00 Mid-sized paperback, illustrated Biographies and career details of the players used by the club from 1973 to 1999. Earlier seasons are covered in two other volumes, details of which will be found elsewhere on this web site. The author has again delved deeper into the players' career records than many authors of similar works, and has included school and junior clubs when known. The book is illustrated with many player photographs, some never published before.
The book is a mid-sized sized paperback book of 136 pages. The price is £12.00 Copies are available from sports booksellers and by post from Tony Brown. If ordering by post, please send a cheque or postal order for £13.50 (which includes £1.50 for UK postage and packing) payable to Tony Brown, to 4 Adrian Close, Toton, Nottingham NG9 6FL.
Alternatively, use the Paypal 'Buy Now' buttons below.
League One & Two Clubs Not Permitted To Use Artificial Pitches
At an EGM at Derby County, proposals for clubs to be permitted to use artificial playing surfaces for matches in Sky Bet League One and Sky Bet League Two from the beginning of the 2015/16 season have not been approved following an unprecedented tied vote by Football League clubs.
Thirty-four clubs voted in favour of the proposals with thirty-four against and four abstentions.
The Football League's Chief Executive, Shaun Harvey, said: "This vote is reflective of the fact that this issue divides opinion amongst clubs as much as it does across the football public.
"While the outcome is different to previous indicative votes, it demonstrates that there is still a desire amongst clubs to find out more about artificial playing surfaces before taking such a significant step.”
Tony Brown, 4 Adrian Close, Toton, Nottingham, NG9 6FL tel 0115 973 6086 e-mail email@example.com web www.soccerdata.com
Cost is £12.50 plus £1.50 postage
146 pages and loads of individual photos plus team photos for 1949, 1959, 1961/2, 1966/7, 1971/2
The front cover includes a team photo on a 'cold day' in January 1962 (snow on the ground!!)
Those who of us who have bought Stephen's previous books on Dale will know what an amazing amount of research he puts in - we really are fortunate as so many other league clubs get little of their history published
In this period our greatest player Reg Jenkins played for Dale and Fred Radcliffe arrived at Spotland (the Football League's youngest chairman) and appointed Harry Catterick (later Everton) as one of our managers
Our penultimate game of the 1971/72 season was away to promoted Brighton and watched by over 34000 (Nine days later at Spotland against Port Vale, for our final game, the crowd was 2475 !!)
The book really is great value for money and anybody who follows the Dale and takes an interest in its history and our ex-players should buy a copy
Volume 1 which covers the period 1907 to 1939 is still available from Tony Brown at the same price
Hopefully Steven is already working on the period 1973 onwards as I for one cannot wait for it to be published
Here are some estimates of the budgets for each L2 club this season from various websites and forums. Some obviously won't be right but most should be roughly in the correct region and gives a rough comparison of what we have been up against money wise
It shows what an incredible 'achievement' Hilly, the players, the rest of the staff and the board have done in getting automatic promotion (Accrington Stanley have also performed miracles on their budget)
1. Fleetwood Town £2.1m 2. Chesterfield £1.5m = Southend United £1.5m = Bristol Rovers £1.5m 5. Mansfield Town £1.4m = Plymouth Argyle £1.4m = Newport County £1.4m 8. Hartlepool United £1.3m = Oxford United £1.3m = Northampton Town £1.3m = Portsmouth £1.3m = Scunthorpe United £1.3m = Wycombe Wanderers £1.3m 14. York City £1.25m 15. Cheltenham Town £1.2m 16. Burton Albion £1.1m = Rochdale £1.1m = Torquay United £1.1m 19. AFC Wimbledon £1.07m 20. Bury £900,000+ 21. Dagenham and Redbridge £800,000 = Exeter City £800,000 = Morecambe £800,000 24. Accrington Stanley £500,000
Rochdale are a top side in the division. We matched them for more than a half. We were unlucky not to get a goal. The disappointing thing is how we just gave up after their first
A well organised team who closed us down in possession, passed it well, broke at speed and had a league best goal scorer beat us as most bookies predicted. We did not do any of these things and so going in at half time without a goal meant we would get slaughtered second half
Personally I thought we were matching them which given they're high up in the table, was fine. Lucky couple of ricochets by the looks of it for the first goal, francomb fouled on the second, third was just atrocious defending but a great finish
Well that was utterly appalling. Clueless, spineless, gutless performance. Rochdale thoroughly deserved their win. Hogan's finishing was sublime. They showed passion, skill, and a real determination to win by playing some decent football. All credit to them. We were completely the opposite. No wit, no passion, no skill, no real desire. It was shocking to watch. Not a single player had a decent game. Fact is we had no midfield to speak of. We were just absent in the middle of the field, and every time we had the ball there it was nicked off us by harrying, in your face Rochdale midfielders.
Rochdale may be in the top few but they were absolutely woeful till they scored, then quite good after that, amazing how significant the sitter Wyke and Hylton contrived to mess up
I cannot believe I am reading someone say "Donnelly only disappointment assist aside lots of running about with no end result"
We all know his strengths and weaknesses
Give the lad a break for god's sake
What 'end result' are you expecting when our tactics were to play him upfront all on his own especially in the first half after we went one up.
When he did get the ball (after chasing a long ball and more often than not and having more than one defender around him) there was nobody to for him to give it to. His ball to put Jamie Allen in for the first goal was superb
Our tactics and team selection were done in mind with our large number of games coming up in the next 2-3 weeks
We win 3-0 (an ugly win to my mind which will do very nicely against teams such as Plymouth) and people still moan about Donnelly !!!!
PLEASE NOTE THAT THIS MATCH HAS BEEN DESIGNATED AN ALL TICKET MATCH.
LEEDS UNITED SUPPORTERS WILL BE ACCOMODATED IN THE WILLBUTTS LANE STAND AT SPOTLAND STADIUM.
ROCHDALE AFC NORMAL LEAGUE MATCH PRICES WILL APPLY TO THIS MATCH. (SEE BELOW)
ROCHDALE SEASON TICKET HOLDERS
ROCHDALE SEASON TICKET HOLDERS WILL HAVE PRIORITY PURCHASE FOR TICKETS FOR THIS MATCH AND THEY CAN CLAIM THEIR OWN SEAT BY PRODUCING VOUCHER A FROM THE BACK OF THEIR SEASON TICKET BOOKS. SEASON TICKET HOLDERS WILL ALSO BE ABLE TO PURCHASE A MAXIMUM OF TWO ADDITIONAL TICKETS IN ADDITION TO THEIR OWN PROVIDING THESE ARE ALL PURCHASED AT THE SAME TIME WHEN REDEEMING VOUCHER A. WHILST WE CAN GUARANTEE THAT A SEASON TICKET HOLDER CAN HAVE THEIR OWN SEAT, IT SHOULD BE NOTED THOUGH THAT WE CANNOT GUARANTEE THAT ANY ADDITIONAL TICKETS PURCHASED WILL BE NEXT TO THE SEASON TICKET HOLDERS OWN SEAT. TICKET SALES FOR SEASON TICKET HOLDERS ONLY WILL COMMENCE AT 9am ON FRIDAY 13th DECEMBER 2013.
SEASON TICKET HOLDERS HAVE UP TO AND INCLUDING SATURDAY 21st DECEMBER 2013 TO CLAIM THEIR SEAT AND TICKETS.
PRIORITY VOUCHER HOLDERS
ROCHDALE FOOTBALL CLUB WILL BE ISSUING A SPECIAL FA CUP VOUCHER IN ALL HOME AREAS OF THE GROUND AT THEIR SKY BET LEAGUE TWO MATCH AGAINST FLEETWOOD TOWN ON SATURDAY 14th DECEMBER 2013. ALL NON SEASON TICKET HOLDERS WILL BE ISSUED WITH THE PRIORITY VOUCHER AT THE TURNSTILE, THIS VOUCHER WILL ONLY BE AVAILABLE AS YOU ENTER THE TURNSTILE FOR THE GAME AGAINST FLEETWOOD TOWN.
PRIORITY VOUCHER HOLDERS WILL HAVE PRIORITY PURCHASE FOR THIS MATCH AND WILL HAVE UP TO AND INCLUDING SATURDAY 21st DECEMBER 2013 TO USE THEIR PRIORITY VOUCHER, EACH VOUCHER WILL ENTITLE THE HOLDER TO PURCHASE ONE TICKET FOR THIS MATCH.
TICKET SALES ON SATURDAY 14th DECEMBER 2013
THE ROCHDALE TICKET OFFICE WILL SELL FA CUP TICKETS TO SEASON TICKET HOLDERS ONLY BEFORE THE FLEETWOOD TOWN MATCH ON SATURDAY 14th DECEMBER UP TO 2PM. THE TICKET OFFICE WILL THEN BE OPEN AFTER THE MATCH AND WILL SELL TICKETS TO SEASON TICKET HOLDERS ONLY.
THE CLUB SHOP WILL BE OPEN AFTER THE FLEETWOOD TOWN MATCH ON SATURDAY 14th DECEMBER 2013 TO SELL TICKETS FOR THE FA CUP MATCH TO PRIORITY VOUCHER HOLDERS ONLY.
SATURDAY 14th DECEMBER 2013 AFTER MATCH SALES, TICKET OFFICE IS SEASON TICKET HOLDERS ONLY, THE SHOP IS VOUCHER HOLDERS ONLY.
THE ROCHDALE TICKET OFFICE TICKET OFFICE IS NORMALLY OPEN FROM 9am TO 5pm FROM MONDAY TO FRIDAY AND ON MATCH DAYS. OPENING TIMES WILL VERY OVER THE CHRISTMAS & NEW YEAR PERIOD AND A FULL LIST IS AVAILABLE ON THE CLUB WEBSITE, ADDITIONAL OPENING HOURS HAVE BEEN ARRANGED SPECIALLY TO ASSIST SUPPORTERS WITH THE PURCHASE OF TICKETS FOR THIS MATCH.
DALE TRUST & EXILED MEMBERS
MEMBERS OF THE DALE TRUST AND EXILED MEMBERS WILL HAVE PRIORITY PURCHASE DURING THE PERIOD FROM 9am ON MONDAY 16th DECEMBER 2013 UP TO AND INCLUDING 4pm ON SATURDAY 21st DECEMBER 2013. EACH MEMBER WILL BE ENTITLED TO PURCHASE ONE TICKET, EITHER IN PERSON, BY TELEPHONE OR BY POSTAL APPLICATION, WHEN BUYING IN PERSON PLEASE BRING YOUR MEMBERSHIP CARD WITH YOU, TELEPHONE AND POSTAL APPLICATIONS WILL BE CHECKED WITH MEMBERSHIP DETAILS.
GENERAL SALE – OTHER INFORMATION
THE PRIORITY PURCHASE PERIOD FOR SEASON TICKET HOLDERS/VOUCHER HOLDERS/DALE TRUST/EXILED MEMBERS WILL END AT 4pm ON SATURDAY 21st DECEMBER 2013, SEASON TICKETS RESERVATIONS WILL BE REMOVED AT THIS TIME.
FROM MONDAY 23rd DECEMBER ANY REMAINING TICKETS IN HOME AREAS WILL GO ON OPEN SALE.
ALL SUPPORTERS MUST SIT IN THE SEAT ALLOCATED TO THEM, FAILURE TO COMPLY MAY RESULT IN EJECTION.
THERE WILL NOT BE ANY ON-LINE TICKET SALES FOR THIS MATCH. TELEPHONE BOOKINGS WILL BE TAKEN OVER THE PHONE FROM FRIDAY 27th DECEMBER 2013. SEASON TICKET & PRIORITY VOUCHER HOLDERS MAY SUBMIT THEIR VOUCHERS BY POST WITH CHEQUES MADE PAYABLE TO ROCHDALE AFC, TICKETS ORDERED OVER THE TELEPHONE OR BY POST WILL NOT BE POSTED OUT BUT CAN BE COLLECTED ON MATCH DAY.