Ken Anderson has mentioned Administration. Damn.
He we are again.
We’re having a good season on the pitch, not only are we winning games, we’re barely letting in a goal, with Zach Clough and Josh Vela coming through the academy and being the standout performers in the team.
Someone has had to press the button at some point, and it seemed to pressed earlier today.
Ken Anderson, he who hasn’t published the accounts, then cancelled the Q&A session with fans, said that we could go into administration in a month.
Not long after the Bolton News started to run with the story, things took a better development and the news didn’t seem quite as crtical.
There seems to be an impasse with the Anderson camp and the Dean Holdsworth cap, with the latter’s influence seemingly declining more and more since the takeover. Initially, it looked to most Holdsworth would be the public face and chairman.
Anderson took those roles.
Holdsworth then stopped being chief executive and became Director of Football, which in all honesty felt like a change in name only, as I would have imagined Holdsworth was initially sticking to footballing matters.
Then Holdsworth was no longer in that role. And now it seems Holdsworth could be gone from the club altogether, with the Bolton News reporting that Anderson has said he has reached a deal to buy Holdworth’s shares, which that camp has yet to confirm.
Anderson’s argument is he needs complete control to get the investment and submit the all-important business plan to the League. There is a meeting on Thursday.
This shouldn’t be anything of a shock. We haven’t spent a penny in transfer fees over the summer, and now new owner was going to be able to stop the club haemorraging cash straightaway. Without investment or a complete restructuring, getting free (of sorts) of Eddie Davies was basically kicking the can down the street.
It could be boardroom tactics, with Anderson threatening to go nuclear if he can’t get Holdsworth out of the way in order to clinch external investment. If it is, it has certainly killed some of the feel-good factor we had started to get back.
In any case, a little wake-up call to everyone that the club hasn’t been magically fixed.