The University of Bolton Stadium
THE Wanderers end game must surely be in sight, but what it is?
Scenario 1
Wanderers collapse into administration a week before the winding-up hearing. Then a pre-prepared package "phoenix" company steps in to buy the club at a knock-down price. It will, probably, be run by the usual suspects, but with many of the financial pressures removed.
Scenario 2
Into administration and the club is bought by the people who are currently doing due diligence, but also at a knock-down price. Why would they cough up the asking price now when all they need is a bit of patience?
Twelve-point deduction for going into administration? This is now academic because it will happen anyway.
Richard Davies
Heath Charnock
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