Anderson: BluMarble Talks to Blame for Bonus Delays

  • July 02, 2017 | By Chris Mann
  • URL Short URL: http://b-ac.es/c815e

Ken Anderson says ongoing uncertainty over Dean Holdsworth's share of Bolton was the key reason promotion bonuses weren't paid.

Reports surfaced on Saturday morning that players had yet to receive collective payments amounting to more than £500,000, brought on as a result of Wanderers' promotion to the Championship, whilst some players who ended the campaign out on loan may not have received a monthly salary at all.

Dean Moxey, who last week completed a return to hometown club Exeter City, expressed his frustration at the situation, labelling it a 'joke', prompting a response from the chairman's son, Lee, in which he claimed the left-back had been paid handsomely over the last 12 months.

Doubts over whether a £12,000 figure branded by the football agent related to Moxey's weekly salary or average total per appearance - lowering that to £5,000-per-week - prompted a question of clarity from Burnden Aces, but a defensive stance taken by Anderson failed to answer or clear the confusion.

That was followed by a statement from his father, and Wanderers co-owner, on Sunday, in which he says discussions between himself, Holdsworth and BluMarble Capital Limited over an unpaid loan taken by Sports Shield BWFC continue, with a lack of an agreement making him cautious over his supposed sole-funding of the club.

Released at bwfc.co.uk, the statement read: "It is frustrating to report that discussions between BluMarble and Dean Holdsworth are still unfortunately ongoing.

"I had hoped that this situation would have been resolved a long time ago, but hopefully a resolution will be achieved this week before the next WUP hearing between Sports Shield and BluMarble that is listed for July 10.

"I have made offers to both parties and I am optimistic that they will be acceptable, meaning that hopefully the matters will both be resolved this week. As always, l will keep you abreast of what is happening.

"This lack of a resolution was the main reason why the bonuses owed to the players were not paid on time as I was reluctant to continue to solely fund the club with still no certainty of an agreement being reached with both parties.

"However, as I have solely funded the club with substantial amounts during these ongoing discussions over the last few months, I have agreed to continue to do so for the time being, in the hope that an agreement will be reached with both parties in the short term.

"Accordingly, the players will be paid the outstanding monies this week.

"Going forward, I will be looking at how and when bonuses are paid in the future as the timing has an adverse affect on our cash flow as we are paying out the bonuses before we have received any monies from the EFL and at a time when little or no funds are being generated.

"You can imagine the problem it would cause if we were fortunate enough to be promoted to the Premier League this season where bonuses at most clubs run into millions.

"I have to say I thought the comments on social media from Dean Moxey were disappointing and unnecessary, particularly from a player who has been paid handsomely based on the number of games he started last season.

"In my opinion, it would have been better to have kept the matter private. As far, as I am aware, the salaries have not been paid late every month as he has stated.

"As regards the tweet posted by Lee, he did this with my full backing and once Dean went public, I see no reason why Lee should not respond.

"After all, Dean's and the other players' salaries have effectively been paid through the financial support of Lee and his family.

"All in all, it would have been better to have remained a private matter but Dean chose to go public and Lee responded accordingly.

"Lee has feelings as well and I can assure you he is very passionate about the club and gets extremely upset when anyone criticises it or me.

"That said, the players are entitled to be paid and on time and at the present time that will only happen because of the financial support of myself.

"Going forward, hopefully the club will become financially sustainable and not have to rely on funding from its shareholders. That has been my target from the outset and continues to be my aim."

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