Bolton owner pledges first profit in 12 years, amid salary chaos and takeover-talks
7 March 2019
Wanderers will go into the black for the first time since 2006, says owner.
Club failed to pay salaries on time last month, and is on the brink of a takeover.
After years of massive debt and financial trouble, Bolton Wanderers’ accounts will show a small profit for the first time in 12 years, according to the club’s owner and chairman Ken Anderson.
“Indeed, I am pleased to say that the 2018 accounts will show a small profit, which I understand is the first time this has happened since the 2006 accounts were published,” Anderson wrote in a statement released on Bolton’s website.
In the statement, the chairman addressed the issue of the club’s current finances and potential takeover.