Bolton’s £11 million trail of debts to local companies, charities, other clubs and the taxman

25 July 2019

Bolton
Photo: Getty Images We have tried contacting the administrators but they refused to comment on the situation.

Administrators reveal Bolton made a £4 million loss in 2017/18 and owe unsecured creditors £11 million.

Prospective owner Football Ventures’ bid is worth £24 million - but administrator fees will cost £1 million.

Richard Jolly contact@offthepitch.com

The full scale of Bolton’s debts under Ken Anderson have been revealed by their administrators, who disclosed that Football Ventures, the company trying to buy Wanderers, has made an offer that amounts to £24 million.
 
Bolton, who will begin the League One season with a 12-point deduction after going into administration, owe unsecured creditors more than £11 million.
 

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