Bolton takeover: Wanderers legend open to boardroom position
25 March 2019
If the right consortium takes over and wants his help, Sam Allardyce is ready to take boardroom post.
Club’s former manager and top player Allardyce rejects managing role.
Debt-ridden Bolton Wanderers were recently granted a reprieve by the High Court after saying new buyers have been lined up to rescue the club, which is in a dire financial situation having failed to pay wages on time in February and owing HMRC £1.2 million. The debt to the UK tax authority was the reason for the case, and the Championship club faced a winding-up order, which could have forced them into liquidation or financial administration.
The club’s financial crisis “depresses” former Bolton player and manager Sam Allardyce, according to an interview with Talksport radio, in which he said he would be interested in a boardroom position to help the club. Allardyce said the club needs the right consortium to take over:
“The first thing is finding a consortium to take over what is a great club, with great facilities and a fantastic stadium. I don’t think I’d ever go back and manage them – I think that’s somebody else’s job now – but in terms of helping out and running it, yes it would interest me,” Allardyce said.
A Bolton legend
Allardyce is something of a Bolton legend. He was the mastermind behind the club’s most successful modern era from 1999 to 2007.
After taking over the management of Bolton Wanderers in 1999, he led the club to promotion out of the First Division in 2001, as well as into a League-Cup final and UEFA-Cup qualification. He ended his Bolton spell in 2007 when he took a new job in Newcastle.
As a player, Allardyce played for Bolton from 1971 to 1980 and again from 1985 to 1986. He made 198 appearances and scored 21 goals.