Bolton Wanderers

Bolton Wanderers finally issue some good financial news

Bolton Wanderers chairman Ken Anderson has told BBC Sport that they are expecting to make a small profit this year.

Anytime money has been mentioned in the same sentence as Bolton, it has usually been bad news. They almost went into administration in 2016 though some how the club managed to get promoted from Sky Bet League One despite those headlines. They were also hit with a winding-up petition last summer ove unpaid taxes and it seemed like those problems still existed this summer when they were forced to cancel a friendly with St Mirren after players went on strike alleging they hadn’t been paid.

But for what must seem like the first time in forever, the club has finally got some good financial news to share. The chairman of the club Ken Anderson has said that they will be making a small profit this year which is great news especially as most clubs in the Sky Bet Championship make huge losses.

He said: “I expect to show this year a profit, albeit a small one, whereas most clubs are out there losing millions of pounds,”

“The position we’re in today is the best position we’ve been in since I came to this club,”

“When I came to his club we were losing £18m a year, we had debts here, there and everywhere. We have gradually managed it, (but) there’s still some way to go.”

“We’ve probably got the least debt in the Championship at the moment.”

“We didn’t spend any money on transfers, we managed our squad, we’ve had to fight some contracts that we had, and we’re still fighting the last one that I hope we’ll eventually settle, but I would say the club is in a far better position today than it was two years ago.”

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