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pureclaret
01-04-2015, 08:23 AM
Not seen any post re sky news about Bolton.
Looks as though the accountants have found £41 million so now losses just over £9 million.
Wonder if Burnley should use these accountants we might find extra £150 million.

Other side of story is how the f_ do you misplace £41 million

ClaretTony2014
01-04-2015, 08:35 AM
They've just announced their 2013/14 accounts and have reported via their web site.



Net loss improved by £41.6million, down to £9.1million year on year, largely due to the prior year including a number of one-off exceptional items relating to balance sheet impairments and other accounting adjustments.

The year also saw staff costs reduced by £9million, primarily as a result of a number of players leaving the football club and making significant changes to overheads.

Bolton Whites Hotel became wholly owned by Bolton Wanderers Football Club, after previously being held in a joint venture with DeVere Venues.

The hotel continues to build on its reputations for quality and service as a major regional venue for conferences and banquets.

Chairman Phil Gartside said: “There’s no doubting that the transition to the Football League, following a sustained period in the Premier League, has been a challenging one.

“Eddie Davies continues to provide a humbling level of support to the footbal

RMutt
01-04-2015, 09:02 AM
Yes, April fool. We all know that really, them along with QPR, Leicester and a host of others are all going to get hit by the Financial Fair Play squad. Oh hang on...

pureclaret
01-04-2015, 10:34 AM
Well done Tony I thought you would know the answers.
Just a thought does the Kirby hotel fit in with the statement about Boltons.?
The hotel continues to build on its reputations for quality and service as a major regional venue for conferences and banquets.
Could add more money for the squad.