Bolton are ruined

[ChesterDave]

http://www.bbc.co.uk/sport/0/football/25559504

Bolton have announced they are £163.8m in debt after parent company Burnden Leisure PLC released its figures for the year ending June 2013 - the club's first season in the Championship.

The group made a loss of £50.7m, which saw net debt rise from £136.5m..

Continued on link.

Surely with debt that high its a matter of when, not if.

[yellowbelly74]

I'm not so sure. Everyone says that football is a business these days. It is a business alright but it's just not like any other business. Some wealthy guy who has been a Bolton fan all his life will buy the club if Burnden Leisure want to sell.

[Red_Polo]

All I want is that it's Gartside's fault.

[Gazzla]

Probably why Gartside was so strongly against relegation and having franchised Premiership teams, if those figures are true they are in serious trouble

[Rich]

Another potential Portsmouth

[Bender]

At least nobody can Blame The Germans this time

[BobTheCharmer]

I don't get how these teams get themselves in such a mess. They still get **** loads of money in parachute payments. Its bizarre.

[Leyton388]

They we're ruined the minute they signed N'gog

[BobTheCharmer]

Seriously though, the model for the majority of teams has to be Southampton. Train your own players and bring them through, topped up with a few quality foreigners. Filling the team with imports will only last so long. I hope they pull through because Bolton wanderers have a terrific history.