Bolton Wanderers have been rocked to their already shaky foundations with news that the PFA loan deal to pay the players wages has been pulled- the Bolton Reporter can reveal.
The development means all of the players’ unpaid wages will have to be paid for in full by Ken Anderson.
Originally, the PFA had agreed to pay a significant proportion of the wages, but changed its mind after spotting an open winding up order against the club. Consequently, lending to Bolton Wanderers became too risky a move.
Despite this, owner Ken Anderson has stated there is no financial problem at the club and they will be able to buy players in January. A strange position to adopt considering they can’t even pay the players’ wages.
If the wages aren’t paid in full by Friday, the players are allowed to terminate their contracts- leaving Anderson 72 hours to sort things out.