Football finance expert Kieran Maguire believes Bolton Wanderers' latest accounts look an 'okay set' but believes the club will need to continue to need funding from its owners and shareholders for the meantime before it can become sustainable in the future.
The accounts for the year ending June 30 2021 for Football Ventures (Whites) Ltd, the club's parent company, were published earlier this week. It shows an operating loss for the period of £517,393, a big reduction compared to nearly £3.5m reported for the previous 12 months at Wanderers.
In terms of the financial year for the 12 months, a pre-tax loss of £1.468m was reported. However, this is a fall from the loss reported in the same set of figures for the 12 months up until the end of June 2020 which was £3.85m.
