Bolton Wanderers reject administration and job loss claims

Image source, Getty Images

Image caption, Bolton were relegated from the Premier League in May 2012

Bolton have rejected claims they are considering administration and that club staff could lose their jobs.

In April, the Wanderers' debt was up to 拢172.9尘 and they currently sit third from bottom of the Championship.

An article in the made the accusations about Bolton's plight.

"Whilst the club acknowledges it is going through a challenging time, there have been no threats to any staff jobs in the immediate future," said a statement on the

"After consistent backing from owner Eddie Davies, the club continues to seek fresh investment in what is a difficult and challenging economic climate."