Bolton Wanderers secure deal to enable payment of January wages
- Published
Staff at the Macron Stadium and Bolton's training grounds will be paid their delayed wages
Financially troubled Bolton Wanderers will pay staff their January wages, the Championship side
Bolton said on Friday they had obtained a High Court validation order enabling the sale of land near the stadium to an adjacent retail park.
Trotters boss Neil Lennon had earlier said coaches were using their own money to help pay administrative staff.
About 300 staff based at Bolton's Macron Stadium and their two training grounds had not been paid this month.
"I've got staff who are struggling to make ends meet," said 44-year-old former Celtic manager Lennon.
"That's not a great scenario, so some of us are having a whip-round for a few of them just to keep them on board."
On Monday, Bolton were given until 22 February to resolve issues that led to Revenue and Customs bringing a winding-up petition.
The Trotters are 拢172.9m in debt, owe HMRC 拢2.2m and did not pay their players on time in November.
Financial advisor Trevor Birch is trying to negotiate the sale of the club from owner Eddie Davies.
The club added that they would provide an update on the land transaction on Monday.
- Published22 January 2016
- Published22 January 2016
- Published18 January 2016
- Published20 June 2016
- Published7 June 2019
