Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Bolton Wanderers FC post losses of £34.5m

Thu 11th Nov 2010 | Money & Finance

Burnden Leisure Plc the operating company of Bolton Wanderers Football Club has released its figures for the financial year ending 30 June, 2010 revealing a loss of £34.5m.

The figures, which were released via the club’s official website showed turnover from football operations had increased to £54.0million, £2.2million higher than 2009 total of £51.8million.

Revenue from broadcasting and related areas increased by 3% to £38.5million.

Overall gate receipts increased year on year from £5.2million in 2009 to £5.4million in 2010 .This reflected the increase in games played at the Reebok with the additional matches coming in the FA Cup.

Income from sponsorship and advertising was boosted by the Club's new main sponsorship agreement with 188BET.

Commenting on the yearly figures, Chief Executive Allan Duckworth said: "It has and continues to be an extremely difficult and challenging economic environment, which has impacted significantly on the business. Added to which, the football club has undergone an extended period of transition with the costs associated with that.

"We are now focused on creating stability under Owen Coyle to ensure that we continue to compete at the highest level of English football, as we have been over the last ten years."

Chairman Phil Gartside added: "The past decade has been a fantastic journey for our club. Challenges remain undoubtedly, but there is now a real buzz of excitement and optimism around the club and with our supporters.

"Since returning to the Wanderers, Owen has made significant progress and we will continue to support and assist to achieve the targets we have set out."

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Shrewsbury Town’s Safe Standing Crowdfunding Campaign Success

Tue 17th Oct 2017 | Money & Finance

In an historic achievement, Shrewsbury Town Football Club are one step closer to being the first club in England and Wales to introduce safe standing at their Montgomery Waters Meadow stadium,...

Average Premier League Ticket Costs £32

Fri 13th Oct 2017 | Money & Finance

The average price of watching a Premier League match costs £32 according to research released today. The Premier League, working with professional services company EY, has conducted in-depth...

FC Barcelona to become world’s top earning sports club

Thu 12th Oct 2017 | Money & Finance

FC Barcelona announced on Wednesday the financial reports that it will present at the Club’s Ordinary General Assembly on 21 October, when it will share the annual report with member delegates...

Premier League clubs must sell over 2 million tickets to earn back total transfer spend this season

Thu 5th Oct 2017 | Money & Finance

Each year, the summer transfer window is the most highly awaited time of year for football fans, and clubs alike. It's an opportunity to sign top-quality players to heighten the club's chances of...