Bolton announce £13.91m loss in latest accounts
Bolton Wanderers have reported operating losses of £13.91 million for the 2024/25 financial year, highlighting the cost of missing out on promotion and continued investment in the playing squad.
The accounts show losses rising from £9.78m the previous year, with the club continuing to rely heavily on shareholder funding. Turnover dropped slightly while wage costs increased significantly, with wages now representing 98.8 percent of turnover.
The club said the losses reflected a deliberate strategy to invest in the squad, stadium infrastructure and operations, with shareholder backing allowing them to continue spending despite the financial losses.
“The 2024/25 season on the pitch didn’t go the way any of us wanted, but I look at these accounts and I see a club that has been consistently invested in, year after year, by shareholders who are fully committed to Bolton Wanderers.”
Financial figures like this are becoming increasingly common in League One, where clubs spend heavily to chase promotion, knowing the Championship offers significantly higher revenues.