By Coral Barry
Bolton have been sold to a consortium for just £7.5 million – and Twitter responded with jokes at the relatively low value of the club.
The struggling Championship club has been bought by a group headed by former Bolton striker Dean Holdsworth to prevent them going into administration.
It follows the High Court’s decision to grant Wanderers until 7 March to settle an unpaid tax and VAT bill.
Paperwork was signed on the takeover agreement, which is subject to Football League ratification, minutes before Monday’s winding-up hearing in London.
Twitter focused on the relatively cut-price valuation of the former Premier league side and made some interesting comparisons.
Manchester United flop Bebe, who cost the club a total of £11.4million in transfer fee and wages before he was sold in 2014, was one that raised a few laughs.
When Bebe was worth more than Bolton wanders 😂😂😂
— Lewis Sartin (@LewisDeverill) February 22, 2016
Andy Carroll was sold for £35m. Bolton Wanderers have been sold for £7.5m. You can have 4.6 Bolton's for 1 Andy Carroll. #bwfc
— Jason (@JasonofSuburbia) February 22, 2016
Not sure which is worse, Bolton being bought for £7.5M or the fact that @ManUtd paid the same for Bebe..
— James Teague (@_JamesTeague) February 22, 2016
People laugh at Bolton being sold for £7.5m, but in fairness I'd take £7.50 from anyone right now to get rid if Morgan and Moxey…
— WolvesDXB 👥 (@WolvesDXB) February 22, 2016
Some people even noticed that Bolton themselves have spent more on players than what they sold for today.
— Sam Eaton (@sameaton12) February 22, 2016
Bolton's record signing was Johan Elmander for £8.2m. He was quite literally valued at more than the entire club is right now.
— Dave (@Davecfc_1905) February 22, 2016
This final tweet has some solid advice for any interested Bolton buyers.
For £7.5m you can buy 394,944 Pie Face games, or you could be the proud owner of Bolton Wanderers. Choice is easy! pic.twitter.com/y4rOJe0ThL
— BargainMax.co.uk (@BargainMax) February 22, 2016