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.
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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
https://twitter.com/kristhomson1990/status/701780781887262720
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
https://twitter.com/SocialTweetDB/status/701749953794859013
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
https://twitter.com/tomhewitt123/status/701773901249044482
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.
Bolton Wanderers have been sold for less than they paid for David N'Gog and El Hadji Diouf combined #Goodbusiness pic.twitter.com/AUnHOqf3D0
— 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