Finance

‘Bolton have been sold for £4million less than Bebe’ - Twitter reacts to cut-price deal

Wayne Veysey
Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

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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.

Some people even noticed that Bolton themselves have spent more on players than what they sold for today.

This final tweet has some solid advice for any interested Bolton buyers.

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