Owen Coyle forced to halve Bolton wage bill
Thursday 17 May 2012
The Bolton chairman, Phil Gartside, said yesterday that the relegated club would halve their wage bill for next season.
Gartside said he would look towards the academy, as a number of players are set to leave Owen Coyle's squad in the summer. "If you look at our wage bill this year compared to what it was last year, allowing for a couple of people to come in, it will be up to 50 per cent of what we paid out last year," Gartside said.
"That flexibility is essential when you are going to lose £25m of revenue."
Latest in Sport
Lionel Messi vs Cristiano Ronaldo: Compare the Barcelona and Real Madrid players in El Clasico
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo
Tim Sherwood: The mavericks have always needed special handling – but Balotelli is not delivering his side of the bargain for Liverpool
Manchester United vs Chelsea: Modesty of Louis van Gaal makes nice contrast with his old pupil Jose Mourinho
Real Madrid analysis: Toni Kroos control may give extra edge that enables Real Madrid to retain Champions League crown
- 1 Revolutionary lost Caravaggio painting 'Mary Magdalen in Ecstasy' identified
- 2 McKamey Manor: This 'extreme' haunted house is the stuff of nightmares
- 3 Russell Brand says he will 'probably' give up acting to focus on his revolution
- 4 Watch what happened when food critics were unknowingly served McDonald's
- 5 David Beckham's Haig Club whisky is exactly what’s wrong with the Highlands
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Tony Blair 'says Ed Miliband will lose 2015 general election'
Putin: The US is to blame for almost all the world's major conflicts