Bolton Wanderers Football Club wishes to express its disappointment and concern regarding an article published in The Bolton News on Wednesday 23 April in which it is alleged that the club paid a substantial fine to HMRC after wrongly reclaiming VAT.
This is categorically not the case as no fine was threatened or imposed on the club by HMRC. A payment was made pursuant to a commercial settlement reached with HMRC as the result of a football industry-wide enquiry into the tax treatment of agents' fees involving all Premier League clubs.
Our legal advisers have notified The Bolton News of the club's dissatisfaction with the misleading and inflammatory way in which this point has been reported. We note that The Bolton News has belatedly corrected its online publication of this story.
The club will be making no further comment at this time.