Bolton Wanderers Football Club can confirm that all members of the playing squad will receive their wages for the month of December.
The club has raised some short-term funds through the sale of property assets, with the Professional Footballers’ Association also agreeing to contribute a significant percentage of the player wage bill for the month.
Trevor Birch, advisor to the owner and board at Bolton Wanderers, continues to advance discussions with a number of parties who are interested in taking over control of the club.
“We’re continuing to work through what is an extremely challenging time for the football club,” Birch updated. “We still have an immediate and critical funding requirement to enable the club to survive and provide a breathing space in the short term to complete a sale of the club.
“The recent sale of some property assets has assisted, together with the support of the PFA, but we need to raise further substantial funds and player sales cannot be ruled out.
“We are still working to the deadline of the winding up hearing on January 18 and unless we are successful in our efforts the club faces a very uncertain future.
“We can also confirm that Terry Robinson is now working with the club in a review of all of the club’s operations.
“We will continue to update everyone as soon as we are able to show further progress. In the meantime the club would like to thank all supporters for their continued and valued support.”