Club statement surrounding The Football League's Financial Fair Play regulations
Bolton Wanderers can announce that due to the on-going situation off-the-field that the club were not able to submit a Financial Fair Play return to The Football League for the 2014/15 season.
As a result, the club will not be permitted to sign any players until it has complied with its obligations under the Championship’s Financial Fair Play regulations.
Bolton Wanderers Finance Director Anthony Massey said: “The club were unable to submit an FFP return to The Football League. The board have been unable to sign off the annual report and accounts for the financial year ending 30 June 2015 during the current financial difficulties the club are experiencing.
“This is especially disappointing as, based on our draft financial results for the year ended 30 June 2015, we believe we would have achieved FFP.
“Until both the short and longer term funding issues the club are currently facing are resolved, the directors will not be in a position to sign the accounts.”
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