Bolton Wanderers has reported increased revenues in the financial year ending June 2023.
Consolidated group turnover (through parent company Football Ventures (Whites) Limited) has seen revenue increase from £13.8m to £19.4m in the year ending June 2023, owing to increased season ticket and match by match sales, the doubling of sponsorship and advertising revenue, successful trading at Bolton Stadium Hotel, increased retail and merchandising sales and elevated matchday numbers across all hospitality suites.
In addition, operating losses are down on the previous year from £5.7m to £5.2m.
There was significant shareholder investment during the year, as well as an additional £4.3m raised via the Wanderers Bond to strengthen the playing squad and contribute to stadium and training ground upgrades.
Sharon Brittan, Chairman of Bolton Wanderers said: “The 2022/23 season proved progressive both on and off the pitch, as a playoff place finish along with increased revenue further strengthened the club’s financial foundations and future.
“We look forward to the remainder of the 2023/24 season as we continue this exciting journey together.”
The club would like to thank all fans for their outstanding support during the current campaign. With over 16,500 season ticket holders, the Whites have also enjoyed mean average attendances this season of 20,600 at the Toughsheet Community Stadium.
The 2022/23 accounts can be found here.