Bolton Wanderers has published its annual accounts for the financial year ended 30 June 2025.
Following the prior year's League One Play-Off Final appearance at Wembley Stadium, the 2024/25 season represented a more challenging campaign. The Club finished eighth in EFL League One and group turnover for the period was £20.5m (2023/24: £21.3m). The reduction reflects the absence of play-off related income that boosted the prior year rather than any decline in the underlying business - professional football income grew to £6.86m (2023/24: £6.62m) and Academy income rose 4.8 per cent to £611,718. Supporter commitment remained strong throughout, with attendance levels holding up across the season.
The financial year saw continued and deliberate investment in the playing squad and stadium infrastructure, resulting in an operating loss of £13.91m (2023/24: £9.78m). The Club's net assets grew to £17.66m (2023/24: £15.82m), with investment both on and off the pitch and the Club's shareholders remain fully committed to its ambitions.
At Group level, the consolidated accounts show net liabilities of £7.06m. During the year, shareholders invested £20.15m into the Group ahead of a formal share issue, but EFL regulatory approval for the allotment had not been obtained by the balance sheet date. The funds were therefore classified as a creditor at year end rather than equity. That approval was received after the year end and shares have since been issued. This is a regulatory timing matter - it has no bearing on the Club's financial stability or the shareholders' commitment to it.
Bolton Wanderers CEO, David Ray, said: "The 2024/25 season on the pitch didn't go the way any of us wanted, but I look at these accounts and I see a club that has been consistently invested in, year after year, by shareholders who are fully committed to Bolton Wanderers.
“It is also important to recognise the contribution of our supporters. Home and away, through a challenging season, you showed up - in growing numbers and with the same passion that has characterised this fanbase. It means a great deal to everyone at this club and it is recognised at the highest level. You deserve the success we are working hard to bring.”