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Bolton Wanderers' parent sees losses rise to £13m

3rd November 2009

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THE parent company of Premier League football club Bolton Wanderers has seen losses rise from £8m to £13m, but says its finances are stable thanks to the support of owner Eddie Davies.Allan Duckworth, chief executive of Burnden Leisure, which has debts of £64m, said the business was looking at options to refinance, with Mr Davies fully supportive for the long term..The accounts show that one of Isle of Man-based Mr Davies' businesses, Moonshift Investments, has lent Burnden £23m, and funds the company's day ......for the full story register now for free or login below...


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