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Not sure whether he wrote a lot of it off. But yes, they were living behind their means when doing well under Allardyce.As soon as he left the financial pressure on their position told.
Wrote off £175m, they'd have probably died years ago without it.http://www.bbc.co.uk/sport/football/45586738Amazing the stick Redknapp gets for overspending yet Allardyce is seen as some kind of footballing genius in those parts. Bet he got a few back handers back then.
Same guy that ran Watford a few years back and almost ruined them, seems to be a bit of a chancer
The Bolton players have not been paid for 20 week meanwhile top flight football around Europe has gone to insania.https://www.theguardian.com/football/2019/jul/17/bolton-players-stress-not-paidGrim
Am I right in thinking that we leant a fair amount of money to help some Bolton staff get paid?
In his defence I donít remember Bolton paying big fees. God only knows how they ran up such debts
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