Bolton pull back from the brink
– Bolton Wanderers have avoided administration after agreeing a deal to pay off their main creditor, club owner Ken Anderson said this week.
Anderson warned on Monday the Championship outfit was facing the prospect of insolvency and a points penalty after an initial offer to repay the company was turned down.
However, Anderson confirmed an agreement was reached and the club now has one of the lowest debt
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positions in the second division.
“Following on from all the speculation, I am pleased to confirm that the loan from BluMarble Capital Ltd has been repaid,” Anderson told the club’s website.
“I am also pleased to be able to confirm that the loans to both PBP (Michael James) and Brett Warburton have been extended on better terms for the club and I am extremely grateful for the continued support, help and assistance of Michael
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England manager Gareth Southgate believes Marcus Rashford should be given time to flourish despite clamour for the Manchester United forward to be given more minutes at club level. Rashford was one of few bright sparks for Southgate, scoring both England’s goals in a 2-1 defeat to Spain and 1-0 victory over Switzerland in the past week. However, he has struggled to hold down a regular firstteam place under Jose Mourinho at Old Trafford and will be suspended for United’s next three domestic games after being sent off at Burnley before the international and Brett.
“I believe the club now has one of the lowest debt positions in the Championship. I am also pleased to confirm that the club did not go into administration and there are no points deductions or embargo implications.”
Bolton, who narrowly avoided relegation from the second-tier last season, have made a good start to the new campaign and are eighth with 11 points from six matches. – Reuters break.
Southgate, though, used the example of England captain Harry Kane and Cristiano Ronaldo to show that at just 20, Rashford has plenty of time on his side.
“We have to remember that Harry, at that age, had hardly played anywhere near the same number of matches for Spurs,” said Southgate.
“Even with some of the stepovers and things Ronaldo was doing at that age he wasn’t converting them into the number of goals.
“So we have to give him time to develop. He has still played a lot of football, although maybe not continuous starts, and I’m really pleased for him that he leaves us full of confidence.”
Southgate has raised concerns over the lack of opportunities afforded to English players in the Premier League, making the pool he has to select from ever shallower.
Yet, he refused to criticise any of the top six managers, all of whom are foreign, for putting their own interests first.
“It’s not my business to interfere with club managers. They have a difficult job to do and they have big squads at the top six, with huge competition for places.
“Jose thinks the world of Marcus. He’s a huge admirer of him, but he has got his job to do. There is huge competition for places at his club so you can understand that.”
Ruben Loftus-Cheek is another of England’s squad that advanced to the semifinals of the World Cup struggling for minutes at Chelsea.
The midfielder made his first start of the season against Switzerland having previously just come off the bench twice for Maurizio Sarri’s men.
“Right now I am at Chelsea and my focus is at Chelsea,” said Loftus-Cheek. –