Bolton Wanderers have reduced their share capital to £17,946,440.

What happened?

The move is seen as a 'tidying up' of the company's share structure. Football Ventures, the club owners, have passed a resolution to simplify several years of incremental share issues.

Why it matters for Bolton Wanderers

This decision could be a precursor to new investment at board level to help fund the club's Championship challenge. More than £60million has been poured into the club at board level since Football Ventures took Bolton out of administration in September 2019.

What comes next?

The reduction in share capital may make it easier to attract new investors. BMLL Limited have increased their stake to become the major shareholder at Wanderers with 49.8 per cent. | Shareholder | Stake | | --- | --- | | BMLL Limited | 49.8% | | Sharon Brittan | 30.1% | | Michael James | 11% | | Nick Luckock | 4.1% |

Wanderers have declined to comment on the matter, but it is understood that no money will be injected into - or leave - the business singularly as a result of this decision. The club's Championship challenge will bring new financial pressures, including increased wage and transfer budgets. Sharon Brittan has stated that her investors may need to find an extra £20m to keep the club in the division.

Fan Engagement

Meanwhile, Wanderers are opening the doors to the FanZone once again to screen England's second World Cup group match against Ghana. A £5 ticket secures entry alongside a free beer or soft drink and free parking. Carrs Pasties are also available to purchase. To book your ticket, visit the main page of the official BWFC website.