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'Supporters and new investors'. Apparently 25% are not BWFC supporters at all.karlypants wrote:Neil Hart labelled the Wanderers Bond “a terrific success” and says the club will benefit from it on and off the pitch.
981 investors decided to partake in the bond scheme, which was launched in May and has generated more than £4.5million in total.
Chief executive Hart hailed the “amazing level of investment” and says it will allow the Whites to carry out “important” work to the stadium and training ground.
The investment will also support the club’s transfer business as Ian Evatt’s side aim to build on their fifth-place finish in League One last season.
“The Bond scheme has been a terrific success and we would like to thank everyone who has taken the opportunity to invest and back the club in this way,” he told the club website.
“To generate just in excess of £4.5million is an amazing level of investment and will allow us to further support the playing side of the club and carry out important infrastructure projects at the stadium and training ground.
“We will provide an update on those works in due course, as well making contact ahead of the new season with all Bondholders to underline the privileges and benefits they will now receive as a result of their commitment.
“We are grateful to so many supporters and new investors for backing the club in this way and joining us on this journey - on and off the pitch - Bolton Wanderers are on.”
Wanderers say the improvements they intend to make across the club are aimed at “aiding playing performance, increasing revenue streams and enhancing supporter experience”.
Investors in the bond scheme will receive a bonus should the club compete in the Championship from the 2024/25 season.
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How will they get their money back with the club losing £millions each year? The Championship is no promised land. The wages/revenue ratio was 108% in the Championship in 2021/22 with losses averaging £15million per club.