Bolton boss Megson admits concerns over financial losses

Bolton Wanderers boss Gary Megson admits the club's announcement of financial losses is a concern.

Megson admitted that the news that the club's parent company had made a loss over the last financial year was concerning.

"You don't want to see your company losing money. I don't get involved with it at all, but if the club is losing money, then it's not a nice thing to see," he said.

Asked whether he had spoken to the chairman about the implications for the club's transfer budget, Megson said: "No, because everyone is trying to achieve the same things at the football club - we want the results on the pitch and we would like the results off the pitch to go hand in hand with that.

"I know that the training ground is a lot cheaper to run than it ever has been, and I know how much there is in terms of transfers coming in and transfers going out and how much we've spent.

"I don't know the whole gamut of what goes on at Bolton and it's not my job to know.

"But I do know that on the football side of it, we have taken a side from the bottom of the table to mid-table and not spent a huge amount of money."