Bolton Owner Confirms Renegotiated Rob Holding Deal

  • November 23, 2017 | By Chris Mann
  • URL Short URL: http://b-ac.es/fbe92

Bolton owner Ken Anderson has revealed he struck a deal with Arsenal that saw the club secure an advanced payment for former defender Rob Holding.

Having progressed through the academy ranks at Macron Stadium, Holding joined the Gunners in an initial £2.5million transfer in July 2016, although that figure could eventually rise to as high as £5million due to a number of add-on clauses.

Facing questions from supporters at a Q&A event on Tuesday, which were transcribed by The Bolton News, Anderson admitted his offer of a discounted appearance-based bonus was well received by the Premier League side and the revised arrangement had seen Wanderers receive a short-term financial boost.

"The money for Rob Holding's appearances could have taken one year to come through," Anderson said. "If he isn't playing, it could have taken 10 years.

"It's unlikely to be 10 but it could have been four or five years.

"I took the view that it was better to reach an agreement with Arsenal and bring that forward, do a slight discount on that, and they did.

"There are still monies due from Arsenal and if they sell him we are due a substantial sell-on, but I'm not allowed to go into it because the clubs signed a confidentiality agreement."

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