Sam Allardyce: Ken Anderson Needs to Sell Bolton

  • September 12, 2018 | By Chris Mann
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Sam Allardyce has paid tribute to the job Phil Parkinson has done as manager of Bolton Wanderers, but believes the time is right for the club to seek new ownership.

Allardyce, who represented Wanderers as a player before returning as manager between 1999 and 2007, is currently out of work after leaving Everton in May.

When asked for his opinion on the current financial situation at the University of Bolton Stadium, the 63-year-old refused to be critical of Ken Anderson but suggested the Trotters would possibly be better in the hands of a new owner who is able to provide adequate funding to take the club to the next level.

"I know Phil and Steve Parkin (assistant manager) extremely well and I've every admiration for what they've achieved at Bolton Wanderers in their period of time there with the unfortunate financial restrictions that are on the club," Allardyce told Sky Sports.

"The best way forward is hopefully for Mr Anderson to find the right buyer because it's clear he is struggling to finance it and somebody can do the finance that Bolton Wanderers deserve to move them on.

"If it gets into administration, I don't see anything other than a black hole - with a two-year transfer ban and a 12-point deduction, which I have to say is a bit ridiculous.

"That won't sort its financial problems out. It will only deepen its financial problems but obviously rules are rules and hopefully it won't get to that."

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