Why Bolton's troubles run deeper than Owen Coyle's management

By Mark Lawrenson

Published 22:59 23/12/11

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Owen Coyle is facing major problems at Bolton – and if they go down it could put the whole club’s future in doubt.

Why on earth is no-one talking about Bolton’s £110million debt? People watched Portsmouth unravel and they’re fighting for their very existence.

Surely it could be just as bad, if not worse, for Bolton. It will be one hell of a struggle to stay up because, compared to last season, they have lost Daniel ­Sturridge, Johan Elmander and the injured Stuart Holden.

Veteran Kevin Davies has been terrific but his powers are waning. Coyle has lost so much attacking talent – and replaced them with David Ngog.

Jussi Jaaskelainen has been one of the most ­consistent keepers but even he can’t go on forever.

If the owners were to lose interest, then who could they sell to recoup £15m or £20m? They can’t even flog Gary Cahill for a big amount anymore.

They turned down big money in the summer and will take a big hit on him in January. They’ll receive around £7m for their star man, which isn’t much, and he’ll be replaced by David Wheater and Zat Knight.

Bolton will do well to survive. And if they drop, they’re heading one way.

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