Bolton Wanderers have negotiated an advanced payment from Arsenal for the transfer of Rob Holding, according to reports in The Bolton News.
The cash-strapped club approached the Premier League giants with the request last month, asking whether the Gunners would pay out early on an appearance-related clause inserted into the youngster’s 2016 transfer.
Holding progressed through the ranks at the Macron Stadium having joined the Trotters as a seven-year-old, and spent a single season in the first team before being picked up by Arsenal last summer.
Already a regular at the Emirates Stadium, Holding is doubted as a future England international, and will hope a solid run of appearances in the first team this season will see him considered by England manager Gareth Southgate for a place on the plane to next year’s World Cup in Russia.
Bolton are said to have accepted a slight reduction in the fee in order for the Gunners to pay out early, with a spokesman for the club declaring an ‘excellent working relationship’ between the top flight giants and their Championship counterparts.
A serious gesture of goodwill from Arsenal, many often criticise cash-rich top-flight clubs for failing to support teams in the Football League, but the Gunners have broken the mould to help a team in financial crisis.
The news will surely concern Bolton fans, with the club obviously in a desperate situation if they are being forced to ask for such a deal, but hopefully the sum will tide the Trotters over until their cash flow problems are dealt with.
Manager Phil Parkinson has it all to do if he is to keep the club up with such a limited budget, but having encountered a good run of form prior to the international break, there is a real positive feeling around the squad, as the club prepare for a return to league action this weekend.
Bolton fans, does this news concern you? Or do you feel your club are on the path to financial stability? Have your say below…