Bolton

Gary Megson insists Bolton are moving in the right direction, despite the club's parent company reporting a loss over the last financial year. Burnden Leisure announced on Wednesday that losses went up from #8million to #13.2million, even though there was an improvement in turnover by 3% to #51.8million. Megson admitted the news was concerning but said he had not been told there would be any less money to spend on new players as a consequence. "When those reports come out it is nothing to do with us, we don't have an input into it. I don't particularly read it, although I listen to what people tell me," Megson said. "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. 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."