Published on 17 February 2022

We have compiled an analysis of the British Business Bank’s investment in Bolton Wanderers via its ‘Future Fund’.

Many questions remain open, such as how much the general public has invested, what shareholding we own, and what rights and obligations are associated with it.

Some of these points are academic: the original £5 million loan, plus accrued interest, has been converted into worthless, unquoted shares.

Nevertheless the responsible minister should be made to answer.

You can find the full analysis here.