KEN Anderson insists Wanderers’ ‘hard debt’ is under control.

Accounts released yesterday showed nearly £200million was wiped off the books by former owner Eddie Davies.

Concerns have been raised, however, over Wanderers’ ability to meet financial obligations due in the short-term – primarily loans to finance company BluMarble, Prescot Business Park Ltd and former vice-chairman Brett Warburton.

Speaking to The Bolton News Anderson reassured supporters the situation was in hand.

“No matter what aspect of my work life, I never going into it spending more than I have,” he said. “BluMarble is getting organised. We have had discussions with Michael James (co-owner of PBP Ltd) about how we can come to a solution.

“We have also talked with Brett and I am very confident we will be able to sort his loan too.

“If we had to pay them all right now, this moment, we could. Ideally, however, I’d like to restructure them into a commercial deal.”

Accounts revealed an agreement is in place with BluMarble which sees £4m plus £300,000 in interest repayable by September this year. Another £700,000 is payable if the club is promoted to the Premier League before 2021.

The £5.5m loan to PBP Ltd was also due in January this year and secured against the club’s hotel but, at time of writing, payment had not been demanded.

Warburton has also got debt secured against land owned by Wanderers and was owed a £500,000 payment on his £2.5m loan at the start of this month.

Anderson remains confident he has the backing of the men that matter – and is currently assessing his options on the best way forward.

“If we had to refinance the Michael James loan, we could, because there is an asset there in the hotel,” he said. “We’re talking with two developers regarding Brett’s situation. They both want to buy the land which he has a charge on. But again, I’m looking whether it’s better to do a deal with the developers.”