Gary Cahill for sale: Bolton alert Manchester United, Arsenal, Liverpool and Tottenham

12 November 2010 07:38
Towering Trotter: Cahill climbs above Liverpool's Fernando Torres[LNB]Bolton Wanderers are ready to cash in on star defender Gary Cahill after revealing their debts had risen to £93million.[LNB]The in-demand England defender has been tracked by Manchester United, Arsenal, Liverpool and Tottenham over the last 12 months and Bolton chairman Phil Gartside admits he can no longer resist an offer.[LNB]After announcing annual losses of £35.4m - more than double the figure of 12 months ago - Gartside admited he may also have to sell in-form Johan Elmander when the transfer window reopens in January.[LNB]The Sweden striker, who was signed for £8.2m from Toulouse in 2008, is out of contract in the summer and at risk of walking out for nothing. Both Spartak Moscow and Fenerbahce are interested in the 29-year-old.[LNB]But Bolton fans will be most concerned about losing 24-year-old Cahill, who has once again impressed at the back during the club's impressive rise to sixth in the table this season.[LNB]Rafa Benitez would be keen to take him to Inter Milan after following injury to Walter Samuel.[LNB]'If a Champions League team knocks on our door in January that's the best time to sell an asset because Champions League teams will pay the money,' Garside, who is looking for about £15m, told Bloomberg.[LNB]The Reebok Stadium chief, who is also a long-serving FA board member, has called for limits on Premier League players' wages.[LNB] Swede surrender: Elmander (left) looks set to leave Bolton either in January or at the end of the season[LNB]Concern: Bolton chief Gartside[LNB]'Owners should be allowed to invest in equity,' he said. 'So if you, as an owner, want to buy a striker for £10million that shouldn't be a problem.[LNB]'But what you then can't do is pay him extortionate wages that take you out of the break-even situation.[LNB]'We are carrying too many on the wage bill. To be fair, nine players are out of contract in the summer, within them heavy earners, and we'll decide if we want to offer them new contracts.[LNB]'I think (Premier League chief executive Richard Scudamore) is concerned as much as anybody about the financial state. We keep upping the income and we keep losing more money. It's ridiculous.'[LNB]Bolton's financial position is not as precarious as was Portsmouth's when they went into administration owing more that £120m because the Wanderers' owner Eddie Davies is owed the bulk of the debt.[LNB]But on Elmander, Gartside admitted: 'He's out of contract at the end of this season and again if someone knocks on the door in January then that's obviously a consideration we have to make.'[LNB] Everton 1 Bolton 1: Beckford hits last-gasp equaliser to save ToffeesHuddlestone escapes ban as FA clear Spurs man of 'stamp' on ElmanderCoyle tells Capello: Bolton battering ram Davies deserves England chanceBOLTON WANDERERS FC

Source: Daily_Mail