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Bolton to cash in on Cahill in January

Bolton Wanderers could be set to cash in on England defender Gary Cahill in an attempt to pay off part of their £93m debt.

The 24-year-old has been linked with Manchester United, Arsenal, Liverpool and Tottenham over the last year and Bolton chairman Phil Gartside admitted that the club may have to sell the player.

‘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 told Bloomberg.

Garside admitted that Bolton are struggling to meet their players’ wage demands and called for a salary-cap: ‘Owners should be allowed to invest in equity.’

‘So if you, as an owner, want to buy a striker for £10million that shouldn’t be a problem. But what you then can’t do is pay him extortionate wages that take you out of the break-even situation.’

The Bolton chairman also made it clear that Swedish striker Johan Elmander could be sold in January if the club receive an appropriate offer.

‘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.’

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