PER Frandsen voiced concern for the financial future of Bolton Wanderers today as he looked forward to life as a Rover. The Danish international, who completed a £2.25 million transfer to Blackburn late yesterday, believes he would not have been sold if there hadn't been a cash crisis at the Reebok.

And he fears the situation is going to get worse before it gets better.

"I'm not sure, but from what I hear they have to sell more players," the 29-year-old midfield ace suggested. "They can't get players in and at the moment it doesn't look like a club with much ambition. They can't even spend the money they have got for me.

"Yet we did have something very good going. If we had stayed in the Premier League two years ago, I'm sure we would still be there now."

Frandsen, who came to Bolton in a £300,000 transfer from FC Copenhagen in July 1996 and became the midfield driving force with consistently high performances, admits to having mixed feelings about the move, which nets Wanderers an initial £1.75m with a further £500,000 linked to appearances. "I'm delighted in one sense because it's a good move," he explained. "If I could not get into the Premiership, Blackburn is probably the strongest team on paper with the best chance of getting there. It also means I can still stay here in the Bolton area, where the kids can be happy at school.

"But I had great years at Bolton and I would have liked to have stayed a lot longer. If they hadn't had financial problems I don't think they would have sold me.

"Now it's going to be strange to be playing against Bolton!" Though yesterday's transfer appears to have been the last straw for Colin Todd, coming as it did on the back of months of financial constraints, Frandsen says he as not responsible for the manager's resignation.

"The gaffer wished me all the best," he said. "I don't think his resignation was anything to do with me."

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