Bolton Wanderers chief executive Allan Duckworth says the club's priority is to be European regulars following the latest financial results.
The Premier League side recorded a pre-tax profit of £500,000 for the past financial year, in comparison to a profit of £2.2million in 2006.
The figure excludes player trading, while Bolton's turnover also fell by seven per cent from £54.6m to £51.1m.
According to the club, that was due to Bolton's absence from European competition last season and only staging 20 competitive first-team games at the Reebok Stadium.
They are again involved in the Uefa Cup and have reached the group stages.
However on the domestic front Bolton are in the relegation zone after only one win in 13 games and Gary Megson has replaced Sammy Lee as manager.
But Duckworth stated: "Our priority remains clear; to build Bolton into a successful Premier League club competing in Europe on a regular basis.
"This obviously means achieving success on the field, but it is also clear this can only be sustained by achieving similar success across our commercial and other business areas."

Chelsea 1-0 Man Utd - Blog
Chelsea 1-0 Man Utd - Ferguson
Chelsea 1-0 Man Utd - Ancelotti
Chelsea 1-0 Man Utd - Terry
West Ham 1-2 Everton - Zola
West Ham 1-2 Everton - Moyes
Wigan 1-1 Fulham - Martinez
Wigan 1-1 Fulham - Hodgson
| Time | Fixture |
|---|---|
| Monday 9th November | |
| Barclays Premier League | |
| 20:00 | Liverpool vs Birmingham |
| Saturday 21st November | |
| Barclays Premier League | |
| 12:45 | Liverpool vs Man City |
| 15:00 | Birmingham vs Fulham |
| 15:00 | Burnley vs Aston Villa |
| 15:00 | Chelsea vs Wolverhampton |
| 15:00 | Hull vs West Ham |
| 15:00 | Sunderland vs Arsenal |
| 17:30 | Man Utd vs Everton |
| Sunday 22nd November | |
| Barclays Premier League | |
| 13:30 | Bolton vs Blackburn |
| 15:00 | Tottenham vs Wigan |
| 16:00 | Stoke vs Portsmouth |
| Wednesday 25th November | |
| Barclays Premier League | |
| 19:45 | Hull vs Everton |
| 20:00 | Fulham vs Blackburn |
| Saturday 28th November | |
| Barclays Premier League | |
| 15:00 | Blackburn vs Stoke |
| 15:00 | Fulham vs Bolton |
| 15:00 | Man City vs Hull |
| 15:00 | Portsmouth vs Man Utd |
| 15:00 | West Ham vs Burnley |
| 15:00 | Wigan vs Sunderland |
| 17:30 | Aston Villa vs Tottenham |
| Time | Result |
|---|---|
| Sunday 8th November | |
| Barclays Premier League | |
| Chelsea 1 - 0 Man Utd | |
| West Ham 1 - 2 Everton | |
| Wigan 1 - 1 Fulham | |
| Hull 2 - 1 Stoke | |
| Saturday 7th November | |
| Barclays Premier League | |
| Wolverhampton 1 - 4 Arsenal | |
| Man City 3 - 3 Burnley | |
| Tottenham 2 - 0 Sunderland | |
| Blackburn 3 - 1 Portsmouth | |
| Aston Villa 5 - 1 Bolton | |
| Wednesday 4th November | |
| Barclays Premier League | |
| West Ham 2 - 1 Aston Villa | |
| Sunday 1st November | |
| Barclays Premier League | |
| Birmingham 0 - 0 Man City | |
| Saturday 31st October | |
| Barclays Premier League | |
| Man Utd 2 - 0 Blackburn | |
| Sunderland 2 - 2 West Ham | |
| Portsmouth 4 - 0 Wigan | |
| Bolton 0 - 4 Chelsea | |
| Stoke 2 - 2 Wolverhampton | |
| Fulham 3 - 1 Liverpool | |
| Burnley 2 - 0 Hull | |
| Everton 1 - 1 Aston Villa | |
| Arsenal 3 - 0 Tottenham | |
| Pos | Team | P | Pts |
|---|---|---|---|
| 1 | Chelsea | 11 | 27 |
| 2 | Arsenal | 11 | 25 |
| 3 | Manchester United | 11 | 25 |
| 4 | Tottenham Hotspur | 12 | 22 |
| 5 | Aston Villa | 12 | 21 |
| 6 | Manchester City | 11 | 20 |
| 7 | Liverpool | 11 | 18 |
| 8 | Sunderland | 12 | 17 |
| 9 | Stoke City | 11 | 16 |
| 10 | Burnley | 12 | 16 |
| 11 | Fulham | 10 | 14 |
| 12 | Wigan Athletic | 11 | 13 |
| 13 | Blackburn Rovers | 11 | 13 |
| 14 | Everton | 10 | 12 |
| 15 | Birmingham City | 11 | 11 |
| 16 | Bolton Wanderers | 11 | 11 |
| 17 | West Ham United | 11 | 10 |
| 18 | Wolverhampton Wanderers | 12 | 10 |
| 19 | Hull City | 11 | 8 |
| 20 | Portsmouth | 12 | 7 |
Skysports.com looks at the best and worst moments from the latest round of top-flight fixtures.
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Hull came from behind to beat Stoke 2-1 at the KC Stadium to ease the pressure on Phil Brown.
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Sir Alex Ferguson insisted John Terry's winner should not have been allowed to stand after Man United's defeat at Chelsea.
Carlo Ancelotti admitted his delight in beating Chelsea's "best opponent" at Stamford Bridge.