Bolton Wanderers: Championship strugglers facing winding-up petition in High Court
A deal with a four-person consortium fell through last week and, although talks continued with other interested parties, another one has now withdrawn from contention
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Bolton are due in the High Court to face a winding-up petition on Wednesday, a day after confirming takeover talks with an interested party had ended.
Owner Ken Anderson, the 94.5 per cent shareholder, is looking to offload the Championship strugglers to someone who can offer more financial stability.
A deal with a four-person consortium fell through last week and, although talks continued with other interested parties, another one has now withdrawn from contention.
A club statement read: "Bolton Wanderers Football Club can confirm that discussions with one of the interested parties have now been mutually terminated.
"The club can also confirm that discussions are ongoing with other parties. A further update will be made in due course."
That statement came on the eve of the club's High Court hearing as they look to fend off an HMRC winding-up petition - their sixth in the last 18 months.
The club declined to comment on the hearing when contacted by Press Association Sport.
Bolton have endured a tumultuous time of late. The players were paid their February salaries late and there was doubt over a recent game with Millwall going ahead due to concerns over being able to pay policing costs.
Furthermore, League Two side Forest Green confirmed to Press Association Sport they have started legal proceedings against Wanderers over the failed transfer of striker Christian Doidge.
Bolton lie second bottom of the Championship table, eight points from safety with eight games to go.
Bolton are just one of three clubs facing winding-up petitions on Wednesday, alongside League Two outfit Macclesfield and Ebbsfleet of the National League.
PA
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments