Bolton to plead with High Court to let stricken club do deal with Football Ventures after Laurence Bassini takeover collapse
Trotters are poised to face a winding up order from HMRC and various other creditors in case 49 on Wednesday morning
BOLTON WANDERERS will plead with a High Court judge to let them do a deal with Football Ventures to take over the club.
Wanderers are poised to face a winding up order from HMRC and various other creditors in case 49 on Wednesday morning.
And Wanderers are taking the administration route as would be buyer Laurence Bassini has failed to complete a purchase despite new efforts to find fresh backers.
Both chairman Ken Anderson and the Davies family - the main creditor - failed to reach agreement on how to handle the admin process yesterday.
However one of the parties will give notice of intent.
And they hope the judge gives them time to complete rather than place the club in liquidation.
Football Ventures are poised to step in.
Local businessman Mike James is also a leading creditor in the failed club and will be partnered by potential chief exec Sharon Brittan and investor Jeff Thomas.
The group have tried to buy Bolton for months but now prefer the admin route.
They had a deal with Far East partners but have cancelled that arrangement.
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Bolton will start next season in League One following relegation from the Championship.
The Trotters were defeated at Nottingham Forest on Sunday.
That result left them in 23rd spot with only Ipswich below them.