Bolton Wanderers owner on brink of placing club into administration
Bolton Wanderers owner Ken Anderson has said he has no alternative but to put the club into administration, on the day it faced action by HMRC in the High Court over £1.2m of unpaid taxes.
It comes after the proposed takeover by former Watford owner Laurence Bassini appears to have collapsed.
In a message to fans on the Championship side's website this morning, Mr Anderson said: "Regrettably his continued time wasting and empty promises have caused a great deal of heartache and frustration for the staff and supporters alike and... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...