Hit enter after type your search item
Wzy Word

HERE ARE THE WORLD'S NEWS

✅ Breaking News – Bolton tell staff a takeover has been 'agreed in principle'

/
/
/
704 Views
img

Bolton Wanderers have told their staff that a takeover could go through within the next 48 hours, raising hopes that the club's financial turmoil could finally be close to an end The troubled Championship outfit managed to grab a two-week stay of execution at the High Court last week, where they faced a winding up petition A lawyer acting on behalf of Bolton told the court that a buyer had been found and that debts would be settled following the completion of a deal Share this article Share And now staff at the University of Bolton stadium have been emailed and told that that a new regime could take over by the weekend, with a deal 'agreed in principle' and 'subject to contract' Concerns had been raised that March's wages – due on Friday – would not be paid on time On a number of occasions previously staff have seen their wages paid late, leading some to ask for short term advances to put fuel in their cars The club's training ground was also closed for a day due to a lack of fuel and supplies The news has been greeted with optimism by staff, who retain a level of scepticism  'This is Bolton,' said one employee 'Let's wait and see

' A proposed buyout by the Football Ventures (Whites) consortium collapsed a fortnight ago at an advanced stage While a return to the High Court is looming on the horizon Ken Anderson, Bolton's controversial owner, said this week that he did not see the club needing to appoint an administrator Thursday is the cut-off point for the 12-point penalty for going into administration to be deducted this season Share this article Share

Source: Youtube

This div height required for enabling the sticky sidebar