Bolton Wanderers facing winding-up order

Takeover gone

Bolton Wanderers are set to face a winding-up order following the collapse of a potential takeover.

The Championship club, currently owned by Ken Anderson, face an uncertain future after a potential takeover was called off.

According to Sky Sports News, a Cheshire-based consortium were interested in taking over the Wanderers, but that has now been called off.

The current ownership were hopeful that a takeover would take place, but that’s seemingly no longer the case.

And as a result, there’s growing concern around the club with a winding-up petition set for the High Court on Wednesday.

Bolton

The petition could see Bolton go into administration and as a result, they would receive a 12-point deduction, which would all-but see them back into League One.

The Wanderers currently sit 23rd in the Championship, already eight points from safety, and a 12-point deduction would put them down to just 17 points, ensuring they drop to bottom of the table and 20 points from safety with eight games to go.

There is some hope, though. This isn’t a new situation for Bolton, who have faced five winding-up orders in the last two years, and not once have they gone into administration.

They denied they were handed two further winding-up orders in January.

Bolton players and staff were left furious this month when salaries hadn’t been paid, but the club have now confirmed that all salaries have been paid in full for the month of February.

However, the club’s training ground was shut earlier this month due to a lack of funds.

Phil Parkinson Bolton

Wanderers fans now face an anxious wait until Wednesday when they will find out the result of the winding-up petition.

All-but relegated to League One in any case, the concerns may not be over the club’s Championship status.

But the future of the club is at risk with this not being the first time the club has fallen into financial difficulty.

Of course, administration could mean that a new owner is found, but there are fears that the Trotters may find themselves in a similar situation again down the line.

Bolton chairman Ken Anderson told Sky Sports News earlier this month: "I understand why staff and supporters seem to believe that it's the owner's sole responsibility to just keep on personally topping up the bank accounts and pay everything and everybody, but unfortunately that's not always possible."

🌟 Bet £5 & get £30 in bonuses! 🌟
18+ New customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Game Show Bonus, selected games, wager 40x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply. begambleaware.org | Please gamble responsibly
Claim Bonus

BET ANYTHING (5p min) & Get £30 FREE BETS! 😍
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. 5P MINIMUM STAKE. 3 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS EXCLUDE VIRTUALS. FREE BETS ARE NON WITHDRAWABLE. NO FREE BET EXPIRY. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. BEGAMBLEAWARE.ORG
Claim Bonus
😍 BET £20 & GET £40 IN FREE BETS! 😍
New users only. Min deposit £20. Place qualifying bets of £20 in first 7 days after deposit to unlock free bets. Free bets rewarded as 4 equal free bets that total £40. Min odds 1/1, 3+ legs & expire in 7 days. Winnings credited in cash. Full T&Cs apply.
Claim Bonus
🌟 Bet £5 & get £30 in bonuses! 🌟
18+ New customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Game Show Bonus, selected games, wager 40x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply. begambleaware.org | Please gamble responsibly
Claim Bonus
✅ BET £20 AND GET YOUR MONEY BACK IN CASH IF IT LOSES! ✅
New customers only. Deposit £20 using Debit Card or Trustly. Up to your first £20 of losses will be refunded as CASH within 24 hours of qualifying bet having been settled. T&Cs apply.
Claim Bonus
BET ANYTHING (5P MINIMUM) & GET £30 IN FREE BETS!!!! 😍
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. 5P MINIMUM STAKE. 3 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS EXCLUDE VIRTUALS. FREE BETS ARE NON WITHDRAWABLE. NO FREE BET EXPIRY. ELIGIBILITY RESTRICTIONS AND FURTHER T&CS APPLY. 18+. BEGAMBLEAWARE.ORG
Claim Bonus

🏆 £20 Risk Free First Bet - Money Back in CASH 🏆
New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.
Claim Bonus
🤩 £1M FANTASY PREMIER LEAGUE TOURNAMENT! 🤩
£200k first place prize! T&Cs Apply. 18+. BeGambleAware.org
Claim Bonus
⚡️Get up to £100 in Bet Credits⚡️
Open account offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Claim Bonus
♦️ Bet £15 & Get £15 FREE BET + 2 x £5.50 tickets to our Poker Tournaments! ♦️
18+ | New UK and Ireland customers only | Min £/€15 deposit get max 2 x £5.50 tickets to FootyAccums Poker League | Bet min £/€15 on sports and get £/€15 free sports bet, minimum odds must be 2.0 | Tickets credited automatically after eligible first deposit | Tickets expire in 30 days | Free bet valid for 7 days, stake not returned | T&C’s apply | BeGambleAware.org
Claim Bonus
🙌 Bet £10, Get £20 in FREE BETS! 🙌
New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org. 18+
Claim Bonus
BET £10 & GET A £10 FREE BET! 💪
New UK customers only. £10 Min Deposit. 100% matched free bet on your first deposit of £10. 1 x wagering at odds of 1.75+ to unlock Free Bets. Debit Card deposits only. This offer is valid for 7 days from your new account being registered. Full Terms apply. 18+. BeGambleAware.org. Bet The Responsible Way.
Claim Bonus
🏆 £20 Risk Free First Bet - Money Back in CASH 🏆
New customers only, limited to one per person. If you’ve previously had a Betfair account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.
Claim Bonus
💎 BET £10 & GET £40 IN FREE BETS 💎
Sign-up via Mobile using promo code N40 and place a bet of £10/€10 or more and we will give you 4x £10/€10 free bets. By entering the Promo code in the box above you agree to the full terms and conditions of this promotion as displayed below. See full terms below.
Claim Bonus