• Consortium close to concluding takeover of Championship club
• Bolton may avoid administration with court hearing now set for 7 MarchBolton Wanderers have agreed a takeover deal with a consortium fronted by their former striker Dean Holdsworth,with the tall court granting the club additional time to secure Football League approval after a winding-up petition was deferred.
The Championship club now have 14 days to secure the league’s approval after the tall court adjourned its hearing into unpaid PAYE tax and VAT worth around £3m until 7 March. Holdsworths group, Sports Shield, or have stepped in to buy Wanderers from the current owner,Eddie Davies, who will become the club’s president.
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Source: theguardian.com