Bolton Wanderers seem to be saved from bankruptcy. The former Premier League club on Wednesday successfully sold to a private equity investment company, a Football Ventures (Whites) Limited.
The beleaguered Bolton had earlier in the day of the English Football League (EFL) within two weeks of the period of time in order to find a buyer that is already successful.
“This is one of the complex cases that I’m involved with, but I’m happy to report that at last we have reached an agreement,” says the owner, Paul, Appleton, in a statement.
“Some of the waves seemed to sometimes be breathtaking, and that has a lot of frustration and lead. Not in the last place in the country, which, for the next two weeks are full of uncertainty there.”
In 1874, founded the club Bolton Wanderers had been for months in financial crisis. The four-time FA Cup winner, which came in the 2011/2012 season and for the last time in the Premier League, and has since slipped to League One, the third tier in England.
This season, the club had struggled to get a team going, to get. In the first four speelrondes was the point of them.