Bolton administrators set deadline for final offer: Five bidders asked to show proof of funds
11 June 2019
After a tumultuous period, Bolton Wanderers seem to be closing in on a new owner.
The club administration has set a deadline for the best and final offers for the club.
Bolton’s turnover has fallen by 86 per cent since 2012.
Five candidates have been asked by Bolton’s administration to supply their final offers on the club, which must also include both proof and source of funding.
The administrators want to finalise a takeover and have therefore set a deadline for the final bids on Wednesday.
"We have made it clear from the outset of this process that speed is of the essence. A new owner has to be identified and in place to allow the club to rebuild ahead of the new season,” said Paul Appleton of David Rubin & Partners in a statement.