Bolton have called off Laurence Bassini’s takeover of the club amid their financial struggles.
Bassini, the former Watford owner, was required to provide the EFL with proof of funds within 48 hours of Tuesday – but the Trotters say there were no further meetings with them or the EFL.
Getty
1
Bolton have released a statement
The British businessman’s takeover had been agreed, and he told talkSPORT earlier today that he was waiting for clarification on whether Bolton would be hit with a points deduction.
But the club have now said they ‘consider his approach for the club at an end and no further discussions will be entered into on the matter with him’.
A statement read: “We would like to confirm that despite repeated offers to allow his professional advisors to carry out due diligence in the club’s data room this work has never been undertaken so we are at a loss as to understand the comments regarding additional debt that he claimed to have discovered.
LATEST FOOTBALL NEWS
“We can only assume the ongoing cash flow requirements for the next two seasons as required by the EFL for all potential acquirers of a club are what Mr Bassini refers to when talking about ‘additional debt’.
“The potential issues the club faces following notification from the EFL are purely due to the Chairman allowing time for Mr Bassini to complete his takeover of the club. In hindsight this has not been helpful but we are sure supporters will understand his desire to give the possibility of a solvent deal every chance of success.
LIVE ON talkSPORT
talkSPORT is your home of live football! Here's what's coming up on talkSPORT and talkSPORT 2...
- Eintracht Frankfurt vs Chelsea (Thursday, 8pm) – talkSPORT 2
- West Ham vs Southampton (Saturday, 3pm) – talkSPORT 2
- Cardiff vs Crystal Palace (Saturday 5:30pm) – talkSPORT
- Derby vs West Brom (Sunday, 12:30pm) – talkSPORT 2
“We will work with the EFL to answer the questions they have raised surrounding recent events.
“Ken Anderson will now consult with his professional advisors and consider the best course of action as a matter of urgency.”
It caps a chaotic time for cash-strapped Wanderers, who have already been been relegated to League One.
Unpaid players have gone on strike amid the threat of administration, forcing the postponement of last weekend’s Championship clash with Brentford.
Earlier today, the EFL said the Brentford game would be played on May 7, after the announcement on Wednesday that the players were available for Sunday’s clash with Nottingham Forest.
Jordan Pickford: Everton star must avoid complacency or he will follow in the footsteps of Joe Hart by: 161385360554578 — Talk Sport 22 Mar "Joe Hart is arrogant and making far too many mistakes," Roy Keane remarked ahead of England's World Cup qualifier with Montenegro in 2013.
Joe Hart #1 News, Stats, Photos - England - Soccer - MSN Sports
Neil Warnock has compared Mohamed Salah to Olympic diver Tom Daley after the Liverpool man won a penalty during the 2-0 defeat of Cardiff. James Milner dispatched from the spot after Georginio Wijnaldum opened the scoring - but once again, the Bluebirds were left feeling hard done by.
Liverpool news : Neil Warnock likens Mo Salah to Olympic
Wolves to be first Premier League club to introduce rail seats
League/Liverpool/Jurgen Klopp
Liverpool transfer news: Four out of contract players Jurgen Klopp could sign for free Daily and Sunday Express 06:37 25-May-19 The Jurgen Klopp favourite who could be a cheap transfer solution for Liverpool Liverpool Echo 01:05 25-May-19
Liverpool send scouts to watch Memphis Depay as Jurgen Klopp
Manchester United 2019/20 home kit: Red Devils' adidas strip
~ Chelsea news: Blues fans plead with Maurizio Sarri to play Callum Hudson-Odoi after teenager dazzles for England ~ Kenya Latest
Chelsea news: Blues fans plead with Maurizio Sarri to play
Liverpool's Champions League heroes Van Dijk and Wijnaldum given standing ovation as they join Holland squad for England game VIRGIL VAN DIJK and Georginio Wijnaldum were given a hero's
Liverpool's Champions League winners given hero's welcome by
Chelsea 1-1 Eintracht Frankfurt (2-2 on aggregate): Blues to face Arsenal in Europa League final after nerve-wracking penalty shootout triumph Chelsea will meet Arsenal in an all-Premier League Europa League final with Eden Hazard firing a decisive penalty in what would be his last ever kick at Stamford Bridge.
Arsenal to face Chelsea in all-English Europa League final - CNN
Giovani Lo Celso: Profile on the Real Betis midfielder wanted by Tottenham who idolised Angel Di Maria and is summer target Spurs have already made a £53million bid for the Argentina international but may need to pay much more to land their man
Profile on the Real Betis midfielder wanted by Tottenham who
Football Manager 2019: Best teams to manage on FM19 - Liverpool among top 18 clubs to pick FOOTBALL MANAGER 2018 is finally here, but which club will you lead to glory?
Premier League transfer news: Analysis, every team, signings
Bolton must complete their two outstanding Sky Bet Championship fixtures against Brentford and Nottingham Forest, following a statement from The English Football League board. Bolton's troubled
Bolton MUST complete their two outstanding Championship games
hollywoodadviser.com/bolton-must-complete-their-two-outstanding-championship-games-after-brentford-game-is-postponed/
DEMAND The relegated Championship outfit's season hit a new low as their match against the Bees was called off on Friday, with Wanderers players refusing to play in protest at unpaid wages Bolton must complete their two outstanding Sky Bet Championship fixtures against Brentford and Nottingham Forest, following a statement from The English Football League board.
Bolton MUST complete their two outstanding Championship games
The richest prize in soccer belongs to a familiar face. Aston Villa secured a return to the Premier League by beating Derby County 2-1 in the Championship play-off final at Wembley Stadium.
Aston Villa return to Premier League with win over Derby
Spurs followed protocol after Vertonghen head injury, says Pochettino. Mauricio Pochettino insists Tottenham's medical staff followed concussion protocols after Jan Vertonghen was
Spurs followed protocol after Vertonghen head injury, says
No comments:
Post a Comment