The latest takeover deal to buy Bolton has collapsed with administrators warning the “process of closing down the company” could begin on Wednesday.
The club has been given until 17:00 BST on Tuesday to complete the sale or offer reasons for an extension, or face expulsion from the EFL.
Administrators say the club is currently not in a position to carry on trading.
That would lead to its liquidation and the loss of over 150 jobs.
More to follow.
