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Bolton Wanderers face winding up petition

eNewsletter

According to BBC Radio Manchester, Bolton have been issued with a winding-up petition over an unpaid £5m loan.

The petition refers to a loan made by finance company BluMarble to Dean Holdsworth's Sports Shield. The borrowed money was used to complete a takeover with chairman Ken Anderson's Inner Circle Investments.

In March Anderson bought Holdsworth's shares to become the majority owner at Bolton.

The date for the a High Court hearing has been set as 22nd May.

Bolton say they are aware of the proposed action but they have stated it is a matter for Sports Shield and refused to comment further.

Wanderers will an immediate return to the Championship if they beat Peterborough at home on Sunday. A draw would also likely be enough to be promoted as Fleetwood would need to beat relegation threatened Port Vale by eight or more goals to overtake Bolton on goal difference.

JC

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