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Bolton Wanderers face winding up petition

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.


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