Bolton set for administration as takeover talks collapse
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
The Eye Brand
Competitive
Sydney Tower Eye
Charterhouse Club
£34,000 – £38,000 + benefits
Godalming, UK
Oxford City Council
£39,243 to £41,164 per annum (pro-rata for part time)
Oxford, UK
GLL
Up to £22,008 per annum
Eltham, London, UK
Eastleigh Borough Council
£30,435 pro rata
Eastleigh, UK

Bolton set for administration as takeover talks collapse

Job opportunities
Jump Giants
Competitive
location: Burton on the Wolds, Loughborough, UK
MIND
£30,596 inc. London weighting
location: Stratford, London, UK
Derby City Council
Grade J £32,878 - £36,876 a year pro rata
location: Springwood Leisure Centre, Derby
more jobs

Bolton Wanderers Football Club (BWFC) is set to enter administration after talks to find a new owner collapsed.

Current owner and chair Ken Anderson had been in advanced negotiations to sell the club to entrepreneur and former Watford FC owner Laurence Bassini, but the takeover failed at the eleventh hour.

The deadline for any deal was set for yesterday (8 May), when BWFC representatives appeared in the High Court over a £1.2m unpaid tax bill.

As no takeover deal was secured, Anderson filed a notice of intent to appoint an administrator for both BWFC and Bolton Whites Hotel – a property located at the club's stadium.

In a strongly-worded statement posted on the BWFC website, Anderson blamed Bassini for the failure of the talks – and the resulting filing for administration.

"Mr Bassini has failed to provide any adequate and acceptable proof of current and future funding to the English Football League, the other secured creditors or me despite him keep telling the media, and anyone else that listens, that he has the ability to perform since early March – when first discussions were held with him and his advisors," Anderson wrote.

"His failure to perform has actually caused far greater hardship to the staff than would have occurred if he had not given undertakings he clearly cannot honour.

"For this I am deeply sorry and offer my apologies to the hard-working staff of both the football club and Whites Hotel.

"Mr Bassini, regrettably his continued time wasting and empty promises have caused a great deal of heartache and frustration for the staff and supporters alike and now leave the Eddie Davies Trust and me with little or no choice other than for one of us to place the businesses into administration, as any likelihood of finding any resolution the High Court hearing not possible.

"This had been a massive disappointment to me as I understand the serious implications administration will bring to the businesses."

The High Court has now given the club until 22 May to find an administrator.

Administration will result in BWFC having a 12-point penalty imposed on them next season. The club was relegated to League One this season, following a disappointing season off and on the pitch.

Sign up for FREE ezines & magazines
Bolton Wanderers Football Club (BWFC) is set enter administration after talks to find a new owner collapsed.
SAR
imagesX/THUMB341773_514851_248095.jpg

More News

1 - 15 of 38,842
18 Jul 2019
A planning application has been submitted for a £23m leisure centre in Coalville, Leicestershire. The plans include replacing the ageing Hermitage Leisure Centre with a ... More
17 Jul 2019
The Global Wellness Summit (GWS) has announced that landscape-designer-turned-architect Bill Bensley will deliver a keynote speech on hospitality design and sustainability at this year's summit ... More
17 Jul 2019
Plans have been unveiled for an ice skating destination in east London. Featuring an Olympic-size, twin-rink ice centre, the facility project is being driven by ... More
17 Jul 2019
Leading UK cancer charities have called for newly diagnosed to be prescribed exercise and nutrition plans, in order to help their recovery. Macmillan Cancer Support, ... More
17 Jul 2019
Sport England has published new planning guidance, which aims to make it simpler and easier for local authorities and planning bodies to develop community sports ... More
16 Jul 2019
A new national campaign looks to dispel negative perceptions about disability, inclusion and sport. Charity Activity Alliance (formerly the English Federation of Disability Sport) has ... More
STA
STA
16 Jul 2019
Pure Gym has appointed Premier Global NASM as its exclusive UK fitness training provider. The partnership will see Pure Gym personal trainers receive discounts on ... More
16 Jul 2019
Solent University has officially opened its new £28m sports and fitness centre. The centre houses two sports halls, three gyms, an indoor cycling studio, two ... More
16 Jul 2019
David Lloyd Clubs (DLC) has revealed plans to become the first fitness operator to commit to having a fitness trainer aged 55 or over in ... More
16 Jul 2019
The mayor of London has appointed digital expert Jillian Moore as chair of London Sport. Moore is currently the global head of digital transformation practice ... More
15 Jul 2019
Revamped and completely reimagined, Universal's popular Jurassic Park thrill ride has undergone a full rebranding and retheming as Jurassic World – The Ride. Inspired by ... More
15 Jul 2019
Fitness subscription platform ClassPass has appointed a UK general manager as it looks to grow its presence on the British market. The appointment of Will ... More
Alliance Leisure
Alliance Leisure
15 Jul 2019
Bannatyne Group has named Karen Wilkinson to the board of Bannatyne Fitness. The appointment comes just two weeks after founder Duncan Bannatyne said he will ... More
15 Jul 2019
UK children will be offered a greater opportunity to take part in 60 minutes of daily sport and physical activity under new government plans. The ... More
15 Jul 2019
Regular exercise, a balanced diet, quitting smoking and cutting down on alcohol are the best ways to prevent dementia – even if the illness runs ... More
Nautilus
Nautilus
1 - 15 of 38,842
STA-Swimming Teachers Association
STA-Swimming Teachers Association