Connect with us

Championship

Bolton set to be wound up by HMRC

Debt-ridden are set to face a winding-up petition lodged to the courts by Her Majesty’s Revenue & Customs (HMRC).

The Lancashire club owe a reported £600,000 in taxes, the tip of the iceberg in a grander debt of £172.9m. Should the winding-up petition be ordered then Bolton will have to pay the £600,000 within 21 days.

This bad follows on from Bolton’s first-team players not getting paid any of their wages for November and proclaiming that they require £15m in order to make it to the end of the season.

Four parties interested in a club takeover have met with club advisor Trevor Birch without nothing more added, with the winding-up petition set to be launched the club risk administration and a 12-point deduction.

Birch said last week that Bolton were in an ‘increasingly perilous’ situation as owner Eddie Davies withdrew his funding for the club, but claimed he would waive the vast debts owed to him by the Trotters.

Related Topics
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tackle the News

- Sign Up for our weekly Football League Newsletter Today!
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Best Betting Sites at Betinireland.ienew-UK-football-betting-sites-banner

More in Championship

  •

    BLADES BLUNTED BY NEIL’S LIONS!

    By Nick Johnson SHEFFIELD UNITED 0 MILLWALL 1 Cundle 38 DUEL: Sheffield United’s Jack Robinson, right, beats Millwall’s Jake Cooper to the ball PICTURES: Alamy LUKE WHO IT IS: Millwall’s Luke Cundle fires in STAR MAN MIHAILO IVANOVIC Millwall ALEX Neil felt his Millwall side won against the odds after...

  •

    PAULO: WE JUST LACKED LEGS…

    EFFORT: Pezzolano WATFORD boss Paulo Pezzolano admitted his side just “ran out of steam” at the Swansea. com Stadium. Although they had to settle for a point, due to conceding sub Zan Vipotnik’s late goal, the result for the Hornets at least stopped the rot of six straight away league...

  •

    SELLES WANTS MORE ENERGY

    CHALLENGE: Selles SHEFFIELD United manager Ruben Selles challenged for his side to produce more than just “moments” in games after falling to defeat against Millwall. The home side – who were lacklustre in the first half – put in an improved performance after the break, but they were unable to...

  •

    Potters flying high despite red card

    By Mark Stephenson SOUTHAMPTON 1 Harwood-Bellis 79 STOKE CITY 2 Baker 54, Thomas 75 HERE WE GO: Stoke celebrate Lewis Baker’s opener against Saints PICTURES: greigphoto STAR MAN despite red card SORBA THOMAS STOKE CITY MARK ROBINS hailed ‘an outstanding result’ as ten-man Stoke won at Southampton to retain their...