Bolton Wanderers to Receive New Ownership Offer From Laurence Bassini
Bolton Wanderers are set to receive a new offer to purchase their ownership by Laurence Bassini. According to Sky Sports, the former Watford owner will have a second attempt at purchasing the Trotters.
Laurence Bassini to Return With Second Bolton Wanderers Offer
Bassini was declared bankrupt twice but has been allowed to enter into discussions with the League One side.
Bolton will begin their Sky Bet League One campaign with a twelve point deduction after being entered into administration; however, Laurence Bassini remains committed to purchasing the Lancashire club.
The former Watford owner revealed to Sky Sports that he would have preferred to buy the club before it went into administration.
Bassini was discharged from bankruptcy in 2015 but continued to serve a three-year ban from involvement at a Football League club until a year later.
“I didn’t want to do it after administration, I wanted to prevent the damage that has caused, however it wasn’t possible and not of my making,” he told Sky Sports News.
“I will be speaking with the people at the club on Friday and they will have my offer.”
Bolton Wanderers were relegated to England’s third-tier this season after finishing 23rd on 32 points. The Trotters, who finished twelve points from safety, faced severe financial problems towards the end of last season.
Late payments of their salaries for a second successive month saw the players stage a 48-hour strike.
The issues escalated as far as their League fixture against Brentford being postponed due to a player strike. Bolton’s safety advisory group blocked the rearranged game from being completed and the Bees were awarded a 1-0 win.
This week, however, an emergency food bank was opened for staff who have gone without pay for two weeks. Around 400 members of staff, involved at the club and the attached hotel, are waiting to be paid for working during April.