Football Ventures complete long-awaited takeover of Bolton to end liquidation fears

28 Aug

Football Ventures have completed a takeover of Bolton.

The Trotters were at serious risk of being removed from the Football League after takeover attempts from Laurence Bassini failed throughout the summer.

Bolton fans can finally breathe a huge sigh of relief
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But after being granted an extension by the EFL to complete a takeover, Football Ventures ended Bolton fans’ liquidation fears on Wednesday.

Unfortunately, League One club Bury were not taken over before Tuesday’s deadline and were booted from the Football League.

Now, Bolton’s new owners will look to appoint a successor to Phil Parkinson, who left the club last week.

Bolton started the season on -12 points after going into administration.

Joint-administrator Paul Appleton, who warned he would be closing the club down on Wednesday if a takeover had not been agreed, revealed it had been ‘the most complicated administrations I’ve been involved in’.

He told Bolton’s official website: “I’m delighted to say we have finally reached a satisfactory conclusion with the sale to Football Ventures.

“At times, some of the hurdles appeared insurmountable and the frustration felt has been immense, not least by the supporters who have had to endure too many weeks of uncertainty.

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“I would like to pay particular tribute to the Eddie Davies Trust and their legal team who, throughout this whole process, have been willing to do everything in their power to ensure Eddie’s incredible legacy was maintained and not sullied.

“Even at the 11th hour when other parties were content to renege on their agreements, the Trust realised the very existence of Bolton Wanderers was at stake and were willing to find a compromise to save the club.

“It is a testament to their unflinching determination to do what was best for Bolton that we are able to complete the deal today.”

Appleton continued his praise of the Eddie Davies Trust, while condemning former Bolton owner Ken Anderson.

He said: “The Trust were forced to constantly compromise their position in the face of circumstances and demands which were wholly unreasonable.

“This says much about their determination not to allow Eddie’s beloved Bolton Wanderers to suffer any longer at the hands of Ken Anderson.

Former Bolton owner Ken Anderson fell out with the club’s fans last season
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“Sadly, Mr Anderson has used his position as a secured creditor to hamper and frustrate any deal that did not benefit him or suit his purposes. Thankfully, with the assistance of the Trust and others, we were able to overcome this obstacle.

“I would especially like to thank both my team and my lawyers who worked around the clock to find solutions to problems which certainly threatened to derail the whole process.

“I have every sympathy for the staff, players and fans who have been forced to stand by while their club was taken to the brink. I am delighted their loyalty, dedication and patience have finally been rewarded.

“Of course, there will be difficult times ahead while the club gets back on its feet but there are too many people with Bolton close to their hearts for it not to be successful once more.

“The EFL and PFA have both played a major part in the club’s survival. They have understood the complexities of the process and have stood strong in the fight to save Bolton, helping to drive this deal over the line.

“Now there can be a fresh start with owners who, I believe, will run the club for the good of the supporters and the community as a whole.

“For everything the fans have had to endure, they deserve nothing less.”

Bolton Wanderers EXCLUSIVE: Ken Anderson tells talkSPORT he ‘was not involved’ in any discussions over collapsed takeover

26 Aug

Ken Anderson, the outgoing owner of Bolton Wanderers Football Club, has insisted he has played no part in the collapsed takeover which has put the in-trouble club on the verge of liquidation.

On Monday, Bolton’s administrators delivered the devastating news they are 24 hours away from having their EFL membership revoked and the process of liquidation beginning.

Bolton Wanderers could cease to exist at a club THIS WEEK unless a takeover deal is resurrected
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The Trotters, a founder member of the Football League in 1888, do not have the funds to carry on trading and, unless the deal can be revived at the 11th hour, they will go out of business this week.

A statement from joint administrator Paul Appleton laid the blame at Anderson’s door, claiming he and his legal team were the only party not to agree to a potential sale of the club.

“At 5pm on Friday August 23, the completion of the sale of the football club and the hotel had been agreed by all parties and undertakings had been issued by all solicitors except those of Ken Anderson,” the statement read.

“Devastatingly, on Saturday morning that deal collapsed. At this stage, there seems little point in apportioning blame because that makes no difference to the staff, players, management, supporters and the community who have once more seen their club taken back to the brink.

“On Sunday evening, there was some tentative dialogue but we are still some way from reaching a solution. Therefore, I am appealing to those parties whose position seems intractable to do everything to reach a compromise.

“Unless there is a change of position from any of the parties involved, the process of closing down the club and ultimately placing Bolton Wanderers into liquidation will begin this week.”

But, in dialogue with Jim White later on Monday morning, Anderson insisted he has had no contact with the administrators.

The talkSPORT host said: “Moments ago Anderson texted me to say: ‘I’ve had no contract with any of the consortium or the trust since the appointment of the administrators, and wasn’t involved in any of the discussions or the delays over the last few months’.

“So he’s really passing the buck to his legal team.”

Chairman Ken Anderson has overseen a chaotic period in Bolton’s history
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Bolton have been in crisis on and off the pitch.

They were relegated from the Championship last season and, after being placed into administration, began their new campaign in League One on minus 12 points.

Having lost a large number of senior players over the summer – with those remaining at the club finding their training ground locked up and without water when they returned for pre-season training, they have been forced to field a team made of youth-team players this season.

Bolton’s manager Phil Parkinson and assistant manager Steve Parkin resigned from their positions last week and the team lost Saturday’s home League One match to Ipswich 5-0.

Bolton EXCLUSIVE: ‘We have not been paid for five months and don’t even have hot water for showers’, Andrew Taylor tells talkSPORT

18 Jul

Bolton Wanderers players are close to going FIVE MONTHS without pay and their training ground does not even have hot water for showers.

Andrew Taylor joined talkSPORT on Thursday for an update on the financial woes which have crippled the Trotters and placed them in administration.

The 32-year-old left-back, who has been acting as a representative of his team-mates, was one of the host of senior players released by the cash-strapped club at the end of last season as they were relegated to League One.

Bolton have called off their friendly against Chester on Friday after it was revealed their players have still not been paid
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The number of men who left at the expiry of their contracts means Bolton have just SIX players remaining in the first-team squad.

And Taylor said those who remain on the books found their training ground locked when they returned for pre-season training, and while it is now open they are still without drinking water and are unable to have showers.

The defender also said players have been pushed to ‘desperation’ having been without pay for 20 weeks, with some of his team-mates defaulting on mortgage payments and being unable to support their families.

Bolton’s administrators recently confirmed they are in talks with a consortium about a possible takeover at the club.

But Taylor says the current and former squad members have been given no assurances over when they will be paid their outstanding wages – or if they will ever be paid at all.

“I’m currently out of contract at the minute, but we’re all in close conversation with each other regarding the situation and from what I’m led to believe from the few boys that have actually gone back into training, it’s not a good situation,” he told talkSPORT host Jim White.

“The training ground was locked up for the first couple of weeks, there had been no bottled water to drink, there has been no hot water for the showers and obviously we have still not received any wages and we’ve had no indication of when we will be getting any wages.

“At the end of July it will be five months they haven’t paid us any wages. As you can image, it’s a big burden on people.

“There are only six or seven lads still in contract there, so a lot of the lads from last year are now out of contract. Some have signed for other clubs, but others are still waiting, so that adds to the stress we’re all under.

Bolton were relegated from the Championship last season, and will begin the next on -12 points after entering administration
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“Myself and my wife have had to pull money from different places to cover ourselves. We can’t plan anything. We’re owned five months of wages but there’s no indication of when or if we will get our money.

“The administrators are not saying a great deal. The communication between the administrators to the lads has been a problem. They are obviously interested in selling the club and helping the club survive, but unfortunately that doesn’t help our situation as a group of players and staff who are fighting every week and month to survive ourselves. Everybody’s got bills to pay, mortgages and families to look after.

“It’s not an easy time. It’s tough.”

Ken Anderson has overseen a chaotic period in Bolton’s history
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The former Trotter said he and the players were initially angry at former chairman Ken Anderson for allowing the club’s finances to ‘spiral out of control’.

But that explained that anger has now turned into ‘desperation’, and now all they hope for is positive news from the club, not only for themselves and the out-of-pocket staff, but also for the supporters.

“There are a lot of people to point the finger at,” Taylor added.

“Ultimately Ken was in charge and he was the one who let this mess spiral out of control, but I think we’ve all gone past the anger stage.

“Maybe four or five months ago we were angry at Ken Anderson, but now I think it’s more desperation. The lads do not want to point fingers and blame people, we just want a positive outcome for everybody – us players, the staff together the money. And for the fans and the club – it needs some positive news and a good outcome.”

Listen back to talkSPORT’s interview with former Bolton defender Andrew Taylor IN FULL above

Bolton Wanderers officially enter administration and will start 2019/20 League One season on -12 points

13 May

Bolton Wanderers have officially entered administration.

The club were relegated from the Championship at the end of the 2018/19 season and failed to fulfil their final match against Brentford.

Bolton have been placed into administration
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Owner Ken Anderson has been trying to sell the club for some time and looked to have found a buyer in Laurence Bassini.

This takeover collapsed, though, due to the former Watford owner’s failure to provide proof of funds.

Administrators have now been appointed, meaning Bolton will start their League One season on -12 points.

A club statement read: “Paul Appleton and Asher Miller of David Rubin & Partners have today been appointed as joint administrators of Bolton Wanderers Football & Athletic Club (BWFC) and Burnden Leisure Limited (BLL) in the High Court of Justice.

“Both appointments were made following the Notices of Intention to appoint administrators filed by Fildraw Limited last week, which followed a long period of uncertainty since the presentation of a petition by HMRC.

“Fildraw Limited is a company through which the Trust representing the family of the late Eddie Davies lent substantial sums to the club.

“The decision was finally made for the appointments which it is hoped will ensure the continued existence of the club, one of the founding members of the Football League.”

Administrator Paul Appleton said: “This has obviously been a long-running situation and it is vitally important that we quickly establish the position of both the football club and the holding company.

“It has got to the stage where the trust could not sit back and allow the club to go into liquidation. Decisive action had to be taken and the trust believes the decision is in the best interests of Bolton Wanderers.

“Everybody at the club as well as the supporters need a sense of clarity and that is what I will be seeking to provide as quickly as possible.”

In response to the news, a statement from the EFL read: “The EFL can confirm that it has been formally notified that administrators have been appointed in respect of Bolton Wanderers Football Club.

“As a result, the club is now subject to a 12 point deduction and, in accordance with EFL Regulations, the sporting sanction will take effect next season in League One.

“The EFL will now commence discussions with the Administrators with the aim of achieving a long-term future for the club.”

Chinese group Shandong Luneng keen on Bolton takeover and ‘want Sam Allardyce as manager’

10 May

Chinese group Shandong Luneng are keen to complete a takeover at Bolton and want Sam Allardyce to make a return as boss, according to reports.

Investors from the group are said to have been shown around the ground and are considering an offer to buy the League One-bound club.

Sam Allardyce has been out of work since leaving Everton last summer
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The Sun report Shandong Luneng tried to buy the club last year, but talks with owner Ken Anderson stalled.

In recent trips to England, they have been accompanied by ex-Bolton sports scientist Mark Taylor, who worked with Allardyce at Wanderers, Blackburn, Newcastle and Sunderland.

Allardyce is remembered fondly by Bolton fans after guiding the club into the Premier League in 2001 and reaching the last-32 of the UEFA Cup, now known as the Europa League, five years later.

He managed the club between 1999 and 2007 before leaving for Newcastle.

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Shandong Luneng have a club playing in the Chinese Super League, but reportedly want to own an English team.

Despite living locally, the former England boss could be put off by a return as Bolton are set to start next season on -12 points after Anderson and a company acting on behalf of late owner Eddie Davies’s Trust put the club into administration.

On Wednesday, Anderson said there was ‘little or no choice’ but for ‘one of us’ to take action, however a club statement said papers have been filed by both parties.

“Ken Anderson filed the Notice of Intent to appoint an administrator forms with the (Insolvency and Companies Court) yesterday morning for both Bolton Wanderers Football Club and Bolton Whites Hotel in his position as a qualifying floating charge holder on both companies,” the statement said.

“Later in the day Flidraw Limited, on behalf of the late Eddie Davies’s Trust, also filed similar documents for both Burnden Leisure and Bolton Wanderers Football Club having served demand notices on both companies earlier in the day.”

Allardyce has been out of work since being sacked by Everton last May.

Laurence Bassini EXCLUSIVE: Businessman insists Bolton takeover is STILL ON and brands chairman Ken Anderson a ‘liar’

3 May

Laurence Bassini has told talkSPORT he has assumed control of Bolton Wanderers, despite the club saying his takeover deal is off.

The businessman has also accused current chairman Ken Anderson of telling ‘lies’ about the deal, and assured supporters he has the funds to save the in-crisis club.

After several weeks of discussions, Bolton announced on Thursday night that the proposed sale to Bassini would not go through, after he failed to provide proof of funds to the EFL.

Bassini has accused chairman Ken Anderson of telling ‘lies’ about his takeover bid

However, Bassini insisted on Friday morning he has a ‘watertight contract’ which proves he now owns Bolton and is working to get the deal ratified by the EFL.

He joined talkSPORT host Jim White on Friday morning to clear up the confusion surrounding his takeover.

And he sensationally accused Anderson – despised by supporters for his mismanagement of their club – of lying to try and get more money for his shares.

“I had to do that today because of all the lies he [Anderson] is telling,” Bassini said about his statement.

“If I let him continue the way he is, he’s running everything into the ground, don’t you understand?

“Nothing is getting paid. He doesn’t care about this club. He’s trying to find someone else so he can get more money.”


Listen to talkSPORT’s latest interview with Laurence Bassini IN FULL above


This is another twist in a tumultuous time for the cash-strapped Trotters, who have already been relegated to League One.

Having failed to be paid their wages, the playing squad went on strike last week and forced the Championship clash with Brentford to be postponed.

There is a huge amount of confusion about what is going on at Bolton

Following talks with the EFL, the players have made themselves available for Sunday’s match with Nottingham Forest.

The game against Brentford has also been rearranged for next Tuesday, two days after the regular Championship season ends.

However, in the event of the club entering administration they will not have to fulfil their final fixture.

Bolton Wanderers to play postponed Brentford game two days after end of Championship season

2 May

Bolton Wanderers’ postponed match against Brentford will now take place two days after the end of the regular Championship season.

The match was due to take place on April 27 but the Bolton players went on strike over unpaid wages.

It has been scheduled to take place on Tuesday, May 7.

Bolton will play against Brentford on May 7

However, the EFL said that if Wanderers are placed into administration then they would not insist on the game being played.

The club have been in turmoil this season with wages being paid late on more than one occasion.

Former Watford owner Laurence Bassini agreed a deal to buy the club from Ken Anderson and has been given 48 hours to prove he has the financial clout to complete the sale.

On Thursday, he told talkSPORT what the stumbling blocks were to completing the takeover.

Bolton chairman Ken Anderson has been trying to sell the club

Bolton have already been relegated to League One after a dismal season on the pitch.

An EFL statement said: “The EFL Board has determined that Bolton Wanderers’ suspended Sky Bet Championship fixture with Brentford is to be played on Tuesday 7 May, 2019 and the club (Bolton) has been instructed to make the necessary arrangements.

“As previously advised, EFL Regulations provide that any League match can be played within four days of the end of the normal playing season (Sunday 5 May, 2019).

“The board also discussed the potential of Bolton Wanderers being placed into administration and took the view if that was to happen, the EFL would not insist the game be played.

“The rationale for adopting that approach is that it is the board’s view that any administrator should be allowed to concentrate their efforts and available funding on finding a purchaser for the club, rather than staging the fixture in these unprecedented circumstances.

“The EFL is also aware that the club’s Safety Advisory Group (SAG) is due to meet tomorrow and we would advise all supporters to wait until the details for the game are confirmed by the club before making any travel arrangements.”

Laurence Bassini EXCLUSIVE: Bolton buyer reveals Ken Anderson stumbling blocks in takeover deal

2 May

Laurence Bassini has told talkSPORT he is waiting for confirmation if Bolton will be hit with a 12-point deduction next season before he commits to buying the Championship club.

The British businessman has revealed to Jim White there is a danger Bolton could be penalised after current chairman Ken Anderson attempted to put the crisis-hit club into administration.

Bassini has accused Anderson, derided by Trotters fans for his mismanagement of the club and their finances, of ‘not being able to let go’ and has urged the club to give him the answers he needs.

Bolton chairman Ken Anderson wants to sell Bolton

The former Watford owner joined talkSPORT on Thursday to share an update on his ongoing attempt to save the relegated club from their financial struggles.

Bassini’s takeover has been agreed, although doubts have been raised over the past week about whether the deal will go through, with reports claiming he had failed to prove to the EFL he has  sufficient funds.

It was also suggested he had failed to fulfil his vow to pay players’ outstanding wages for March and April, although he has insisted that was taken out of his hands.

Bassini says he now has the proof of funds, but admitted to talkSPORT a few stumbling blocks still stand in the way of him becoming the new owner of Bolton Wanderers – including an additional £14million of debt he must now look to settle on top of what he has already promised.

Speaking to Jim White on Thursday, he said: “I’ve now got the proof of funds, which I said I would have.

“Where I wanted to pay the wages for the players last week, I’m not controlling the mandate on that.

“I’ve arranged to have the money in place, and I’m adding some money into it as well, so the club will have what it needs.

“But there is a problem – there is a lot more debt there than we thought, and it means we’ll probably we’ll need another £14million on top.

talkSPORT host Jim White spoke with Laurence Bassini on Thursday

“Another problem is a couple of weeks ago Ken Anderson tried to put the club into administration, and because he did this it triggered a default, like a breach, which carries a 12-point penalty.

“So it means they’ll go into the new season with the risk of getting a 12-point deduction. So obviously I’ll need an answer on that.

“The EFL have said they are speaking to the club, they’ve asked them for information and they haven’t got it yet. The club needs to give this information.

“I want to do this deal, but if you’re going to take 12 points off, how can I complete on it? What chance are we going to have to get this club up if that happens?

Bolton are in serious financial trouble and face an uncertain future

“I told Anderson I was doing the deal, but he still did it. The whole time he’s told various people that I wanted him to stay on as a director, to still be at the club – what are you talking about? The guy can’t let go!

“I need those assurances and I’m ready to go. I don’t want to go into this with a 12-point deduction.

“I’m not going to say we might as well sit in administration, but that’s where we’re at.

“If that’s the case, in a way it’s better to do that because we’ll save £10m and will have £10m more to build on the club.

“It’s a very serious issue.”

Bolton fans have campaigned for Anderson to sell their club this season

Bassini continued his tirade against Anderson, following news the hotel located at the club’s University of Bolton Stadium has been temporarily closed this week, apparently against his wishes.

“The hotel closed yesterday and it didn’t need to close,” he added.

“I wanted to clear it up last week, I insisted upon it, I would have got a validation order and they would have had an extra £200,000 to pay all the staff today.

“But no, he’s got to be stubborn and do mad things.

“That is why this club is the way it is. Somebody should have stepped in a long time ago to sort it out, because there are serious, serious problems there and you just don’t get the correct answers you should be getting.”

Listen back to Jim White’s interview with Laurence Bassini IN FULL above

Bolton Wanderers news: Simon Jordan ‘still very doubtful about Laurence Bassini’s credibility’ as takeover is thrown into doubt

2 May

Simon Jordan has told talkSPORT he is ‘still very doubtful’ about Laurence Bassini’s credibility, despite the prospective Bolton owner insisting he has only good intentions for the in-crisis club.

Former Crystal Palace chairman Jordan has been vocal about his suspicions of twice-bankrupted Bassini, whose proposed takeover of Bolton has yet to come into fruition.

When the British businessman emerged as a candidate to purchase the club from derided owner Ken Anderson, Jordan said Bolton fans ‘would have an even bigger problem’ with Bassini in charge.

Bolton are in serious financial trouble and face an uncertain future

That prediction appeared to be quite accurate when reports emerged claiming Bassini had failed to come through on his promise to pay the players’ unpaid wages for March and April, which led to the Trotters stars striking and the postponement of their Championship clash against Brentford.

Further reports this week then claimed his proposed takeover was on the verge of collapse, as Bassini had yet to prove he has the funds necessary to purchase the club.

The EFL have now given Bassini 48 hours to provide proof he has the financial clout to buy Bolton.


BASSINI’S BOLTON TAKEOVER:


But Jordan is still not convinced, despite Bassini calling the talkSPORT pundit in an attempt to clear the air.

Speaking to Jim White on Wednesday, Jordan said: “As you know, I know Laurence and have certain views about Laurence that I shared a few weeks ago that were very condemnatory and judgemental, about Bolton jumping out of the frying pan with Ken Anderson and into the fire with Bassini.

“Laurence phoned me the following week to say, ‘I don’t want any bad blood between us, I have serious intentions with Bolton and I have the means and wherewithal to do it’.

“I don’t think the fact he’s been twice bankrupt is relevant, because some very successful businessmen have been up and down and it’s not being down, it’s coming up again that’s important.

“But, I’m still very doubtful to Laurence’s credibility, credentials and financial wherewithal.

“I’m perplexed that Laurence has put himself in this situation.

“If you walk into any environment and you say you’re going to do something [referencing his promise to pay the players’ wages] and then subsequently don’t do it, you put yourself in an invidious position where people will question your credibility.

“He’s had enough questioning over his credentials, because he’s been interrogated about how many times he’d been bankrupt and he’s got the stigma with what happened to him at Watford.

“He was very keen to impress upon me that my judgement of him was wrong and that he would prove to be somebody the Bolton fans would want, someone who is committed to the club, would will drag them up and write out cheques to take them forward, which he said himself.

“To now be in a situation where Laurence is seemingly making statements about transferring money and making a commitment to players, it makes it look like a very unpalatable and unsatisfying situation.”

Bolton chairman Ken Anderson is eager to sell the club

Jordan added that ultimately the decision over whether Bassini is the right man for Bolton has nothing to do with the EFL, who will sanction the deal from their side as long as he can prove he has the necessary funds to complete the takeover.

And if that doesn’t happen, it future of the Greater Manchester club appears very grim.

“It’s not up to the EFL,” the ex-Crystal Palace owner said.

“If he comes up with proof of funds and is able to get them across the line, the EFL will acquiesce because all they want is a safe football club.

“The alternative is Ken Anderson will fall on his sword and Bolton will go into administration.

“It’s a difficult situation because Anderson is now talking about meeting with his professional advisors, which means they are looking at administration.”

Listen back to Simon Jordan on talkSPORT above

Bolton Wanderers news: Andy Taylor speaks out on player strike and slams ‘poor’ EFL for lack of support

30 Apr

Bolton Wanderers defender Andy Taylor has insisted he and his team-mates were forced in striking over their unpaid wages and are still in the dark over what’s going on at the crisis-hit club.

The 32-year-old left-back, who is acting as a representative of the Trotters players, joined talkSPORT on Tuesday to lift the lid on the dire situation at the University of Bolton Stadium.

Things have gone from bad to worse at the relegated club over the past week, with reports now suggesting Laurence Bassini’s proposed takeover is on the verge of collapse.

There is a huge cloud of uncertainly surrounding Bolton

There are doubts whether the former Watford chairman has the funds required to complete the deal, after he failed to fulfil his pledge to pay the players’ wages for March last week.

That led to Saturday’s Championship game against Brentford being postponed, after the Bolton players came through on their threat to strike having yet to be paid their wages for March and April.

Speaking to talkSPORT host Max Rushden, Taylor admitted the decision to strike was regrettable, insisting the team care about Bolton.

But the Trotters defender also revealed the players have had no communication from current chairman Ken Anderson and his boardroom and had to take action.

“For the last few months we’ve tried to get answers, but unfortunately Ken Anderson is a difficult man to get in touch with,” Taylor said.

“Over these last two months, answers and communication has completely stopped.

“We’re in no clearer place than anybody else, the fans, media, we don’t know anything.

Bolton owner Ken Anderson has been hammered for his handling of the club’s finances

“That’s one of the biggest problems for us as a group. We’ve still got bills to pay, we’ve still got lives, and once it starts to affect your personal life and your family life then it becomes an issue.

“We’ve done everything asked of us in terms of getting on with our job professionally, doing things right and to the best of our ability, but ultimately after so long it’s starting to have a huge impact on our lives and the staff’s lives.

“As a group we just felt we had to make some sort of stance because we were going nowhere with things.”

That lack of communication has also extended to the English Football League, with Taylor taking aim at bosses for their ‘poor’ handling of the club’s situation.

The Bolton man slammed the EFL for their lack of support and communication with the team, and accused the organisation of falling short in their duty of care for players’ well-being.

“I think the EFL certainly need to do more,” he said. “The way they’ve handled the situation is poor.

“The statements they’ve released regarding us having to play the game, and expecting our Under-18s to go into a Championship game against Brentford, there’s no consideration for players’ well-being or anything like that.

“It seems like all it is, is to fulfil their fixture list. I could be wrong and if they’ve got a better explanation I’d love to hear it, because we don’t get to hear anything.

“I spoke to [EFL chief executive] Shaun Harvey on Thursday night on the phone and told him of our intentions, and since then? Nothing.

“We’re just reading the statements that get released.”

Bolton fans have campaigned against Ken Anderson’s ownership throughout the season

Asked to share his message to Bolton fans, Taylor added: “To try and stay positive.

“We’re all in the same boat, we’re all dealing with this. Yes, it’s us players who are the ones dealing with things in terms of money and not getting paid, but as fans you just want to be proud of your club and unfortunately, certainly over this season, there are been too many times where there has been a negative story and a negative atmosphere around the club.

“I feel sorry for fans. It hasn’t been great on the pitch but it’s been a hell of a lot worse off the pitch.

“I just hope we all stick together.”

Listen to talkSPORT’s interview with Bolton’s Andy Taylor IN FULL above