Bolton Wanderers will
start next season in League One with a 12-point deduction after going into
administration.
The club, who have been
relegated from the Championship, announced the appointment of Paul Appleton and
Asher Miller of David Rubin and Partners as the club's joint administrators.
The EFL confirmed
Bolton will be docked 12 points from the start of next season, and said it
"will now commence discussions with the administrators with the aim of
achieving a long-term future for the club".
Bolton filed their
notice of intention to appoint administrators last week after a recent
winding-up order was adjourned at Insolvency and Companies Court hearing in
London.
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," read a club statement on their official website.
"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."
Bolton had hoped to
complete a takeover deal with Laurence Bassini, but the former Watford owner
failed to provide proof of funding.
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