Sky sources: Bolton expect a winding-up order from HMRC
Tuesday 8 December 2015 17:36, UK
Sky Bet Championship club Bolton are expecting to be issued with a winding-up order from HMRC, according to Sky sources.
Bolton's players have not received wages for November, although all of the other club staff have been paid.
The club are still negotiating with a number of interested parties, but no-one has yet come forward with the necessary funds.
Takeover talks are ongoing, with four parties interested in striking a deal, but the threat of administration and a subsequent 12-point deduction remains a real possibility.
Should the club go into administration they will be 16 points adrift at the foot of the table and almost certain to drop into League One next season.
Bolton, who reached the last-16 of the UEFA Cup in 2008, owe in the region of £600,000 in unpaid taxes and need to find £900,000 in monthly running costs.
Eddie Davies currently owns the club through company Burnden Leisure PLC, which announced debts of £172.9m in April, after losses of £9.1m for 2014.
