Bolton avoid administration and points loss after creditor agrees deal

12 September 2018 02:56
• BluMarble Capital Ltd had initially rejected Wanderers’ offer• Bolton chairman confirms that loan has now been repaidBolton have avoided administration after agreeing a deal to pay off their main creditor, Wanderers’ chairman has announced.Ken Anderson had warned the Championship club faced administration after an initial offer to repay BluMarble Capital Ltd was rejected. But he issued a statement on Wednesday afternoon which read: “I am pleased to confirm that the loan from Blu Marble Capital Ltd has been repaid. Continue reading. . read full article

Source: TheGuardian