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Bolton Wanderers go into administration
Soccer-ball Soccer-ball

Bolton Wanderers are set to go into administration after the club appeared in the High Court over a £1.2m unpaid tax bill.

The case on Wednesday was adjourned until 22 May to allow the club enough time to appoint an administrator.

Administration would result in Wanderers having a 12-point penalty imposed on them next season.

The club will play in League One next season after they were relegated from the Championship this term.

Former Watford owner Laurence Bassini had made a takeover bid, but Wanderers said on Thursday that the deal was off.

Sad to see. Considering they were a force in the Premier League as recently as the mid-2000s, it's a real pity how far they've fallen :( .

I do hope a rescue deal can be struck soon.
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