This time last week Bolton avoided administration after a reported takeover deal was believed to be imminent.
The supposed buyer, Laurence Bassini, even took part in an interview with talkSPORT’s Jim White on Friday. He explained that there were only a few things left to sort out before he could take over.
A week later however, and there’s been no news whatsoever. All has gone quiet on the takeover deal front.
Attention therefore, has returned to the football. The trouble is, Bolton have been so poor of late that focusing on the football is arguably worse than speculation surrounding the club’s financial future.
With just five games to go, Bolton sit nine points from safety and are all-but down.
Bolton’s players and coaching staff have been without pay for almost a fortnight now. Therefore, it’s very unlikely that results or performances will improve over the remaining games.
Of course, buying a football club or any large business is never a quick process. But after several sources reported that a deal was on the verge of completion last week only for nothing to happen is very disheartening.
This process has been going on for months now with seemingly no end in sight.
With Bolton not due back in court until May 8, I can’t see there being any concrete news until the very last minute.