Bolton Wanderers live to fight another day as their second court hearing in two weeks was adjourned in order to give the club time to finalise a takeover deal.
Bolton are next due in court on May 8 which will likely be the club’s last chance.
The club are subject to several winding-up petitions as a result of unpaid bills. The most high-profile of these is a reported £1.2 million tax bill owed to HMRC.
The month-long adjournment will hopefully give a potential buyer time to complete their takeover of the club.
If a takeover deal is indeed on the cards then the club’s new owners will have to fork up considerable funds to keep Bolton afloat.
However, reports from various sources suggest that twice-bankrupt Laurence Bassini, formerly the owner of Watford, is the man in the driving seat. With his track record over previous years, it doesn’t inspire much confidence.
Of course, there is a lot of speculation surrounding the potential takeover of the club. As Ken Anderson alluded to in his column yesterday.
The key for fans now is to remain patient.
The club has survived to fight another day and with the court hearing adjourned for another five weeks, it should give the club enough time to find a suitable new owner.
Keep those fingers crossed, folks.