The 56-year-old has reportedly been working with a sports agency to to table a bid for the club.
The agency is believed to be made up of British financiers as well as foreign investors.
According to the Scottish Sun, their bid for the club is around £25 million.
Mark Warburton worked as Sporting Director at Brentford before becoming their manager in 2013.
He led the side to promotion into the Championship before leaving for Scottish giants, Rangers, in 2015.
Once again he led a successful promotion charge as Rangers secured their place back in the Scottish Premiership in 2016. In the same season Rangers also won the Scottish Challenge Cup.
In February 2017 Warburton left Rangers and took charge at Nottingham Forest just one month later.
However, knowing Forest and their managerial tendencies of late, he only lasted nine months in the job.
That brings us up to date and to the Warburton-led bid to purchase Bolton Wanderers.
It’ll be a very interesting story to keep an eye on over the next few days and weeks and can hopefully have a positive impact on the club.
What do you make of this reported Warburton-led takeover bid?