Bolton takeover: Trotters announce Laurence Bassini will NOT be buying the club

Bolton takeover: Trotters announce Laurence Bassini will NOT be buying the club
Bolton have called off Laurence Bassini’s takeover of the club amid their financial struggles.Bassini, the former Watford owner, was required to provide the EFL with proof of funds within 48 hours of Tuesday – but the Trotters say there were no further meetings with them or the EFL.Getty1

Bolton have released a statement

The British businessman’s takeover had been agreed, and he told talkSPORT earlier today that he was waiting for clarification on whether Bolton would be hit with a points deduction.But the club have now said they ‘consider his approach for the club at an end and no further discussions will be entered into on the matter with him’.A statement read: “We would like to confirm that despite repeated offers to allow his professional advisors to carry out due diligence in the club’s data room this work has never been undertaken so we are at a loss as to understand the comments regarding additional debt that he claimed to have discovered. “We can only assume the ongoing cash flow requirements for the next two seasons as required by the EFL for all potential acquirers of a club are what Mr Bassini refers to when talking about additional debt.“The potential issues the club faces following notification from the EFL are purely due to the Chairman allowing time for Mr Bassini to complete his takeover of the club. In hindsight this has not been helpful but we are sure supporters will understand his desire to give the possibility of a solvent deal every chance of success.

LIVE ON talkSPORT

talkSPORT is your home of live football! Here's what's coming up on talkSPORT and talkSPORT 2...

• Eintracht Frankfurt vs Chelsea (Thursday, 8pm) talkSPORT 2
• West Ham vs Southampton (Saturday, 3pm) talkSPORT 2
• Cardiff vs Crystal Palace (Saturday 5:30pm) talkSPORT
• Derby vs West Brom (Sunday, 12:30pm) talkSPORT 2

“We will work with the EFL to answer the questions they have raised surrounding recent events.“Ken Anderson will now consult with his professional advisors and consider the best course of action as a matter of urgency.”It caps a chaotic time for cash-strapped Wanderers, who have already been been relegated to League One.Unpaid players have gone on strike amid the threat of administration, forcing the postponement of last weekend’s Championship clash with Brentford.Earlier today, the EFL said the Brentford game would be played on May 7, after the announcement on Wednesday that the players were available for Sunday’s clash with Nottingham Forest.

---

Manchester United pair Jesse Lingard and Anthony Martial will be sidelined with injury for "two or three weeks", interim manager Ole Gunnar Solskjaer has revealed. Both Lingard and Martial were forced off in the first-half with muscle injuries during the Red Devils' Champions League defeat to Paris Saint-Germain on Tuesday night.
Lingard, Martial to miss weeks for Manchester United

---

Liverpool weather: Could Reds' Premier League clash vs

---

Cardiff manager Neil Warnock takes aim at Manchester United ahead of Premier League fixture over the last couple of seasons. The Red Devils haven't claimed the Premier League title since Sir
One player every Premier League club should cash in on to
fussboll.com/2019/06/11/one-player-every-premier-league-club-should-cash-in-on-to-strengthen-their-squad/
Should Arsenal cash in on Aubameyang Arsenal striker Aubameyang has been linked with a big-money move to the Chinese Super League.. CSL clubs are reportedly ready to pay £300,000-a-week to tempt him to the Far East, and they are said to be optimistic he will agree to the switch.
Manchester United news and transfers RECAP Man Utd 'agree

---

Zidane thus became the first Real Madrid manager to win his first Clásico match since Bernd Schuster in December 2007. On 4 May, Zidane led Real Madrid to a place in the 2016 UEFA Champions League Final by beating Manchester City 1-0 on aggregate. In La Liga, Real Madrid finished runners up, just one point behind Barcelona.

---

Liverpool boss Jurgen Klopp makes joke about being p****d after the Champions League final LIVERPOOL boss Jurgen Klopp had BT Sport presenter Des Kelly in stitches after saying he is usually "p

---

Former Carlisle United and Workington Reds frontman Glenn Murray insists he will never lose his goal-scoring instinct after agreeing a new deal at Brighton. The 35-year-old, from Maryport
cropped-cropped-rng-logo1.png | The Joe Ellaway Rock 'N' Goal

---

Frank Lampard to sign former Chelsea team-mate Ashley Cole to help Derby in Premier League promotion push. Frank Lampard will turn to Ashley Cole for help in getting Derby County back to the
Ashley Cole: Derby County in talks to sign boss Frank Lampard

---

>>MORE: All Elite Wrestling, WWE's New Rival, Has Big Money And Big Names. AEW's first major test comes on May 25 th in Las Vegas for Double Or Nothing. It is the successor to All-In, but the
How All Elite Wrestling Has The Opportunity To Really Change

---

Rep. Garamendi Says U.S. Has No Choice But to Pass Infrastructure Bill N'Golo Kante is being 'wasted' and may look to leave Chelsea if it continues, says
Shocking away form in Europe continues with Paris Saint

---

Manchester United verdict: Simon Jordan responds to Jose Mourinho's 'cheap shot' at Solskjaer and says Woodward is 'the bland leading the bland' "I think Ed Woodward is the bland
Manchester United verdict: Simon Jordan responds to Jose

---

Live Commentary: Chelsea 1-0 Southampton - as it happened to start is the absence of Alvaro Morata from the Chelsea starting XI, which is something of a surprise considering the Spaniard was
Official Manchester United Website

---

Official Website of Ekow Asmah Sports. I respect Wilder more - Tyson Fury. Tyson Fury appeared on ESPN's First Take recently, and sat down with the hosts to discuss a number of topics, including the current heavyweight landscape, and what his future plans are.
Sports News, 5 May 2015 | 15 Minute News - Know the News

---

Manchester United are 'very interested' in Belgium international Yannick Carrasco, his wife has confirmed. The Belgium international currently plays for Chinese Super League club Dalian Yifang - FULL STORY. Liverpool, Tottenham and Everton are battling to sign Club Brugge's Netherlands winger Arnaut Groeneveld.
Benjamin Tetteh, Borja Iglesias & Arnaut Groeneveld: Everton

---