BOLTON KEN START ANEW
BOLTON’S former owner Ken Anderson has come under fire after the crisis club was sold to Football Ventures.
Bolton’s takeover was completed yesterday after months of negotiations, saving the club from suffering the same fate as Bury, who were kicked out of the EFL on Tuesday.
Joint administrator Paul Appleton confirmed the news on Bolton’s website, saying the League One club would not “suffer any longer at the hands of Ken Anderson”.
Appleton claimed Anderson repeatedly tried to frustrate the sale process and praised the trust representing late owner Eddie Davies for compromising to strike a deal to secure Bolton’s future.
Appleton said: “I would like to pay particular tribute to the Eddie Davies Trust and their legal team who, throughout this whole process, have been willing to do everything in their power to ensure Eddie’s incredible legacy was maintained and not sullied.
“The Trust were forced to constantly compromise their position in the face of circumstances and demands which were wholly unreasonable. This says much about their determination not to allow Eddie’s beloved Bolton Wanderers to suffer any longer at the hands of Ken Anderson.
“Sadly, Mr Anderson has used his position as a secured creditor to hamper and frustrate any deal that did not benefit him or suit his purposes.
“Thankfully, with the assistance of the Trust and others, we were able to overcome this obstacle.”
Bolton’s sale means they can move forward after months in limbo.
Their first priority is appointing a new manager, after Phil Parkinson quit last week in frustration at the club’s plight.
They then must try to avoid relegation from a points tally of minus 11, having been deducted 12 for going into administration.