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.

---

Sep 17, 2018 · West Ham have been dealt a blow after it emerged that Jack Wilshere will be out for up to six weeks following surgery on an ankle injury. It had been hoped that Wilshere would not require an
Jack Wilshere 'to miss rest of season' - Sports Mole

---

Paris Saint-Germain 2-1 Liverpool: Tony Cascarino 'hates' Neymar and says he's the 'most disliked player in the world' Cascarino claimed Neymar is the most disliked player in world
Shocking away form in Europe continues with Paris Saint

---

Ole Gunnar Solskjaer acknowledged Manchester United's performance may not have matched the result as the Reds overcame West Ham United 2-1 at Old Trafford on Saturday. at right wing, Andreas
Man Utd news: Solskjaer's answer to fans who want Pereira

---

Championship play-off final: When is Aston Villa vs Derby

---

Meet stunning Paisley blonde Stephanie Clark who is WAG of ex-Celtic hero Patrick Roberts with string of gorgeous Instagram snaps The following month she wished the Manchester City starlet a
Patrick Roberts to re-join Celtic on loan from Man City

---

Diego Godin is on the move this month, while Manchester United have identified their No.1 target for sporting director, all in the papers. Manchester United want Aletico Madrid's sporting
Manchester United target £20m Diego Godin transfer, Arsenal

---

Leeds United mocked Swansea City on Twitter after beating them 2-1 on Elland Road Wednesday. The surprising defeat of Norwich City at Preston meant that the whites returned to the top of the championship after a duel by some margin.
Leeds United 2-1 Swansea City: Marcelo Bielsa's side top of

---

Chelsea Have No Plans to Fine Kepa Arrizabalaga After Carabao Cup Row With Maurizio Sarri ?Chelsea have no intentions of punishing Kepa Arrizabalaga after the goalkeeper dramatically refused to be substituted during the side's Carabao Cup final clash against Manchester City.
Eden Hazard Says Chelsea 'Are Playing For' Maurizio Sarri

---

Chelsea new striker Gonzalo Higuain reveals who he wants to play with at Stamford Bridge It was a wonderful season and one in which I broke the goalscoring record, which is very important out
Gonzalo Higuain - Football News Today

---

Raul Jimenez has again come under fire for donning a mask after scoring in the FA Cup semi-final, this time from Watford legend Luther Blissett. The Mexico international was criticised afterwards by Watford captain Troy Deeney, who called Jimenez a 'loser' for wearing the mask.
News list for raul jimenez mask celebration labelled

---

Chelsea news: Fans stuck at Luton airport and face race against time to make Europa League finalSource: Talk SportPublished on 2019-05-29
Chelsea fans stranded at Luton Airport with lengthy flight

---

Jack Wilshere comes in as Pellegrini makes one change - Predicted West Ham XI vs Southampton. Manuel Pellegrini has, for once, plenty of options available to him for a matchday 18
Manuel Pellegrini excited for Jack Wilshere return - Sports Mole

---