Bolton Chairman Flies to Thailand to Discuss Takeover

  • November 03, 2014 | By Chris Mann
  • URL Short URL: http://b-ac.es/439ce

Bolton chairman Phil Gartside has flown to Thailand to discuss a potential takeover from two groups - TEC-Tero and Siam Sport Syndiate.

Reports last week suggested the two companies were ready to hold talks with the Wanderers hierarchy, with a view to making a £40million offer to purchase the club from current owner Eddie Davies.

While admitting the club is open to investment, Gartside had previously rubbished speculation linking the club with a sale to Thai groups, but, speaking ahead of Tuesday's game against Cardiff City, first-team manager Neil Lennon revealed the chairman had indeed jetted out for talks with BEC-Tero managing director, Bryan Marcar.

"I don't know about selling the club, but I know Phil Gartside is in Thailand to discuss a proposition from some Thai businessmen," Lennon told The Bolton News.

"I've no idea what the ins and outs of it are - I'll know more when Phil comes back.

"I'll sit down with Phil and discuss what the situation is. I have not spoken to Phil since Friday so I cannot tell you anymore on that. It is as you were.

"My focus is on the team. I have a big enough job to do so I let the board get on with those things.

"But if it is the best thing going forward for the club then so be it."

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