Ken Anderson Agrees to Sell Stake in Bolton Wanderers

  • February 24, 2019 | By Chris Mann
  • URL Short URL: http://b-ac.es/a7fde

A takeover of Bolton Wanderers Football Club is close to completion, after Ken Anderson agreed to sell his shareholding.

Anderson, who owns a 94.5% stake through his parent company Inner Circle Investments, has authorised a complete transfer back to Burnden Leisure Limited - the parent company of the club.

At the time of writing, Anderson remains the sole director of Burnden Leisure, but this latest move puts the club one step closer to new ownership, with a consortium headed by Parminder Basran and Sharon Brittan said to have entered a period of exclusivity which puts them on the verge of a deal.

Former Brentford, Rangers and Nottingham Forest manager Mark Warburton has been strongly linked with a role, although it is unclear at this stage whether he would appoint himself as the successor to Phil Parkinson or move upstairs as a Director of Football.

A statement, posted at bwfc.co.uk, read: "The Chairman is pleased to announce that an agreement in principle has been reached that will result in Inner Circle Investments selling its total shareholding in Burnden Leisure.

"A period of due diligence has now begun, once this process has been completed and the requirements of the EFL have been satisfied a further announcement will be made to supporters."

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