EFL Chief: Bassini Has Not Passed 'Fit and Proper' Test

  • April 14, 2019 | By Chris Mann
  • URL Short URL: http://b-ac.es/51497

EFL chief executive Shaun Harvey has revealed Laurence Bassini has not been approved to conclude a takeover of Bolton, despite claims to the contrary.

Bassini, who has gone public with his intention to strike a deal with Wanderers, last month suggested he had been cleared to make a return to English football after previously serving a three-year ban which prevented him from being in a position of authority at any club.

However, Harvey, who is due to meet with the Bolton Wanderers Supporters' Trust on Monday, admits that whilst he has held preliminary discussions with Bassini, the former Watford owner has not completed the formalities of an EFL ownership test.

"A sale has been agreed," Harvey told BBC Radio Manchester.

"We at the EFL have a process that we need to go into any time there is a change of control at any club - not just one that has been categorised as being in crisis.

"We need to ensure that the incoming owners or those going to be responsible are able to pass our owners and directors test. Ultimately, (we check) the principles behind a takeover have got the sufficiency of funds to keep the club going and we are comfortable with where those funds are coming from.

"There have been a number of purchasers who have had terms agreed at one stage or another. We don't comment on specifics but we have been dealing with Mr Bassini in recent weeks, amongst others.

"He has not subscribed to the test as yet, but if a sale to him was to proceed we would expect him to be doing that in relatively short order.

"It's an objective test. There is a set of criteria and dependent upon what the answers to the questions are, leads us to how long each application takes to process.

"Each one has to be done on an individual basis as there are many different stories that we see."

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