Eddie Davies Trust Place Bolton into Administration

  • May 13, 2019 | By Chris Mann
  • URL Short URL: http://b-ac.es/4ef11

Bolton Wanderers will begin next season on minus 12 points after they were placed into administration by the family of the late Eddie Davies.

On Monday afternoon, it emerged Paul Appleton and Asher Miller of David Rubin & Partners had been appointed as joint administrators of both the club and Burnden Leisure Limited, five days after Fildraw Limited - the company representing the Davies Trust - submitted a Notice of Intention at the High Court.

The news effectively brings an end to Anderson's reign at the University of Bolton Stadium, with Mr Appleton and Mr Miller now in charge of negotiating with creditors and potential new owners.

In an official statement, posted at bwfc.co.uk, Appleton said the process of administration will ensure Bolton do not enter into liquidation.

"This has obviously been a long-running situation and it is vitally important that we quickly establish the position of both the football club and the holding company.

"It has got to the stage where the Trust could not sit back and allow the club to go into liquidation. Decisive action had to be taken and the Trust believes the decision is in the best interests of Bolton Wanderers.

"Everybody at the club as well as the supporters need a sense of clarity and that is what I will be seeking to provide as quickly as possible."

By making this move, Wanderers have become the first EFL club to enter administration since Aldershot Town in May 2013.

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Pos Team Pld Pts
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21 Tranmere Rovers 34 32
22 Southend United 35 19
23 Bolton Wanderers 34 14
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