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Bolton Confirm They Remain in Takeover Talks in Attempt to Avoid Liquidation

Bolton Wanderers have confirmed that they remain in negotiations with a potential buyer, as they fight to avoid liquidation.

The club confirmed on Monday that their initial takeover bid had collapsed, and they had until 5pm on Tuesday to finalise a deal or their EFL status would be revoked, which would ultimately force the club to cease trading.

Fortunately, they have now taken to their official website to post a statement from joint administrator Paul Appleton, in which he claims to still be working on a solution before the deadline on Tuesday.

Appleton said: "Following my statement of yesterday morning, I am glad to report there is continuing dialogue between the parties whose positions will ultimately decide the fate of the club.