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Bolton saved as Football Ventures completes takeover

A deal to take over Bolton has been completed, with administrators announcing the crisis club's sale to Football Ventures (Whites) Limited. Bolton were on the verge of liquidation after the English Football League gave administrator Paul Appleton 14 days to either sell the Sky Bet League One club or prove they could be funded for the rest of the season. In a statement, Appleton said: "This has been one of the most complicated administrations I've been involved with, but I'm delighted to say we have finally reached a satisfactory conclusion with the sale to Football Ventures." Appleton revealed on Monday there was no money left to fund the club after a takeover bid by the Football Ventures consortium had stalled.

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