By Ian Herbert For The Daily Mail
Published: 22:30 GMT, 19 March 2019 | Updated: 00:59 GMT, 20 March 2019
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Bolton Wanderers face a High Court fight on Wednesday to avoid becoming only the third English club to be liquidated, with no buyer in sight and no way of paying their debts.
The club have been hit with their sixth winding-up petition over unpaid tax and VAT in 18 months, after the withdrawal of a consortium who had expressed interest in buying them.
Football insolvency experts believe the High Court’s reluctance to see a community club liquidated, like Aldershot in 1992 and Chester City in 2010, will see them avoid that nightmare outcome. The Championship team will almost certainly enter administration instead, incurring an immediate 12-point deduction.
Bolton Wanderers will be hoping to avoid liquidation as they enter a High Court battle
The club has been hit by their sixth winding-up petition regarding unpaid tax in 18 months
Sportsmail
