By Andy Hampson, Press Association Sport
Published: 11:33 BST, 3 May 2019 | Updated: 11:33 BST, 3 May 2019
Laurence Bassini claims to have taken control of Bolton despite the club's insistence his potential takeover is off.
The Championship side issued a statement on Thursday evening saying there would be no further discussions with the former Watford chairman.
On Tuesday Bassini had committed to providing proof of funds for his potential purchase to the EFL within 48 hours, but Bolton say that deadline - itself an extension on a previously agreed date - passed without the required information being shown.
Bassini, however, views the matter differently.
Laurence Bassini claims he has taken full control of Bolton despite the club saying otherwise
In a statement issued to Sky Sports News, he said: 'I have taken control of the club this morning and instructed staff not to make any further statements. I have proof of funds and a watertight contract.'
He added: 'I will be attending the Nottingham Forest game on Sunday and I will put things right at Bolton Wanderers. Ken Anderson (chairman) cannot sell the club to anyone else, he is on notice and would be in breach of contract should he try to, I am the only person who can buy Bolton Wanderers.'
An EFL spokesman said: