sport news Prospective Bolton buyers ordered to show £25m for proof of funds

Prospective Bolton buyers ordered to show £25m as proof of funds after collapse of Laurence Bassini takeover Bolton Wanderers were placed into administration earlier this month Administrators Hilco Global have set the parameters for a potential sale Interested parties will also have to pay a non-refundable deposit of £25,000

By Andy Hampson, Press Association Sport

Published: 00:14 BST, 23 May 2019 | Updated: 00:14 BST, 23 May 2019

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Anyone wishing to buy Bolton will need to prove they have at least £25million to take control of the club.

Wanderers have been placed into administration after a takeover by former Watford chairman Laurence Bassini collapsed earlier this month.

The stipulation was made by administrators Hilco Global, who have set the parameters for a potential sale.

Anyone wishing to buy Bolton will need to prove they have at least £25million to take control

Anyone wishing to buy Bolton will need to prove they have at least £25million to take control

Interested parties will also have to pay a non-refundable deposit of £25,000 and sign a non-disclosure agreement.

Joint administrator Paul Appleton

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