BOLTON Wanderers’ continuing fight to avoid administration in the High Court has been granted a further stay of execution following an adjournment until March 21.
Solicitors representing the Sky Bet Championship side appeared at the High Court on Monday to run through the plans for a buy-out of the club by a consortium led by former striker Dean Holdsworth.
Registrar Clive Jones refused a winding-up petition from HMRC, which had asked for Bolton to be wound up after over a £2.2m tax bill.
The Trotters recently announced that it had sold its training ground to Wigan Athletic.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group