Following the news that the takeover of English League One club Bolton Wanderers has been completed, the English Football League has released the following statement.
Debbie Jevans CBE, EFL Executive Chair, said: “On behalf of the EFL Board, I am pleased that the administrators appointed in respect of Bolton Wanderers Football Club have today concluded the transfer of assets with Football Ventures to place the Club under new ownership and out of administration.”
“Having worked closely with the administrators since their appointment in May, the EFL has been focused on working through this difficult and complex period of uncertainty with all parties.”
“Following the completion of the sale, the Club is no longer in administration and the notice of withdrawal issued as per the EFL’s insolvency policy has been cancelled.”
“These past few months have undoubtedly been challenging and, at times fraught – never more so in the past few days – and I would like to thank all parties for their efforts in achieving the desired outcome.”
“I would also like to place on record my grateful appreciation and thanks to the players, former and present management, staff and supporters for their patience and understanding in allowing us to get to this point.”
“Everyone at the EFL is now looking forward to working with the new ownership during the 2019/20 campaign and beyond.”