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Agreement on new owners for Bolton

Bolton Wanderers have been through a very difficult period, but hopefully things are now looking up with agreement for the Football Ventures consortium to take over the club. They were one of five bids received: New owners

Football Ventures is a company registered in January with the sole purpose of buying Bolton. It has satisfied the administrators that it has funding for at least two years.

The four strong consortium is led by Sharon Brittan. According to Bloomberg, 'Sharon Brittan serves as Non-Executive Director at UKCloud Limited. During a career spanning more than 25 years Sharon has completed multiple real estate development projects and now advises on investment and asset management. Her achievements included co-founder and CEO of Britannia Row Business Centre, an award-winning property offering flexible workspace solutions; CEO of One Alfred Place, a private members business club in the West End of London.'

The club went into administration at the end of last season after a failed takeover bid from the former Watford owner Laurence Bassini. The club will start their League One campaign with a 12 point deduction.

Under unpopular owner Keri Anderson staff went unpaid for several weeks and a food bank had to be set up at the Macron Stadium. The squad is currently down to six senior players. Football Ventures has pledged to pay the wages of players and staff who were not paid by Anderson in the last few months of the season.

I hope that this historic club is soon on the road to a full recovery.

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