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Bolton escape administration after owner repays loan


  • Football
  • Thursday, 13 Sep 2018

(Reuters) - Bolton Wanderers have avoided administration after agreeing a deal to pay off their main creditor BluMarble Capital Ltd, club owner Ken Anderson said on Wednesday.

Anderson had warned on Monday that the Championship outfit was facing the prospect of insolvency and a points penalty after an initial offer to repay the financial company was turned down.

   

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