Phil Gartside, the chairman at Bolton Wanderers Football Club has died from cancer at the age of 63.
Gartside had been in the role for 16 years, after joining the board in 1988.
He spent 10 years as chairman while the club enjoyed Premier League success and two Uefa Cup campaigns.
The Championship side's vice chairman said in a statement:
"Phil has been a personal friend for more than 30 years. This is a very sad day for everyone. We send our deepest condolences to all Phil's family."
Football executive Trevor Birch took over Bolton's negotiations from Gartside recently after his health worsened.
Birch has been trying to to find a buyer as owner Eddie Davies wants to sell, with the club £172.9m in debt.
Bolton Wanderers Supporters' Trust wants to buy the financially-troubled club, who are second bottom of the Championship.
Bolton Wanderers Football Club has released a statement saying that, due to the ongoing uncertainty surrounding the club’s current funding position, it has been unable to confirm to its staff today whether they will receive their wages for the month of January.
"Every effort continues to be made by the board of directors and its advisers to pay staff and also resolve the longer term funding issue during what remains a difficult and challenging time for the football club."
Botlon Wanderers have confirmed the club's players were paid for December but could yet be sold as the club tries to re-balance financially.Read the full story ›
Neil Lennon will continue as Bolton manager after the club investigated him following allegations in a leading Sunday newspaper.Read the full story ›
Bolton Wanderers have confirmed they have been served with a winding-up petition from HM Revenue and Customs over an unpaid tax bill.Read the full story ›
Bolton Wanderers manager Neil Lennon has paid tribute to the club's chairman Phil Gartside who is 'seriously ill'.Read the full story ›
Republic of Ireland coach Steve Walford has been confirmed as the new assistant manager at Bolton.
The Sky Bet Championship club were looking for a new number two to Neil Lennon after Johan Mjallby left for family reasons and have elected to go with one of Ireland manager Martin O'Neill's long-time confidants.
Bolton manager Lennon said:
"He's worked with Martin O'Neill for the last 20-25 years. I had 10 years under him as a player with him, Martin and John Robertson."
"He's currently first-team coach with Republic of Ireland, and he will continue those duties."
"He knows the way I work. He knows my personality and vice versa. He's got a wealth of experience, from League One, League Two, Championship, Premier League, Scotland, Europe, Champions League, international level - he's coached at every spectrum of the game."
"I'm very fortunate that he's agreed to come and really grateful for Martin for giving us this opportunity as well."
"We've kept in touch over the years. I've got a huge respect for him, he had a huge influence on my career, as did Martin. I basically learned the top end of the game from them guys. He's looking forward to the challenge - it's fantastic for us."
Liverpool have made their third signing of the summer with Bolton goalkeeper Adam Bogdan, another free agent, agreeing terms.
The 27-year-old Hungary international's contract with Wanderers, for whom he made more than 100 Premier League appearances, expires at the end of the month and he will officially join the Reds on July 1.
Bogdan's arrival follows that of Manchester City midfielder James Milner and Burnley striker Danny Ings, also both out of contract.
Bolton Wanderers have confirmed Eidur Gudjohnsen will wear number 22 when he returns for the club.
The popular Iceland striker was a hit in his first spell at Wanderers, and the club have welcomed him back on social media.
Sorry, this content isn't available on your device.
Bolton have confirmed the signing of veteran striker Eidur Gudjohnsen for the rest of the season.
The 36-year-old, who previously played for Wanderers between 1998-2000, has been training at the Macron Stadium for the last month and boss Neil Lennon said on Thursday that an agreement was imminent.
And the club confirmed on their Twitter account on Friday morning that a deal had been struck, saying: "BWFC have completed the signing of free agent Eidur Gudjohnsen on a deal until the end of the season."
Bolton are now waiting for international clearance to see if the Icelandic forward, who went on to play for Chelsea and Barcelona after his stint with Bolton, will be available for Saturday's Sky Bet Championship trip to Reading.