Bolton players paid for December but still face threat of being sold as club tries to re-balance finances

Bolton's players will be paid for the month of December, the Sky Bet Championship club have confirmed.

The squad did not receive their wages in November while the financial uncertainty in the Macron Stadium boardroom rumbled on, and boss Neil Lennon feared a second missed pay packet could allow his players to walk away from their contracts.

But the club has now been able to raise enough cash through the sale of assets connected to the club's ground, while the PFA have also made a contribution to the wages.

Financial advisor Trevor Birch, who is working on behalf of owner Eddie Davies to broker a takeover, has stated the club "still have an immediate and critical funding requirement" as they work towards a winding-up hearing on January 18 following a petition HM Revenue and Customs issued over an unpaid tax bill.

The Macron Stadium Credit: PA Images

That could mean the sale of players when the January transfer window reopens. Birch said in a statement:

Lennon's side mustered just their second win of the season on Monday and they remain at the foot of the Championship table, four points adrift of safety.