Bolton Wanderers have appointed administrators.
Paul Appleton and Asher Miller of David Rubin & Partners have been appointed as Joint Administrators of the club in the High Court of Justice.
Wanderers filed their notice of intention to appoint administrators last week after a recent winding-up order was adjourned at an Insolvency and Companies Court hearing in London.
Bolton had earlier hoped to complete a takeover deal with Laurence Bassini, but the former Watford owner has failed to provide proof of funding.
The club say it hopes the appointments will ensure the continued existence of the club, one of the founding members of the Football League.
This has obviously been a long-running situation and it is vitally important that we quickly establish the position of both the football club and the holding company.