1. ITV Report

Laurence Bassini applies for court order to block Bolton Wanderers sale

Credit: PA

Businessman Laurence Bassini has stepped up his bid to take control of Bolton Wanderers.

It's understood he applied for a court order yesterday to block the sale of the club, which was imminent.

The club's administrators say it's an outrage.

It is with a combination of outrage and disgust that I have to inform Bolton Wanderers fans that the deal to sell the club to Football Ventures has been temporarily suspended in the last hour.

Late this afternoon, we were informed by lawyers acting for Laurence Bassini that he had been awarded a court order attempting to prevent the sale of Burnden Leisure Limited, part of an action against a company owned by Ken Anderson.It beggars belief that Mr Bassini, a man who publicly professed to care passionately for the club, has now, through his actions, threatened its very existence.

Despite a long and hugely complex process of negotiation, we were finally on the brink of completion this afternoon when Bassini’s order was served.

Our lawyers are now in conversation with Counsel in a bid to overturn the order immediately.

– Paul Appleton, joint administrator for Bolton Wanderers