Bolton have announced the appointment of Paul Appleton and Asher Miller of David Rubin and Partners as the club's joint administrators.
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.
"The decision was finally made for the appointments which it is hoped will ensure the continued existence of the club, one of the founding members of the Football League," read a club statement on their official website.
"It has got to the stage where the Trust could not sit back and allow the club to go into liquidation. Decisive action had to be taken and the Trust believes the decision is in the best interests of Bolton Wanderers."
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Former Wigan defender Juan Carlos Garcia has died at the age of 29 following a battle with leukaemia, the League One club have announced.
Garcia had been diagnosed with the illness in early 2015 and remained in England until returning to his native Honduras towards the end of last year.
He had joined Latics from Olimpia on a three-year contract in 2013, following the path previously taken by fellow Honduras internationals Maynor Figueroa, Wilson Palacios and Hendry Thomas.
Though he would make just one appearance for Latics, against Manchester City in the League Cup, he featured in two of his country's games at the 2014 World Cup.
Wigan chairman David Sharpe said on wiganathletic.com: "This is such tragic news and we send our deepest condolences as a club to Juan Carlos' family and friends who have had to sit by and watch this sad story unfold over the past few years.
"We have offered what support we can but, despite the best possible treatment at Christie's Hospital, Juan Carlos has tragically not been able to beat this terrible illness.
"At just 29 years old, he was far too young to be taken and our thoughts are with his family at this sad time."
Wigan will hold a one minute silence for Garcia prior to Saturday's fixture with Peterborough.
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