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Bolton avoid administration and point deduction

Bolton were potentially facing a 12-point deduction. Credit: PA

Bolton have avoided administration after agreeing a deal to pay off their main creditor, chairman Ken Anderson has announced.

Anderson had warned the Championship club faced administration after an initial offer to repay BluMarble Capital Ltd was rejected.

But he issued a statement on Wednesday afternoon which read: "I am pleased to confirm that the loan from Blu Marble Capital Ltd has been repaid.

"I am also pleased to be able to confirm that the loans to both PBP (Michael James) and Brett Warburton have been extended on better terms for the club.

"I was also able to reschedule and reduce a number of other club liabilities which in all have reduced future costs and liabilities by circa £1.5million."

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Allardyce adamant he wants to stay as Everton boss

Allardyce wants to stay at Everton. Credit: PA

Sam Allardyce is adamant he wants to remain as Everton boss beyond the end of the season.

The Toffees are 11th and sit one place behind weekend opponents Brighton, with their away form still a major cause of concern for Allardyce.

Reports over the weekend suggested majority shareholder Farhad Moshiri could even try to tempt Arsenal manager Arsene Wenger to Goodison Park over the summer if he were to leave the north London club, but Allardyce is determined to remain in post on Merseyside.

"Of course (I want to stay). These are tough times, there are times when you have to draw in, close the doors and stay focused on what you want to achieve," he said at his Thursday press conference.

"I'm having talks with (Moshiri) but (the content of those discussions) is confidential. It is my responsibility to get the team to play to the level they can play. I think when they play their best we can give anyone a game."

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