Bolton Wanderers in critical position
A Championship football club owned by a Manx-based businessman could be wound up after a petition from the UK taxman.
Bolton Wanderers, which is owned by Ballasalla-based Eddie Davies, confirmed this afternoon it’s received a winding up petition from HMRC over unpaid income tax and VAT for November.
Mr Davies, who bought the club in 2003, is in talks to sell – having ploughed around £185 million of his own fortune into the side.
A spokesman for Bolton Wanderers says the club is in a critical financial position and is trying to finalise a sale or raise funds to provide a breathing space.
Sidecar competitor confident the class will return to the TT in 2027
Ramsey Swing Bridge 'a key line' for businesses
Protecting farmers from impact of climate change 'a no brainer'
Dogs to be allowed on Douglas Beach year-round as part of council trial