It has been a turbulent year for Bolton Wanderers, as the club were relegated from the Championship last season and went into administration in May.
Things have begun to move in the right direction, however, as it has been announced that Football Ventures have been confirmed as the preferred bidder for the acquisition of the North West club.
Focus is beginning to shift back to football and the season ahead in League One, and, according to Sun journalist Alan Nixon, manager Phil Parkinson will stay on as the Trotters boss if Football Ventures close the deal.
The club will begin next season with a 12-point deduction after they went into administration in May and the main target will surely be ensuring the club is not relegated to League Two next season.
With that in mind, we have examined TWO pros and TWO cons of the 51-year-old remaining in charge of the club...
2 Pros
He knows the club
Bolton begin their League One season against Wycombe Wanderers in just 29 days so it makes sense to keep Parkinson in charge and focus on building a squad, rather than have to bring in a new manager.
Parkinson joined the club in summer 2016 and given his experience at the helm over the past three years, he is probably the best placed to know what changes are needed to be made for the Trotters to succeed next season.
He has experience getting them out of League One
The Englishman joined at the beginning of the 2016/17 season and wasted no time in getting Bolton promoted from League One.
His side finished second in their debut season, behind only Chris Wilder's Sheffield United, conceding the least goals in the league as they sealed a return to the Championship.
Parkinson proved in that season that he knows what a team needs to do to succeed in the third tier of English football and he will have to use that knowledge to ensure the Trotters stay there next season.
2 Cons
The side played poorly under him last season
Given the financial issues that have been going on behind the scenes at Bolton, the blame does not lie entirely at the manager's door but there is no escaping the fact that his side were very poor last season.
Parkinson's side conceded the second most goals in the Championship and scored eight fewer than any other team last season, and fans seemed disenchanted with his style of play by the end of the season.
A new boss could provide the club with a fresh start
The acquisition of the club by Football Ventures could have been the ideal time for the Trotters to start fresh with a new manager and a new philosophy, in order to try and leave the events of the past 12 months behind.
Football Ventures are understood to have opted against that and there is certainly a worry that nothing will change under Parkinson next season and Bolton's downward spiral will continue.