Struggling Championship club Bolton Wanderers have confirmed that Dean Holdsworth has resigned from all positions he held at the club, as reported by the Bolton News.

The former striker, who spent six years at Bolton as a player, has had a number of high-profile altercations with Ken Anderson, whom he entered a joint venture with to buy the club.

Initially holding the position of chief executive, Holdsworth then moved to hold the title of Director of Football which he held for only a short time after another altercation over his contract.

Despite looking to save the financially threatened club, just 555 days after becoming the self-proclaimed ‘saviour’ he has stepped down.

This resignation comes following the liquidation of Holdsworth’s company, Sports Shield BWFC, last Monday due to an unpaid loan.

The financial difficulties suffered by the club are seen as a result of Holdsworth’s poor working relationship by many Bolton fans as the club sit bottom of the Championship table with no wins from their opening five games.

The Verdict

Whether Holdsworth was looking to save Bolton or make himself some quick money like many Bolton fans believe will never be known.

What is known, is that the 48-year-old’s time in his various management positions at the club has done nothing to benefit the Wanderers and many, including Holdsworth himself, will surely be glad it is over.

Bolton are at risk of becoming the new Portsmouth and could soon find themselves continuously dropping down the footballing ladder if their financial difficulties continue.

Unfortunately for the club, Holdsworth wasn’t their saviour, despite the club being promoted from League One last season, and they will need to find one soon if they are to avoid relegation back into the lower leagues.

What do you think Bolton fans? Are you glad to see Holdsworth go? Let us know in the comments down below!