Plenty of Bolton Wanderers fans have taken to social media to react to a statement from the football club, confirming that it will be placed into administration.

The football club appeared in High Court yesterday, over a winding-up petition issued by HM Revenue & Customs over an unpaid tax bill of £1.2million.

The statement confirmed that the club's owner Ken Anderson filed for administration at court yesterday and revealed that the process of appointing an administrator will be finalised very shortly, to allow the administration process to begin in due course.

Anderson had been under pressure to sell the club for weeks to save it from administration and former Watford owner Laurence Bassini was expected to complete a takeover, before his deal to buy the club collapsed after he failed to provide proof of funding.

The Bolton owner issued a statement yesterday, saying that Bassini had wasted his time, leaving him with "little or no choice" but to place the club into administration.

Plenty of Bolton fans took to social media to react to the latest club statement, with many of them confused by what the news means for the long-term future of the football club.

Here is a lot at the best reaction from Bolton Wanderers fans on Twitter...