Rock bottom Sky Bet Championship side Bolton Wanderers are expected to be issued with a winding-up order from Revenue and Customs, according to BBC Sport.
The Whites are in a serious financial struggle as they owe £600,000 in unpaid taxes and need to find £900,000 in monthly running costs of the club.
Current owner, Eddie Davies has put the club up for sale for just £15 million, with four parties interested in submitting a bid for the club.
If a takeover is not completed in the next week, then the club will plunge into administration and they could face a 12 point deduction, which would put them on 0 points this season, 16 points adrift of safety.
There is serious question of Bolton’s future and they will need to sort out their situation quickly, if they are to remain a Championship side.
The club failed to pay their players through the whole of November and are currently under takeover talks.
Meanwhile, on the pitch, Neil Lennon’s side are in dire straits too, and sit rock bottom of the Sky Bet Championship table, having only won one game all season.
The Trotters have amassed a mere 12 points from 19 league games this season, and they are in need of some serious rejuvenation both on and off the pitch to help them stay in the second tier of English football.
Bolton fans.. What are thoughts on this? How has your club got in such a mess? Let us know in your comments below!