BOLTON Wanderers appear to have been pulled back from the brink of administration once again after a share deal was brokered last night.

Chairman Ken Anderson claims he has agreed in principle to buy Dean Holdsworth’s stake in the club, effectively making the Switzerland and Monaco-based businessman its sole owner.

Anderson confirmed to The Bolton News yesterday that unless he could strike a deal, the club would not be able to afford staff and player salaries next month, or to pay their outstanding creditors. Wanderers’ operating costs are around £800,000 a month and they also owe £150,000 to stadium sponsors Macron for kit and equipment.

Anderson claims to have a business plan in place which will see the company trade as normal for the rest of the season, should the transaction go ahead as planned today.

It has been strongly rumoured that outside investors are poised to inject funds into the club once he becomes sole owner.

He will meet with the Football League on Thursday and is also scheduled to speak with auditors Deloitte to enable overdue accounts for 2015 to be signed off, thus avoiding a potential criminal charge.

Anderson has confirmed Holdsworth will stay on in an ambassadorial role, adding: “I am looking forward to working with him in the future.”

Former striker Holdsworth led a takeover bid earlier this year to buy the club from Eddie Davies, seeing his plan ratified at the last possible moment by The Football League.

Speaking exclusively to The Bolton News last night, the 48-year-old admitted his decision was being made with a heavy heart.

“I worked very hard to save the club,” he said. “But it is not about winning or losing for me. It is about the fans having a club to support, so we will wait and see what happens.”

Anderson had admitted for the first time yesterday that administration was being contemplated, which would carry with it an instant 12-point penalty for the club.

“It would be a last resort,” he said. “But if we do not reach an agreement there would be no alternative but to appoint an administrator.

“If I don’t put the money in, or Dean, then the club won’t get to the end of next month. Creditors and salaries are due.

“If there is an agreement, we carry on trading as normal.

“It is such a shame to be talking like this when everything else is going so well.”

The Bolton Wanderers Supporters’ Trust has said it will take a watching brief as matters unfold.

“In light of The Bolton News’ article regarding the possibility of administration, we are currently monitoring the situation and will make comment when matters become clearer,” a statement read.