THE final touches were being put on Ken Anderson’s share buy-out at Wanderers last night, which will see him effectively become sole owner of the club.

The former football agent has agreed a deal to purchase Dean Holdsworth’s 40 per cent stake and was waiting for a letter of confirmation from Blumarble – the finance company which funded Sports Shield’s involvement in the March takeover – before being able to sign on the dotted line.

Blumarble's loan is secured against club assets, most notably the stadium, and permission must be granted by the company to allow Holdsworth to sell his stake.

As The Bolton News went to press last night, it seemed the deal would be given the go-ahead - which will come as a major relief to supporters, just two days after Anderson admitted administration was being considered.

Anderson had offered to fund Wanderers on an equal footing with Holdsworth until the end of the season but after that plan was turned down by the former striker, a complete buy-out was deemed the only option to prevent major financial problems surfacing once again.

A meeting has been pencilled-in with the Football League on Thursday to present a business plan, with outstanding accounts for 2015 expected to be be signed off by auditors Deloitte quickly afterwards.

“We have agreed a deal in principle,” Anderson told The Bolton News yesterday evening. “Now we are just waiting on a couple of final things to go through before anything is signed.”

The exact amount paid by Anderson to Holdsworth for his stake in the club is, as yet, unknown but was described by the chairman last night as “way over the odds and against advice.”

Holdsworth issued the following statement last night, confirming the situation.

"I have been assured by Ken that once the sale has happened, the funds are in place to keep the club progressing for the future.

"I am proud to have helped the club survive the last season from its perilous position, and whilst I will be sad to leave my position as a director, it is important for me that I stay on at the club as an ambassador.

"The team, on and off the pitch will be secure and are in a great position to gain promotion back to the Championship this season"

Anderson has also confirmed that Wanderers have recently a historical debt to a number of player agents which, at one stage, looked set to mean legal action.

“We have sorted a deal with the agents who were owed money and renegotiated a few things which saved the club around £250,000,” he added.

Meanwhile, Wanderers now officially have the tightest defence in the top seven tiers of English football.

Following the 1-0 win over Northampton Town on Saturday, Phil Parkinson’s side have conceded a paltry 0.6 goals per game in their 20 matches played so far, edging out Championship Brighton (0.61) and National League South Maidenhead (0.68).