LAURENCE Bassini claims he will seek a High Court injunction against Wanderers’ administrators to stop the sale of the club in its tracks.

After signing a Heads of Terms agreement with a consortium headed by London-based businesswoman Sharon Brittan at the weekend, it was hoped the end of a long-running ownership saga would finally come to an end in the next few days.

But Bassini says he will throw a spanner in the works to mount a rival offer in the next 24 hours which, he claims, have pledged to pay back close to £20million in secured and unsecured creditors in one fell swoop.

It is understood the bid could involve cash from property tycoon, and Middlebrook owner, Peter Emmerson Jones, among others.

Should Bassini stall the process, there is significant concern it would leave the administrators open to legal action from the consortium previously known as Football Ventures but now operating under a new company name, and consequently extend the process.

Wasted time could also have a profound effect on planning at the club, who kick-off the new League One season in just a month and who have just a handful of senior players on the books.

Bassini says he can bring in a string of Premier League players if he gets control and – in contrast to his previous statement claiming he could get Wanderers back into the top-flight in three years – now says his latest plan is based on Championship football over a longer, five-year period.

The former Watford owner attempted to buy Wanderers directly from Ken Anderson earlier this year but did not get his business plan passed by the EFL.

Another bid made to Bolton’s administrators, David Rubin & Partners, was part-funded by West Ham vice-chairman David Sullivan.

It is strongly disputed by sources close to the deal that Bassini ever produced acceptable proof of funds and that he was asked not to be a part of the day-to-day running of the club.