There "may be light at the end of the tunnel" for League Championship side Bolton’s "bleak" financial situation, with the club "hopeful a takeover can be announced next week," according to the PA. Wanderers’ state was termed "increasingly perilous" by adviser Trevor Birch on Tuesday "after it was revealed Neil Lennon’s squad had yet to receive their wages for the month of November." Despite fears of administration looming at the Macron Stadium, Lennon "was able to provide a positive update on the crisis on Thursday morning." He said, "I’ve spoken to Trevor and a few board members this morning and there seems to be some green shoots of recovery now. There have been three, maybe four interested parties, and I think it’s a case of first past the post really." There "had been speculation that Wanderers could enter administration as soon as Friday if a prospective buyer was not found, yet Lennon dismissed the suggestion that they would go down that route and incur a 12-point penalty that would wipe out their entire total." Lennon: "I don’t think that’s the case at all. Trevor’s said that’s just not going to happen so it’s very good news" (PA, 12/3).
