League Championship side Bolton Wanderers was "expected to slip into administration on Tuesday" after Chair Ken Anderson "failed to settle a dispute over a loan repayment," according to Mark Critchley of the London INDEPENDENT. The club faces a 12-point deduction after Anderson claimed to have had an "eleventh-hour offer" of £4M ($5.2M) plus "substantial interest" rejected by financier BluMarble. Bolton will become the first English Football League club to fall into administration in five years and the first since the league's standard penalty for administration was raised from 10 points to 12 in '15. Anderson, who also claims Bolton faces "the prospect of a two-year transfer embargo," warned BluMarble on Monday that it would "live to regret" a decision which does not "make commercial sense." He said in a statement, "I am very disappointed that Stuart Wilson and Michael Henson of BluMarble Capital Ltd have decided to reject my offer to repay the loan they originally made to the club through Sportshield Ltd and place the club in administration. The amount received by the club was £4m and I offered to repay this plus substantial interest. Unfortunately, this offer was rejected" (INDEPENDENT, 9/11).
