CHESHIRE businessman Parminder Basran hopes to be in charge of Bolton Wanderers by the end of the week after agreeing a £27million deal.
Wilmslow-raised Basran made his money through investment deals with strong links to football through sponsorship work.
Basran’s family also made fortunes in the catering industry and his team hope to bring expertise in all fields, with former Rangers and Nottingham Forest boss Mark Warburton on the football side.
The deal to buy out owner Ken Anderson has been agreed at around £27m and the club’s debts will be paid off out of that.
Bolton confirmed the sale was agreed and insiders reveal the process could be concluded this week before the players are due to be paid.
It is a massive lift for Wanderers who have been fighting financial troubles all season.
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A winding up order from HMRC also forced Anderson to sell quickly.
Boss Phil Parkinson’s position will also be reviewed.
Warburton is set to take a director of football role and could appoint a new coach shortly.
The Trotters lost 2-1 to Leeds on Saturday to leave them in the Championship relegation zone.