Laurence Bassini's bid to buy Bolton Wanderers is on the brink of collapse, reports BBC Sport.

Bassini has been confident about doing a deal to buy the relegated club from Ken Anderson, even after a repeated failure to provide proof of funds last week.

It seems Bassini is no nearer doing a deal so, unless there is another twist, it looks likely that Bolton will be going into administration at some point in the next 24 hours.

They are due back in the High Court on Wednesday over an unpaid £1.2m tax bill.

The winding-up petition brought by HM Revenue & Customs, who are owed £1.2m, has already been adjourned twice.