Bolton Wanderers Supporters' Trust (BWFCST) has launched its own bid to buy the financially-troubled Championship club.

The Trotters are £172.9m in debt, owe HM Revenue & Customs £2.2m and are currently under a transfer embargo.

"We have expressed our commitment to help lead an acquisition, in conjunction with local institutions and businesses, from whom we have received a very positive response," said BWFCST in a statement.

"Our objective is to raise sufficient funding to secure the future of the club for the benefit of the supporters, the community and the town.

"We have requested immediate access to management and financial information and preferred bidder status."