Bolton Wanderers are bringing in former Burnley supremo Neil Hart as chief executive.
He will succeed Andrew Gartside and try to help owner Sharon Brittan sort out their financial issues.
The club's accounts revealed a new £5million loan to prop them up, reports The Sun.
Bolton endured a shocking decline after relegation from the Premier League in 2012, dropping down to League Two eight years later.
Ian Evatt's side finished third in the fourth tier last term, earning automatic promotion to League One.