Former Bolton Wanderers and Wimbledon striker Dean Holdsworth will lead a group of senior football advisors working with the new board of Italian club Palermo following the club's takeover.

The Serie B side formally confirmed a takeover agreement between former owner Maurizio Zamparini and Sport Capital Group in November for the "symbolic" price of €10 (£8.75), with the new owners to pay off the club's €22.8m (£20.3m) outstanding debt.

Holdsworth was last involved in football in 2017, when he resigned as a director of Bolton after his company Sports Shield BWFC Ltd was liquidated.

Sports Shield, along with chairman Ken Anderson's Inner Circle Investments, had taken over the Trotters in March 2016.

But the 50-year-old is now set to start his advisory career in Italy with Palermo.

(Image: Matthew Lewis/Getty Images)

A statement released by Sport Capital Group said: "At a shareholders’ general meeting of US Città di Palermo Spa a new board of directors shall be nominated, with Clive Richardson as President, Emanuele Facile as Chief Executive and John Treacy as third director.

"The new board and a group of senior football advisors lead by Dean Holdsworth will be working on plans for the remainder of the 2018-19 Season with the current management team."

Keep up to date with the latest news, features and exclusives from football.london via the free football.london app for iPhone and Android .

Available to download from the App Store and Google Play