LAURENCE Bassini wants to show the EFL he has funds of £39million to complete the purchase of Wanderers and the Bolton Whites Hotel.

In a letter addressed to the EFL board, the former Watford owner said he was prepared to meet at the league’s offices in Preston to provide proof he could do a deal.

Wanderers’ administrators have signalled their intent to begin liquidation proceedings on Wednesday if the current impasse cannot be resolved.

Talks to resolve an impasse in the Football Ventures consortium’s takeover continue – although there is scope for another bidder to make a cash purchase of the club.

Administrators confirmed this morning to The Bolton News this morning that only ONE full bid had been received to buy the club, and that it was made by Football Ventures.

A Manchester-based property buyer is also known to be interested in buying the hotel. He is thought to have ties with the Kamani family, whose BooHoo.com online fashion website has also been linked with a takeover – but denied via social media.

Bassini said in his letter: “I understand that the administrators are currently exploring a deal with Boohoo concerning Bolton Wanderers Football Club. This is extremely concerning given my repeated overtures and insistence that I have the means and ability to take over the club, including paying all creditors of the club in full.

“As you are aware, in May this year I spoke with and received written confirmation from Shaun Harvey that I had approval from the EFL to become the owner of Bolton Wanderers Football Club and that I had passed the EFL Owners’ and Directors’ Test (Appendix 3). I understand from the recent Court hearing that it is the EFL’s belief I have not passed that test.

“After reviewing Appendix 3 I do not believe that I am currently subject to any “Disqualifying Condition” and I would be grateful if you could please urgently confirm the same.

“I can supply to the EFL any such information which it may reasonably require in order to demonstrate my compliance with the requirements of Appendix 3. In addition, I believe that I am well placed to reach an agreement with Ken Anderson given my ongoing injunction concerning Inner Circle Investments.

“Given the imminent deadline in respect of the Club’s survival, I would be prepared to attend your Preston offices today at 3pm with my lawyers and an independent witness in order to provide you with evidence that I have sufficient funds available in respect of my proposed takeover of Bolton Wanderers Football Club in the sum of £39 million personally, so there can be no further dispute regarding the same.

“I appreciate that the Football Ventures are still considered the ‘preferred bidder’ by the administrators. My bid, once verified and agreed by the EFL, will result in a better outcome for creditors and staff of the club. I have therefore copied Paul Appleton into this email as I believe his attendance at the above meeting is vital given the current uncertainty regarding Football Ventures.

“I can confirm that in the event I am awarded preferred bidder status Mr Appleton in order to enable me to purchase the club, I will agree to enter into NDAs in respect of all claims which I currently have or may have in the future concerning my involvement in the proposed takeover of Bolton Wanderers Football Club.

“I look forward to hearing from you as a matter of urgency.”