Accountancy Age

Football tactics drawn on a blackboard

CHAMPIONSHIP CLUB Bolton Wanderers has confirmed that it faces a winding up petition from the taxman. The club, currently bottom of the Sky Bet Championship, is understood to owe HM Revenue & Customs £600,000 in unpaid PAYE and VAT. It is also believed to have debts totalling £173m. In a statement, the club said it had asked HMRC for more time to either sell up or raise additional funds – but…