Third-tier club Bolton Wanderers, who faced being expelled from the English Football League if a takeover was not completed in two weeks, have been sold to Football Ventures (Whites) Limited, administrators said on Wednesday.

The sale comes just a day after fellow League One side Bury were expelled from the EFL with no possibility of appeal for reinstatement.

"We are excited to begin restoring this magnificent football club to its rightful position, securing its future for the fans, the loyal club...

BURY, England -- The bailiffs turned up to collect the treadmills from Bury's training ground last Friday. Considering that the League One team's players had been paid six weeks' wages by the club over the past six months, there was no surprise among the squad to see the debt collectors take away the most basic of equipment, but it was a grim warning of what was to come. "The bailiffs took the anti-gravity treadmill, too," Bury defender Tom Miller told ESPN FC as he waited for news on the club's...

Bury, one of English football's oldest clubs, were expelled from the Football League on Tuesday after failing to resolve their financial problems or find a new buyer, the EFL said in a statement.

C&N Sporting Risk pulled out of its proposed takeover of the League One side just a few hours before the deadline to meet the league's requirements.

Bury joined the Football League in 1894, nine years after they were founded, and won the FA Cup in 1900 and 1903. They are the first team to be expelled since...

Melbourne City still don't have a senior coach for next A-League season but they've signed their second foreign player in Craig Noone.

The 31-year-old English attacking midfielder and winger has joined from crisis-hit third-tier English League One side Bolton Wanderers, who were relegated from the Championship in April and placed in administration last month.

Noone's signing is unlikely to appease AAMI Park fans, who are desperate for the Manchester City-aligned club to loosen the purse strings...

Bolton Wanderers will begin next season in League One with a 12-point deduction after going into administration, the English Football League (EFL) said on Monday.

The EFL said it will now begin discussions with Bolton's administrators aimed at achieving a long-term future for the club whose relegation from the Championship was confirmed last month.

EFL Statement: Bolton Wanderers.https://t.co/ITcIYmig6D#EFL pic.twitter.com/zSuG7TkkIY

— EFL (@EFL) May 13, 2019

Bolton filed their notice of intention to appoint administrators last week after a winding-up order was adjourned.

Founder members of the Football League...