Bolton Wanderers' High Court tax case comes to a close as debt is paid in full

Inland Revenue officials wanted Bolton wound up after complaining that the football club owed more than £2million

Bolton Wanderers' Macron Stadium (Getty Images)

Tax litigation involving struggling Bolton has come to an end at the High Court.

Inland Revenue officials wanted Bolton wound up after complaining that the football club owed more than £2million.

But, in London on Monday, Registrar Clive Jones dismissed the winding-up petition after hearing that the debt had been paid in full.

Earlier this month, he gave the club more time to pay after being told of plans to raise cash.

Club officials subsequently announced that the Sports Shield consortium - fronted by former club striker Dean Holdsworth - had taken control. They said on Sunday that Holdsworth had been made chief executive.

Bosses parted company with manager Neil Lennon shortly after Holdsworth's consortium took control. Jimmy Phillips has been put in interim charge.

Bolton, who are bottom of the Sky Bet Championship table, slipped nearer to relegation on Saturday after losing 6-0 at Bristol City.

PA.