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.

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.

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.

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.

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.

Bolton Wanderers was a founder member of the Football League in England in 1888.Bolton Wanderers' match against Brentford on Saturday has been called off after players decided to boycott their remaining Championship fixtures over unpaid wages at the second-tier English club, although the English Football League (EFL) has instructed the club to rearrange the match "at the earliest opportunity" and complete its fixture list for the season.