Bolton Wanderers 'have plans' to avoid administration - Lennon

Bolton Wanderers have "a few plans in place" to avoid administration, according to manager Neil Lennon.

The Championship's bottom club are £172.9m in debt and owe about £600,000 in unpaid taxes.

Trevor Birch has recently been appointed as a financial advisor and there are understood to be four parties interested in taking over.

Lennon said the plans could "mean doing things around the stadium and maybe selling bits off".

If Bolton were to enter administration they would automatically suffer a 12-point penalty.

"I think Trevor has a few plans in place to avoid that scenario," 44-year-old Lennon told BSports Radio Manchester.

"He's confident he can avoid that because that would mean we'd be a League One team and we'd just be fulfilling fixtures for the rest of the season."

Bolton have won just one game so far this season in all competitions

Of the parties interested in a takeover, former Bolton striker Dean Holdsworth is leading one, while former Trotters midfielder Stelios Giannakopoulos is part of another.

"What we need is someone to come up with the money and help the club out and just get us through a difficult period until January," added Lennon.

"However, what we may have to do in January is sell some assets in terms of the football side as well, that could be a realistic proposition.

"If that means getting the club through stormy waters then that's what we'll have to do.

"It's not ideal for a manager obviously for the position that we're in, but the club's future is the priority rather than the present."