BOLTON Whites Hotel could be the next victim of ongoing financial problems at Bolton Wanderers.

Representatives from the hotel are due in the High Court in London tomorrow to discuss the future of the business, with the possibility of a winding up petition hanging over their heads.

It is the latest in a series of blows for those who work for Wanderers owner Ken Anderson, with the club itself avoiding a similar fate earlier this month over debts owed to HMRC.

The petition against the Whites Hotel is being brought by Manchester-based events and equipment firm MCL Create, which presented the order in late February.

While the loss of the hotel would not necessarily mean the end of the club, Supporters’ Trust chairman Terrence Rigby, says it would be a massive blow.

He said: “The hotel - albeit it is not the core of the business and would probably not lead to the winding-up of the club - is a very important cash stream and would diminish the value of the club in the eyes of the court or indeed the eyes of an administrator.”

Although the football club has significant control over the venue, the hotel operates as an independent company under the name Bolton Whites Hotel Ltd, which is owned by Ken Anderson.

If the company cannot pay the debts it owes to MCL Create it will have to come up with alternative arrangements, which Mr Anderson has repeatedly been able to do in the case of Bolton Wanderers.

However, if neither of these solutions can be reached, the firm will be dissolved, meaning it would cease to do business and its assets would be sold off in an effort to pay the outstanding debts.

If this is the case, a liquidator will be appointed to oversee the sale of anything owned by the company which could used to pay off its debts.

Wanderers first took full control over the running of the hotel - then called the De Vere Whites Hotel - in 2013. Prior to that, day-to-day operations of the venue had been a joint venture between the club and De Vere Venues.

The change in ownership followed the sale of the De Vere chain, which consisted of 30 conference centre-focused sites across the country valued at £300m.

The Bolton Wanderers Football Club & Athletic Company Ltd, which owns Wanderers, was last in the High Court on April 3 over an unpaid tax bill of £1.2m.

However, the case was adjourned to heard on May 8 after the club's barrister claimed that proceedings to sell Wanderers were currently underway.