BBC Manchester Sport understand that Mark Davies’ proposed move from Bolton Wanderers to Sheffield Wednesday has fallen through. It is believed that personal terms with the player could not be agreed after yesterday it was revealed that this was proving to be a stumbling block.
The two clubs recently agreed a fee and it then seemed a formality that the transfer would go ahead. Davies was left out of Bolton’s FA Cup tie at Eastleigh on Saturday, whilst he discussed a move to the Hillsborough club. He is now expected to return to Bolton, but it remains to be seen if he will play against Sheffield Wednesday this evening.
— BBC Manchester Sport (@BBCMancSports) January 12, 2016
It is something of a mixed situation for Bolton now. Although they certainly will be happy to be keeping a player of Davies’ quality for now, they’ll be disappointed not to be receiving the money that they desperate need. Their financial situation is tight, and administration could only be a few days ago. Josh Vela transferring to Cardiff City does appear to be closing in on completion, so finance from that sale will ease the pressure slightly.
Although Davies seemingly looks like he won’t be going to Sheffield Wednesday, he remains one of the highest earners at the Macron Stadium. The club will more than likely continue to entertain offers for him, purely because he is one of their more sellable assets in terms of players. Zach Clough is pondering over a move to Bristol City, which would bring a further £2million into the football club.