But there is one condition for the Championship side, with Nolan's £50,000-a-week wages potentially providing a stumbling block.
Indeed, the Mirror suggest West Ham may have to subsidise some of the 33-year-old's wages should he complete a move to the club he previously spent 12 years at. Nolan is said to want more game time, which would likely be provided at Neil Lennon's Bolton team.
Should West Ham pay up?
For all Nolan's service at Upton Park down the years, West Ham fans appear to have completely run out of patience with him.
But is the need to offload the 33-year-old so great that the Hammers should pay part of his wages?
Nolan can still no doubt offer plenty to a Championship side, especially a club close to his heart like Bolton. The fact he is demanding more game time, though, doesn't quite add up considering his struggles at West Ham last season.
At the same time, his struggles shouldn't be an excuse for the east London club to continue to pay him once he leaves...