The report claims that a consortium led by Dean Holdsworth is nearing a takeover of Bolton Wanderers and their first plan after paying a £3million tax bill is to replace boss Lennon with Phil Brown.
Lennon joined Bolton from Scottish champions Celtic last season, yet despite an initial improvement, on-field development has been seriously hindered by the club’s crippling financial situation.
The Trotters currently lie in the bottom three having spent all season looking odds-on favourites to go down, and change is most certainly necessary for the club to get out of the hole they’re in.
Lennon hasn’t exactly done a terrible job in managing Bolton, yet performances for the large part haven’t been great and a change in managers could be deemed understandable amid an immediate takeover.
Brown, the man tipped for the job according to The Sun’s report, knows the club inside out having spent a number of years as Sam Allardyce’s number two during their Premier League days.
The former Hull City boss has moved around since leaving the Macron Stadium, and his current position sees him guiding Southend to a respectable League One position following promotion from League Two via the playoffs last season.
The 56-year-old has had to rebuild his career at Roots Hall, and now a deserved return to the upper echelons of the football league period could be in store.
Bolton are in desperate need of consolidation on and off the pitch, and with the way things are going a demoralising relegation to League One could end up setting the club back even further.