Following their relegation into League One, Bolton have been actively looking to appoint a permanent manager as they bid to earn promotion into the Championship at the first go next season and a number of names have been linked with the hotseat at the Macron Stadium over the past few weeks.
Recently, Bolton co-owner Ken Anderson had gone on to reveal that he had interviewed three candidates and without disclosing the identity, he stated that all of them boasted promotions under their belt.
Anderson said, "We have four men on the final shortlist, and I spoke to three of them on Monday. All the candidates I spoke to have been successful at League One and Championship level and have promotions under their belt."
Cotterill has been out of work since leaving Bristol City back in January while Adkins was recently sacked by Sheffield United.
The reports claim that Cotterill is currently the frontrunner but even Adkins is being seen as a favourable choice by the Bolton hierarchy.