Bolton are poised to sign Tyrone Mears and Chris Eagles after Burnley accepted a bid, believed to be in the region of £3 million, for the duo.
Both players rejected the offer of a fresh long-term deal at Turf Moor, and are now set for a reunion with former Clarets manager Owen Coyle, who brought the pair to the club.
Right-back Mears, 28, has previously enjoyed spells at Derby, West Ham and Marseille, while Eagles began his career at Manchester United and has featured for, among others, Watford and Sheffield Wednesday.
A Burnley statement said: "Burnley Football Club had hoped to persuade the players to sign extensions to their present deals.
"However, with the players expressing their desire to immediately return to the Premier League, and effectively able to leave Turf Moor for free next summer, Burnley Football Club regrettably has accepted this offer from Bolton.
"Mears and Eagles will not take part in the Clarets' pre-season friendly at Torquay today, as they look to discuss personal terms with Wanderers.
"The funds from Eagles and Mears' expected departures will be used to strengthen the squad, with further transfer developments expected early next week. Burnley Football Club will make no further comment at this time."