Bolton will allow Heidar Helguson to join Norwich City on a season-long loan after signing Poland striker Ebi Smolarek from Racing Santander.
Ipswich and Charlton were considering bids for the 31-year-old Iceland international, too, but Norwich boss Glenn Roeder moved quickly for the former Watford and Fulham striker.
Bolton have also allowed Switzerland midfielder Blerim Dzemaili to join Torino.
The 22-year-old signed last summer but never started a match.
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Baroness Warsi: Some Pakistani men think young white girls are "fair game" for sex abuse
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London gang stabs football fan to death after Chelsea FC win Champions League - and father is knifed as he runs to help
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'Not from the same species': North London park stalker Ali Koc was raging after having benefit cut off
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Parking tickets soar as Camden council removes a mile of yellow lines and replaces them with signs
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City Hall gives £30,000 golden goodbye to Tory Brian Coleman after he lost London Assembly vote
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Public enemies: why Prince Harry and Pippa Middleton's favourite nightclub has closed
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London's latest Banksy: graffiti artist's new work gets protection
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Video: Random act of kindness cyclist says he could not stand by and watch homeless man rummage through bin for food -
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