An EFL spokesman said:
"The EFL is disappointed by the conclusions reached by the independent Disciplinary Commission in respect of Bolton Wanderers and it is the firm view of the League that the sanction imposed is too lenient when consideration is given to all the circumstances of the case.
"Given the potential for postponements to have a significant impact on competition integrity and, following receipt of advice overnight on the reasons provided, the League will appeal the outcome in the strongest possible sense."