Complex sentence: Blackburn agreed to release him from his contract on 11 January 2006, two days later he signed for Bolton Wanderers on a six month contract, after interest from Stuart Pearce's Manchester City failed.
Split into simpler sentences: Blackburn agreed to release him from his contract on 11 January 2006. Two days after release by Blackburn he signed for Bolton Wanderers on a six month contract, after interest from Stuart Pearce's Manchester City failed.