Wigan Athletic could be rescued before the end of July with administrators claiming to have shown fifty of interest in buying Championship club
- Champion side Wigan Athletic could be saved by the end of this month
- Administrators claimed to have been interested in the club
- Ian Lenagan, the chairman of Wigan Warriors, said he plans to make an offer
Wigan Athletic could be saved before the end of this month.
Administrators claimed to have had 50 expressions of interest, three of which had already provided evidence of the £ 10 million it took to buy the club.
And the town’s rugby league club chairman, Ian Lenagan, said they intended to bid on the neighbors they share DW Stadium with.
Financially troubled champion side Wigan Athletic can be saved in late July
Gerald Krasner, of the administrators of Begbies Traynor, said he wanted “to have an outline agreement by the end of the month.”
It would then take three to four weeks for EFL approval to be obtained.
The Championship club has appealed an automatic 12-point penalty for entering the administration and their case seems to have received an unlikely boost after a strange statement from their owner.
Administrators claimed there were 50 expressions of interest in purchasing Wigan
Au Yeung Wai Kay claimed that the Covid-19 pandemic had made the decision to manage the club. That statement seems bizarre, as the purchase took place in late May when the global crisis was well underway and after football was suspended.
In any event, his comments may contribute to an appeal against the points deduction which, according to Krasner, had already been filed.
But on Tuesday evening, the EFL released a statement saying it “fundamentally disagreed” with Au Yeung’s comments.
It added: ‘While it is clear that Covid-19 has undoubtedly presented significant financial challenges to the professional game, evidence of the required source and sufficient funding to invest in or otherwise make available to the club was provided as part of the recent change of control. ‘
Ian Lenagan, president of rugby club Wigan Warriors, plans to bid on the club