We have agreed a letter of intent, so the deal is agreed.". Fresh takeover update emerges at Wigan Athletic. "If they find anything obvious where you could categorically say no, we can remove from the process. Wigan Athletic boss already knows who he wants to keep Wigan Today 10:42 9-May-21. A message to our supporters... Wigan Athletic FC - Official Site 11:02 9-May-21. Covid-19 Latics TV Store Buy Tickets Search. The second crowdfunder “Save Wigan Athletic”, which raised a current total of £656,620, was established in order to secure a stake in, or takeover of the club should a buyer not be found. (Left to right) Dean Watson, Gerald Krasner and Paul Stanley of Begbies Traynor, administrators of Wigan Athletic (Image: Create Photography) Paul Stanley, who is working alongside Gerald Krasner and Dean Watson at Wigan Athletic, has provided an update on the current takeover saga. "We were able to go into the January transfer window not needing to sell any of the key assets because the big thing that we want to do is stay in the division.". Granada. Microsoft and partners may be compensated if you purchase something through recommended links in this article. "They are checking the personnel involved - both domestic and overseas - and assessing if they can find anything obvious. By Simon Stone BBC Sport. The Bahraini-funded group Phoenix 2021 are set to complete the takeover of Wigan Athletic. The League One strugglers should finally emerge from their administration nightmare after a … Profile. Sport. Corner, Wigan Athletic. 03/02/2021. A points deduction meant Wigan dropped into League One and it has been a struggle all season for them, with many senior players departing, manager John Sheridan moving to Swindon Town and a takeover bid from Spaniard Felipe Moreno falling through when he tried to change the terms of the deal. I don't really see how this can be a quick process because a lot of what the EFL are trying to check is like a negative. The last eight months have been an extremely difficult period at the DW Stadium due to the sales of highly-valuable assets and key players from the club's promising academy and first-team set-up. The DW Stadium, home of Wigan Athletic (Image: PA) Sign up to FREE email alerts from BusinessLive North West. Wigan Athletic's administrators have announced they have agreed a deal for the sale of the club. I think there was five when we reported last week … "The process is not easy. After the Spanish bid was confirmed to have been aborted, the Begbies Traynor administrators behind the club said they had been approached by 38 individuals or groups looking to buy the club. Wigan Athletic, who currently sits two points adrift from safety in the third-tier, have been in administration since July. The Latics may finally be saved though thanks to a Bahraini group who look to have struck a deal with Gerald Krasner and co. Their interest was first reported in January by Nixon, and just a few weeks ago Wigan Today stated that a group were understood to be undergoing ‘preliminary checks’ with the EFL – thought to be the Bahrainis. A group fronted by former Manchester United and Everton star Darron Gibson has emerged as the new favourite to buy League One side Wigan Athletic, Matt Slater can reveal. Despite administrator Paul Stanley telling Wigan Today on Thursday that talks with the Bahrainis had gone ‘very cold’, the Latics’ Supporters Group released a positive update yesterday, saying that they’d spoken directly to a representative of the consortium and that they’re ‘optimistic that a successful conclusion can be reached’. A Spanish consortium whose takeover of Wigan Athletic was rejected by the EFL this week are still pushing to purchase the club, according to Alan Nixon of The Sun. Latics were also able to fend off interest from Championship clubs for defender Tom Pearce and star striker Kyle Joseph, in addition to renewing the contract of speedy winger Viv Solomon-Otabor. "There are three people who are talking to the EFL. Incoming chairman Mr Talal Al Hammad said that the takeover is the start of a new era at Wigan Athletic and that he feels excited to take up the challenge. Talking Point: Should local lockdowns be reintroduced to stop the spread of the Indian variant? Bahrain-based group in Wigan takeover talks. I think there was five when we reported last week who were looking at the data, and looking if they might be serious." In the January transfer window, Wigan Athletic were able to strengthen and add vital experience to their squad following the additions of Tendayi Darikwa, Zach Clough, George Johnston, Corey Whelan, Funso Ojo, Curtis Tilt, Scott Wootton and Jamie Proctor. It has been widely reported that the figure that must be shown to the EFL is between £6.5 and £7 million. The Wigan Athletic Supporters Club have issued an update regarding the planned takeover of the League One club and why it has not been backed … Hammad said that the fans have stayed with the club through a very dark period and the ownership group will do all they can to make sure the future of Wigan is a much healthier and stable one. The League One side’s future is hanging by a thread after their proposed takeover was blocked by the EFL after the Spanish bidders did not meet League requirements. "There are three people who are talking to the EFL. "I understand why the EFL's job isn't easy and I understand why they want people investigating.". The EFL appear to be acting extremely cautious when examining any potential bid after they came under fire last July for allowing the previous owners to take over and put the club into administration within the space of four weeks. Share ; By. Paul Stanley, who is working alongside Gerald Krasner and Dean Watson at Wigan Athletic, has provided an update on the current takeover saga. Jose Miguel Garrido Cristo, who had been the UK-based spokesperson for the Spanish group throughout, revealed that the bid had hit a stumbling block when trying to gain the seal of approval from the EFL. Stanley has hinted that one group appears to be the front-runner, although there are several other serious bidders interested too. The Latics have been in administration since July when then-owners ‘Next Leader Fund’ failed to invest money that had been promised. Jon Robinson. When you … Wigan Athletic new board revealed after takeover completes. (Source: Reuters) English Championship club Wigan Athletic have gone into administration less than a … “It’s slow progress” – Wigan administrators give takeover update. 6 December 2020 . Microsoft and partners may be compensated if you purchase something through recommended links in this article.
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