League One: Wigan Athletic plunged into turmoil after talks break down with Spanish bidder over takeover

The 2013 FA Cup winners have been in administration since the start of July. The 12-point penalty they received for going into administration relegated them to League One — the third tier of English football.

Agence France-Presse January 05, 2021 20:24:32 IST
League One: Wigan Athletic plunged into turmoil after talks break down with Spanish bidder over takeover

Image used for representational purpose only.

London: Former Premier League club Wigan have been plunged into fresh turmoil after administrators broke off talks with a Spanish bidder, saying the offer had been reduced by almost 50 percent.

The 2013 FA Cup winners have been in administration since the start of July. The 12-point penalty they received for going into administration relegated them to League One — the third tier of English football.

They are currently struggling in the relegation places, two points from safety.

A statement from the club on Tuesday said administrators had ended negotiations with the bidder.

"As of 11am (1100 GMT) today, the administrators have broken off negotiations with the Spanish bidder," said a statement on the club's website.

The club said the reduced offer would effectively mean a further relegation.

"Over this weekend we received a letter from the bidder reducing the bid by almost 50 percent," the statement said.

"This would not allow us to pay non-football creditors the required 25 pence in the pound to avoid further sanctions against the club. This would result in a 15-point deduction and would effectively relegate the club to League Two."

Wigan, who were relegated from the Premier League in the same year they won the FA Cup, said they were resuming discussions with other interested parties.

The club have also been hit by coronavirus — their next two fixtures have been called off following an outbreak in the camp.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Premier League: Manchester City report three more positive cases as COVID-19 crisis worsens
Sports

Premier League: Manchester City report three more positive cases as COVID-19 crisis worsens

"Manchester City FC can confirm that Scott Carson, Cole Palmer and one member of staff have tested positive for Covid-19," the club said in a statement.

Premier League: Managers hit back over virus celebration fears while Frank Lampard plans training ban
Sports

Premier League: Managers hit back over virus celebration fears while Frank Lampard plans training ban

Players continued to celebrate goals with group hugs this week, leading one MP to describe those actions as "brainless".

Premier League: Football players must follow COVID-19 rules, says British government on hugging during goal celebrations
Sports

Premier League: Football players must follow COVID-19 rules, says British government on hugging during goal celebrations

Outbreaks at Premier League teams, forcing the postponement of matches, have heightened concerns about the avoidable and very visible close contact between players.