Wigan face fresh crisis after Spanish bid is rejected

London (AFP) – 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.

25+ Channels With Sports & News
  • Starting price: $33/mo. for fubo Latino Package
  • Watch Premier League, Liga MX, MLS & World Cup
  • Includes ESPN, FOX, Univision, TUDN and more
Favorite Leagues At The Best Price
  • Starting price: $7.99/mo. for Live TV Package
  • Watch Argentine league, Brasileirāo and Copa Libertadores
  • Includes beIN SPORTS, GolTV, TyC Sports and more
Many Sports & ESPN Originals
  • Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
  • Features LaLiga, Bundesliga, MLS, Copa del Rey & more
  • Also includes daily ESPN FC news & highlights show
Live TV, Soccer & Originals
  • Starting price: $4.99/mo.
  • Features Champions League, Serie A, Europa League & more
  • Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
  • Starting price: $4.99/mo. for Peacock Premium
  • Watch 175 exclusive EPL games per season
  • Includes Premier League TV channel plus movies, TV shows & more
Get All 3 And Save 30%
  • $13.99/mo. for ESPN+, Disney+ & Hulu
  • Includes Bundesliga, LaLiga, NHL & the home to UFC
  • Features Marvel, Star Wars + shows & movies for your entire family

Leave a Reply

Translate »