Wigan Athletic: Spanish takeover approaching.

by Connor Williams

Wigan Athletic administrators say the club has reached an agreement with a Spanish bidder to purchase the North-west based club.

Wigan were sadly relegated from the Championship last season after they went into administration and therefore received a 12-point reduction.

Begbies Traynor did confirm that a substantial deposit has been received, the bid also includes a payment to the creditors. This means the League one side would avoid a 15-point reduction this season as well.

The Latics put an official statement on the website saying: “We are pleased to announce that we have reached agreement with a preferred bidder from Spain

“The offer that has been accepted deals with not only the sale of the club but also allows the payment to non-football creditors to avoid the 15-point penalty this season

“Also, a substantial deposit has been received.

“We are now working with our lawyers and the bidder to produce all of the necessary paperwork to submit to the EFL so that successful transfer of the football share can be made at the earliest opportunity.

“The preferred bidder who has experience in football has made it plain that they do not wish for their details to be made public until such a time as the sale is completed and we are respecting this anonymity. No further details will be released until the EFL approval has been obtained.”

This will come as good news to the Lancashire clubs fanbase as the supporter’s club have been raising money for months for their beloved club. Their fundraising looks to be closing in on £900,000.

While the plan was to have Wigan become a supporter’s club the fans will still be hoping to have a large input in the club.

Caroline Molyneux, head of the Fans’ group, told the Wigan Observer that she hoped someone who can financially support the club would come forward and that the idea of being a fan-owned club was nothing more than a plan B.

The Latics find themselves in 17th place in League One with a win over Portsmouth to their name.