Ex-Wigan Athletic boss David Sharpe on why Whelan family '˜had to sell' club
Sharpe stepped down from his role last month when his granddad, Dave Whelan, sold the club to Hong Kong-based company International Entertainment Corporation.
The 27-year-old said the family ploughed £10m a year into the club.
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Hide AdHe told Jim White’s Talk Sport radio show: “I’m glad my family are out of it now because the levels of finance in the Championship are scary.
“It’s only going to get worse, I can’t see a good future for Championship teams outside the parachute payment clubs.
“You’re expected to compete but financially you just can’t - it’s going to be a real struggle I feel.
“It was costing us £10m a year to keep it going, and that was just wages. And that was bottom five, bottom six wages in the Championship.
“It’s frightening, so we had to sell it - it needs good investment and hopefully that comes.”