Ian Lenagan welcomes Wigan Athletic takeover development

A Bahrain-based consortium have secured the purchase of the League One club, subject to EFL Board approval.

The incoming chairman, Talal Al-Hammad, and the administrators in charge of Latics announced the development on Monday evening. They expect the takeover to be completed by the end of this month.

"We are delighted, without a doubt," said Wigan's majority owner Lenagan, a former chairman of the EFL and Oxford United.

"Survival of Wigan Athletic has been paramount.

"We are quite happy to support the club and the new owners going forward."

Last summer, Lenagan had hoped of attracting investors for a 'Wigan Sporting Partnership' along with Darryl Eales and Gary Speakman, which would have seen the clubs continue to run independently under one umbrella. And though a bid didn't materialise he revealed last week trying to secure Latics' future has taken "25 per cent of my time".

The Warriors have a lease arrangement to play at the DW Stadium and Lenagan expects their existing arrangement to continue under the new ownership.

Meanwhile, England coach Shaun Wane - a proud Wiganer - was delighted to learn Latics had secured their future.

He added: "I'm really pleased, there are some really good people involved at the club and I'm so glad they've got their future secured and they can move forward."