LIVE BLOG: Wigan Athletic administration Wednesday am press conference - how it unfolded

One of the biggest days in the history of Wigan Athletic FC began with a press conference where the administrators confirmed they have a Preferred Bidder.

Wednesday, 22nd July 2020, 11:02 am
Updated Wednesday, 22nd July 2020, 1:15 pm

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The DW Stadium

LIVE BLOG: Wigan Athletic administration Wednesday am press conference - how it unfolded!

Last updated: Wednesday, 22 July, 2020, 12:21

  • One of the biggest days in the history of Wigan Athletic FC began with a press conference at the DW
  • The administrators confirmed they have a Preferred Bidder - although would not name them
  • Contracts will hopefully be exchanged on July 31 - the same day as the club’s appeal to the EFL against their 12-point deduction

MEAT ON THE BONES...

“All bids were similar bar one. We took into account how much was being offered. Number 2, certain criteria and number 3, some of the bids were a lot more than others. We picked the bid which was most likely to happen and succeed.”

"Preferred bidder - we got to a situation. Not all bids would be the same. Two training grounds. A lot of interests from property developments. Those offers were refused. I said to all bidders if you don't have money to make full bid, we will sell one of the training grounds."

“Lastly I'd like to thank the team…8-0, who would have believed it? They have made history and will be remembered for a long time.”

“I'd like to thank the Council for the help they have given me about the DW. I'd like to thank everyone at Wigan Athletic for the help they have given me and optimism moving forward.”

“Invite gone out to Mr Yeung for interview. Mr Yeung has come back and agreed to do a Zoom interview during July.”

*Wow

“Creditors must receive 25p in the pound if played in a lump sum or 35p if in instalments, otherwise there will be a 15-point penalty. We are not out of the woods yet.”

“Estimated appeal cost is £400-500,000."

* Or Jensen Weir in layman’s terms.

"Appeal is only against 12 points. Two-year transfer ban imposed on the club. This means we can register squad of 20 or no more unless exceptional circumstance.”

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