Wigan Athletic takeover 'end in sight'

Almost nine months of hurt could be over 'early next week' as the Wigan Athletic takeover saga moves tantalisingly close to a successful conclusion.

Saturday, 13th March 2021, 2:02 pm
Wigan Athletic have endured a miserable nine months - on and off the field

The Bahrain-based consortium are understood to be within touching distance of a deal to bring Latics out of administration, where they've been since July 1 last year.

Their plans and proposals have been approved by the EFL board, who are happy with the people and numbers involved.

Wigan Today can reveal the all-important SPA (share purchase agreement) was submitted last Wednesday.

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And with a couple of minor issues having been ironed out, there appear to be no more significant hurdles to overcome.

The Bahrain deposit has remained with the lawyers throughout, and again wouldn't be an issue.

The deal would still involve them paying the non-football creditors 25p in the pound, which would eliminate the possibility of a further 15-point deduction being applied next term.

Wigan Council have already agreed transfer of the lease on the DW Stadium, as is the case with the training ground at Christopher Park.

All that's left would be to sign the membership agreement, which would see the football share transferred - and an end to the most turbulent and damaging chapter in the club's 89-year history.

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