Wigan Takeover Completed
Moderators: BillShankly, arxidi, Judge Judy, Forum Admins
-
- Team Manager
- Posts: 7560
- Joined: Tue Oct 02, 2007 1:03 pm
- Has thanked: 11 times
- Been thanked: 38 times
Wigan Takeover Completed
Wigan Athletic: Championship club taken over by Next Leader Fund
Wigan were 20th in the Championship, two points above the drop zone, when the season was suspended
The takeover of Wigan Athletic has been completed by Next Leader Fund, a limited partnership headed by Hong Kong businessman Au Yeung Wai Kay.
The sale, marking the Latics' second change of ownership in two years, was confirmed more than six months after International Entertainment Corporation said it would offload the club.
Wigan's executive chairman Darren Royal said the new owners "will enable" the club to "negate some of the immediate" financial challenges of the coronavirus pandemic.
Wigan's first-team players and senior staff agreed in April to defer part of their wages for three months amid the public health crisis which has forced the suspension of football in England.
The Latics were two places and two points above the relegation zone in March when the competition was halted and will be looking to avoid the drop to League One when the Championship resumes as planned on 20 June.
"We have already faced a challenging couple of months and there are no doubt more ahead following the Covid-19 outbreak," Royle said in a club statement.
"We now have to revive the organisation with innovative and safe ways of practice, which is something the board of directors, the senior management tea and number of staff have been planning and prioritising over the past few weeks."
Au Yeung added that he is "excited to join he Wigan Athletic family" and looks forward to supporting the club "in what is going to be an initially challenging period".
BBC Sport Championship
Read more on BBC Sport Championship
Wigan Athletic official site
Read more on Wigan Athletic official site
Wigan were 20th in the Championship, two points above the drop zone, when the season was suspended
The takeover of Wigan Athletic has been completed by Next Leader Fund, a limited partnership headed by Hong Kong businessman Au Yeung Wai Kay.
The sale, marking the Latics' second change of ownership in two years, was confirmed more than six months after International Entertainment Corporation said it would offload the club.
Wigan's executive chairman Darren Royal said the new owners "will enable" the club to "negate some of the immediate" financial challenges of the coronavirus pandemic.
Wigan's first-team players and senior staff agreed in April to defer part of their wages for three months amid the public health crisis which has forced the suspension of football in England.
The Latics were two places and two points above the relegation zone in March when the competition was halted and will be looking to avoid the drop to League One when the Championship resumes as planned on 20 June.
"We have already faced a challenging couple of months and there are no doubt more ahead following the Covid-19 outbreak," Royle said in a club statement.
"We now have to revive the organisation with innovative and safe ways of practice, which is something the board of directors, the senior management tea and number of staff have been planning and prioritising over the past few weeks."
Au Yeung added that he is "excited to join he Wigan Athletic family" and looks forward to supporting the club "in what is going to be an initially challenging period".
BBC Sport Championship
Read more on BBC Sport Championship
Wigan Athletic official site
Read more on Wigan Athletic official site
The older I get the better I was.
FOOTBALL IS LIFE
The Rest Is Just Details
FOOTBALL IS LIFE
The Rest Is Just Details
-
- Team Manager
- Posts: 7560
- Joined: Tue Oct 02, 2007 1:03 pm
- Has thanked: 11 times
- Been thanked: 38 times
Re: Wigan Takeover Completed
Latest News:
Wigan have now been placed in Administration by Liquidators.
Wigan have now been placed in Administration by Liquidators.
The older I get the better I was.
FOOTBALL IS LIFE
The Rest Is Just Details
FOOTBALL IS LIFE
The Rest Is Just Details
-
- Team Manager
- Posts: 7560
- Joined: Tue Oct 02, 2007 1:03 pm
- Has thanked: 11 times
- Been thanked: 38 times
Re: Wigan Takeover Completed
I'm afraid that's in the hands of the EFL and Taxation Office now.
The older I get the better I was.
FOOTBALL IS LIFE
The Rest Is Just Details
FOOTBALL IS LIFE
The Rest Is Just Details
-
- Team Manager
- Posts: 7560
- Joined: Tue Oct 02, 2007 1:03 pm
- Has thanked: 11 times
- Been thanked: 38 times
Re: Wigan Takeover Completed
Now it is officially approved.Old Master wrote: ↑Fri Mar 26, 2021 12:29 pmI'm afraid that's in the hands of the EFL and Taxation Office now.
The older I get the better I was.
FOOTBALL IS LIFE
The Rest Is Just Details
FOOTBALL IS LIFE
The Rest Is Just Details
Re: Wigan Takeover Completed
does that mean that they end up like bury and macclesfield. such a bloody shame.Old Master wrote: ↑Wed Mar 31, 2021 11:30 amNow it is officially approved.Old Master wrote: ↑Fri Mar 26, 2021 12:29 pmI'm afraid that's in the hands of the EFL and Taxation Office now.
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
Re: Wigan Takeover Completed
-
- Team Manager
- Posts: 7560
- Joined: Tue Oct 02, 2007 1:03 pm
- Has thanked: 11 times
- Been thanked: 38 times
Re: Wigan Takeover Completed
You forgot to mention one man had his dog with him giae.God is an Englishman wrote: ↑Thu Apr 01, 2021 12:39 pmTypical you, sniping away.
The older I get the better I was.
FOOTBALL IS LIFE
The Rest Is Just Details
FOOTBALL IS LIFE
The Rest Is Just Details
Re: Wigan Takeover Completed
im sure you had an education. try adding to the forum as that is what its for instead of typical you and your smart alec remarks. i just hate to see any football club go under. didnt it nearly happen to millwall once.God is an Englishman wrote: ↑Thu Apr 01, 2021 12:39 pmTypical you, sniping away.
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
Re: Wigan Takeover Completed
How can we have gone under, we still exist?theorakle wrote: ↑Fri Apr 02, 2021 2:42 pmim sure you had an education. try adding to the forum as that is what its for instead of typical you and your smart alec remarks. i just hate to see any football club go under. didnt it nearly happen to millwall once.God is an Englishman wrote: ↑Thu Apr 01, 2021 12:39 pmTypical you, sniping away.
Do you think anyone cared when we went into receivership? No, NOLU, WDC.
Re: Wigan Takeover Completed
didnt i say NEARLY HAPPEN .God is an Englishman wrote: ↑Fri Apr 02, 2021 7:37 pmHow can we have gone under, we still exist?theorakle wrote: ↑Fri Apr 02, 2021 2:42 pmim sure you had an education. try adding to the forum as that is what its for instead of typical you and your smart alec remarks. i just hate to see any football club go under. didnt it nearly happen to millwall once.God is an Englishman wrote: ↑Thu Apr 01, 2021 12:39 pmTypical you, sniping away.
Do you think anyone cared when we went into receivership? No, NOLU, WDC.
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
Re: Wigan Takeover Completed
Supposedly we were minutes from going under, didn't happen though and I doubt it was even close.
As I stated, NOLU, WDC.
As I stated, NOLU, WDC.
Re: Wigan Takeover Completed
and does that mean mr enigma.God is an Englishman wrote: ↑Sun Apr 04, 2021 9:03 pm Supposedly we were minutes from going under, didn't happen though and I doubt it was even close.
As I stated, NOLU, WDC.
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
Re: Wigan Takeover Completed
What part are you struggling with?theorakle wrote: ↑Sun Apr 04, 2021 10:40 pmand does that mean mr enigma.God is an Englishman wrote: ↑Sun Apr 04, 2021 9:03 pm Supposedly we were minutes from going under, didn't happen though and I doubt it was even close.
As I stated, NOLU, WDC.
Re: Wigan Takeover Completed
sorry pal you should be in politics,mr evasion.God is an Englishman wrote: ↑Mon Apr 05, 2021 7:45 amWhat part are you struggling with?theorakle wrote: ↑Sun Apr 04, 2021 10:40 pmand does that mean mr enigma.God is an Englishman wrote: ↑Sun Apr 04, 2021 9:03 pm Supposedly we were minutes from going under, didn't happen though and I doubt it was even close.
As I stated, NOLU, WDC.
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
- God is an Englishman
- Board Member
- Posts: 51452
- Joined: Fri May 08, 2009 5:31 pm
- Has thanked: 24 times
- Been thanked: 85 times
Re: Wigan Takeover Completed
If you explain what part you are struggling with then I will happily help you.
At this stage, I cannot answer you.
Re: Wigan Takeover Completed
ahh just forget it pal.God is an Englishman wrote: ↑Tue Apr 06, 2021 9:48 amIf you explain what part you are struggling with then I will happily help you.
At this stage, I cannot answer you.