EFL issue statement on Spanish takeover bid at Wigan Athletic

The English Football League (EFL) has asked Wigan Athletic to deal with ‘a number of outstanding matters’ before a proposed takeover of the club can be agreed.

The future of the Latics has been up in the air since the end of last season but fans were encouraged when the administrators of club revealed that a Spanish bidder was interested in a deal.

This new bidder had agreed a period of exclusivity with administrators Paul Stanley, Gerald Krasner and Dean Watson, from Begbies Traynor, which meant they would be the only interested party to be in discussions over the club in a period extending until today (November 11).

However, having not reached a final deal, the administrators have extended this exclusive period to allow for more discussions.

Now the EFL has released a statement which goes some way to explaining what is holding up the deal.

A spokesman for the league said: “The EFL has remained in regular dialogue with the administrators at Wigan Athletic in respect of the proposed takeover, which would see the club exit administration and new company AFC Wigan Athletic Ltd established.

“Following the recent announcement by the Wigan Athletic Supporters’ Club in regard to their decision to withdraw their offer of investment in that company and consideration of all relevant matters by the EFL Board, the EFL Executive advised the administrators of a number of outstanding issues that required a resolution before this matter could progress.

“This situation is ongoing and whilst we are unable to provide a definitive timeline for its conclusion, the EFL remains committed to securing a long-term sustainable future for Wigan Athletic as soon as is practically possible and will continue to work proactively with the administrators to achieve this aim.”

Wigan take on Tranmere Rovers in the EFL Trophy tonight.

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