League One Club Wigan Athletic Sold to New Buyer Amid Financial Struggles
In a dramatic turn of events, League One club Wigan Athletic has been sold to a new buyer, according to the ownership group. The sale comes amidst growing concerns about the financial state of the club, with two directors resigning earlier in the day.
New Owner Committed to Resolving Outstanding Liabilities
The current owners have stated that the new buyer has committed to resolving all outstanding liabilities at the earliest opportunity. However, any deal is subject to approval by EFL.
Wages Failure Results in Minus Eight Points for 2023-24 Season
As a result of failures to pay wages, Wigan will start their 2023-24 season on minus eight points. This news has compounded an already difficult situation for fans and staff alike.
Growing Fears Over HMRC Debt and Possible Legal Action Against Owners
Fans had expressed fears that legal action may be taken against the owners due to money owed to HM Revenue & Customs (HMRC). This prompted concerns over whether there would be sufficient funds available for future investments needed by the football team.
Last Minute Sale Averts Crisis
A winding-up petition had also been threatened if funding was not forthcoming from existing or potential investors. However, with this last-minute sale announcement made public, such worries have now been put aside as the new owners have pledged to turn things around for Wigan Athletic.
Club’s Future Now in New Hands
The sale of the club means that a new chapter is set to begin for Wigan Athletic. Fans will undoubtedly be hoping that this change of ownership marks a turning point, and that their beloved team can once again start competing at the highest level of English football.