Wigan Athletic appeal dismissed. Relegation confirmed. EFL applying its rules on clubs entering administration but now needs to look at its rules and results of allowing bad owners in. #wafc #efl
Wigan Athletic: Administrators have agreed a sale of the club that could "secure its future;" Administrator working on a plan not to repay £24m-£25m thought to be owed to the owner, Au Yeung, who put the club into administration days after taking over. https://t.co/OuELVI3ppI
Wigan Athletic Crisis: Ex owner Stanley Choi tells the FT that the club's £losses were the reason for selling it and that he had "no previous connection" to buyer Au Yeung, who put it into administration immediately. https://t.co/3addmRgXrQ
Wigan Athletic: EFL makes unusually detailed & combative statement after owner Au Yeung’s baffling comments. Argues for ‘reset’ of football’s finances, including “how monies are distributed through the game;” the current structure is “outdated and unsustainable.”
Wigan Athletic owner Au Yeung Wai Kay finally makes statement about putting the club into administration: Confirms he spent £40m+ buying the club, then immediately put it into administration (thereby losing that money). Still makes no sense. https://t.co/HhAHOhGjs4
RT @David_Ornstein: 🎙 Recording @TheAthleticUK podcast shortly with: 🗣 @honigstein on Bailey 🗣 @lauriewhitwell on Man Utd 🗣 @AdamCrafton_ + @mjshrimper on Wigan Athletic ❓ Send your questions to @adeymoorhead & we’ll answer a selection 🔜 Out tomorrow and 🆓 to listen 🎧 https://t.co/AXiyHbIKoN https://t.co/tyHBPbjD5c
RT @KieranMaguire: Very odd that IEC share price, Hong Kong based Cayman Islands registered Philippines hotel & casino operator, tripled in June shortly after sale of Wigan Athletic & number of shares bought & sold went from 50-100,000 a day to 35 mill. Someone’s made a lot of 💰 #WAFC #Latics https://t.co/Pix6AH1iCW
RT @AndyBurnhamGM: Together with @lisanandy, I have written to the Chairman of the @EFL requesting: an urgent investigation into the sale and administration of Wigan Athletic FC; a pausing of the administration process and sale of assets; and a suspension of the 12-point penalty. @LaticsOfficial https://t.co/bJtqH2YRa5
Lisa Nandy MP says Wigan Athletic are "a victim of a major global scandal," having been plunged into administration by a new Hong Kong / Cayman Islands-based owner immediately after he bought the club.
What has been allowed to happen to @LaticsOfficial is a disgrace. A well-run, much-loved club at the heart of our community for 90 years. The government must provide the help we need to finish the season, followed by a full inquiry into the failings that allowed this to happen. https://t.co/VFcQXiAR7R
The bizarre Wigan Athletic saga: 4 June: Takeover from IEC, new Hong Kong-based director Au Yeung “excited to join the Wigan Athletic family;” 24 June: Au Yeung takes full control in £41m deal; 1 July: Au Yeung puts club into administration. https://t.co/f80Wcyb5HP
A 12 point penalty on Wigan Athletic this season in fact would only put them 4 points adrift of safety as things stand, so they could still avoid relegation from the Championship.