Championship club Wigan Athletic have been placed into administration by their owners. Potential buyers are being urgently sought to save the club. They are the first professional English club to do so since the COVID-19 pandemic began.
Wigan Athletic Go Into Administration
No Alternative
The club have struggled financially even before the pandemic began, and they had no alternative to administration if they were to safeguard the club in the long term.
A takeover of the club was completed just over a month ago after former owner Dave Whelan sold the club to Hong Kong-based International Entertainment Corporation in November 2018.
Paul Stanley, Gerald Krasner and Dean Watson have been appointed as the join administrators, and Stanley said: “We understand that everybody connected with the club and the wider football world is seeking clarity on the future of Wigan Athletic.
“That’s exactly what we are seeking to provide as we move through this process and we seek out interested parties to rescue this famous old club here in the region.
“It is a fast-moving situation and we will provide updates on key developments.”
Good Times on the Pitch May Come to an End
This news has put a massive dent in Wigan survival hopes in the Championship. On the pitch, Paul Cook’s side have been in stunning form, claiming into mid-table last night following a 3-0 win over Stoke City.
They are top of the form table based on the last ten matches in the league and looked to have all but secured their safety.
Now, though, they have the dreaded 12-point deduction looming over them, which is the standard punishment for entering administration. This would see them fall all the way from 14th to the foot of the table, two points behind Luton Town, who are currently bottom.
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