Bahrain-backed company Phoenix 2021 Limited, have agreed a deal with the Latics administrators to purchase the relegation threatened League One side. Here's a summary of what you can find in my weekly China Digest for SportBusiness: Hong Kong's IEC in line for Wigan Athletic takeover [UPDATE] As this column was going to press, news was filtering through that International Entertainment Corporation (IEC), controlled by Hong Kong's well-known Cheng family, has entered into a two-week period of exclusivity (expiring Feb 14) to agree . Club News. The administrators of Wigan Athletic have announced that takeover talks with their preferred bidder for the relegated Championship club have collapsed.. Wigan Athletic takeover falls through at the 11th hour as bidder decreases offer by 50%. A prospective takeover of the Latics collapsed on Tuesday after a Spanish bidder . Follow @jasonpettigrove. Wigan Council say the 135k raised so far by fans "shows how much the club means" to local people. The prospective takeover of Wigan Athletic by a Spanish consortium has fallen through. The owners passed the EFL's test and takeover process - which ascertains whether the buyer can financially support a club. Providing fresh perspective online for news across the UK First-team squad. Wigan Athletic's administrators have confirmed a bid from Spain has been accepted for the club and the takeover of the League One club is subject to EFL approval. Phoenix 2021 Limited have completed their acquisition of Wigan Athletic, 272 days after the club first entered administration. The annual end of season Party in the Park was held in Mesnes Park in the town on Sunday . The League One strugglers should finally emerge from their administration nightmare after a deal was agreed at around 3 million to pay their bills in full. The Phoenix 2021 Limited group have become the new owners of Wigan Athletic. The group, headed by businessman Talal Al Hammad, will take over the League One club while Mal Brannigan, formerly of Dundee United and Dundalk, will become the club's new CEO. CHAMPIONS | Inside Matchday | Shrewsbury Town (A) 2 days ago. It's been confirmed Wigan Athletic have agreed a takeover deal with Phoenix 2021 Limited. Jermain Defoe: When striker gave Wigan 5k after . Whelan has been open to a . EFL club taken over by Bahraini-funded group Wigan Athletic announced that the club had been officially taken over by Phoenix 2021 Limited. Alan Nixon; . Wigan Athletic: Takeover of administration-hit club breaks down 5 January 2021 Wigan Wigan Athletic have been in administration since 1 July 2020 The prospective takeover of Wigan Athletic by. Callum Lang gave the visitors the lead after eight minutes, firing home from a Josh Magennis' knockdown. The news comes two weeks after the League One strugglers revealed a deal had been agreed . Seven days after the takeover, last week, news broke that Wigan was . Negotiations will now open with the . In September, the League One club's . The Bahraini-funded group Phoenix 2021 are set to complete the takeover of Wigan Athletic . EFL club offer new deal to striker in bid to fend off reported Charlton Athletic and Wigan. Ian Lenagan, Wigan Warriors' owner and chairman, is a former owner of Oxford United football club, and former EFL chairman. WATCH FREE ON ONEFOOTBALL. Wigan Athletic Football Club have confirmed a change in ownership following a successful takeover by Next Leader Fund L.P group. Wigan Athletic takeover: Spanish investors promise fans a voice in new-look boardroom Exclusive The anonymous group are on the verge of a takeover and have lofty ambitions for the future of a club . 12:00 . Wigan Athletic have been taken over by a partnership headed by Hong Kong businessman Au Yeung Wai Kay, the Championship (second-tier) club said on Thursday. 09:00 . With the University of Lincoln Fan Village open from 12noon, fans of both teams enjoyed the entertainment and range of food options from local providers. a day ago. The League One strugglers should finally emerge from their administration nightmare after a deal was . World Football. The League One side have been looking for a buy since the end of last season when the club was put into administration by the former owners. It's just an opinion. I. Phoenix 2021 Complete Wigan Athletic Takeover as New Era Beckons The New Owners at Wigan Talal Mubarak Al Hammad is a Bahrain businessman who is registered as chairman for Phoenix 2021. The group, headed by businessman Tamal Mubarak Al-Hammad, will take over the League One club while. City suffered a frustrating loss to an impressive Wigan Athletic. The club's administrators announced they had ended negotiations with the consortium on Tuesday morning. The League One club - who first entered administration in July 2020 - confirmed the deal, which will see Talal Al-Hammad serve . 9 April 2022. Wigan Athletic's future is hanging by a thread after their proposed takeover was blocked by the EFL after the Spanish bidders did not meet League requirements.. Lewis Fiorini's shot from outside the area was deflected into the path of Scully. Exclusive: British entrepreneur Martin Halsall in 3m bid to buy Wigan Athletic. In August Au Yeung agreed to. 12:00 . WIGAN, ENGLAND - MARCH 19: General view of the DW Stadium, home of Wigan Athletic and Wigan Warriors on March 19, 2020 in Wigan, England. Wigan Athletic Wednesday 31 March 2021, 11:51am Report by David Chisnall The takeover of Wigan Athletic by the Bahraini group Phoenix 2021 Limited brings to an end a nightmare nine months for the. The club's been in administration since July last year which led to their relegation from the Championship. Wigan administrators are still waiting on a decision from the English Football League over a proposed purchase of the Sky Bet League One club, with a November 11 deadline having been extended. 17:17, 30 SEP 2020. The Irishman managed to control the ball despite . Update on Jordan Cousins' situation emerges ahead of Wigan Athletic's hectic run-in. Wigan Athletic are now in danger of going under as their prospective takeover bid has fallen through 2012/13 FA Cup winners Wigan have been in administration since the start of July, when a 12 . The club's been in administration since July last year which led to their relegation from the Championship. Imps 1 Wigan Athletic 3. Wigan set for takeover by Bahraini-funded . A takeover bid for Wigan Athletic by rugby league club Wigan Warriors has been backed by the . . A crowdfunding campaign set up by the Wigan Athletic Supporters Club . Wigan have sold four top players and a training ground since the Americans first offered more than 5m. The group, who are from Bahrain but are based in the United Kingdom, have formally completed the deal on Tuesday March. IEC stated that on the same day, less than five weeks ago, the 24.6m it had put into Wigan, funding players' wages and heavy losses, had been repaid in full. Board members are dealing with administrators at Begbies Traynor as we speak - scrambling to find interested parties to save the side. 02/04 . English second-tier club Wigan Athletic have gone into administration less than a month after being taken over by a partnership headed by Hong Kong businessman Au Yeung Wai Kay. The purchase is still pending approval from the English Football League board - with a final decision expected before the end of the month. The League One strugglers would have been RELEGATED if they accepted the new deal as it would . Wigan are the first professional English club to fall into administration since the onset of the Covid-19 pandemic. The 2018-19 season was Wigan Athletic's 87th year in existence and their first back in the Championship, after gaining promotion the . The EFL are coming under increasing scrutiny following Wigan Athletic's collapse into administration - and that could be bad news for any potential Sunderland takeover this summer. Wigan Athletic went into administration nearly two months ago and the administrators said today they're in better financial shape after selling some players and the training ground but are yet . "There are three people who are talking to the EFL. Wigan Athletic Football Club has officially been sold this week after administrators struck a deal. Wigan are the first professional English club to fall into administration since the onset of the COVID-19 pandemic. Wigan Athletic crowned champions of Sky Bet League One. Wigan at the time of the takeover were 14th in the Championship, but a 12 point deduction . Wigan Athletic have reached an agreement that will see the club sold by the end of the month. The sale marks the second time the club . The takeover of Wigan Athletic has completed, with the incoming chairman saying that a "new chapter" has started for the club. Sky Sports News understands the Whelan family have agreed a deal in principle to sell the club to the Hong. There was plenty going on throughout the day at the LNER Stadium, with activities on the 3G pitch beside the Selenity Stand from 9am. Wigan Athletic interested in re-signing attacker from Bournemouth The72 (Weblog) 14:03 23-May-22. Club News. A statement from Wigan read: "The club is delighted to announce that Phoenix 2021 . Providing the takeover gets signed off by the EFL, it will mean Latics avoid the 15 point penalty deduction giving them the prospect of staying . Wigan Athletic had just changed ownership hands in June, being bought by Next Leader Fund (NLF) for 45 million/$55 million. If you are with mates in a pub and one says hes gutted for wigan the takeover hasn't gone through, I'd still say I couldnt give a shit about them. The annual end of season Party in the Park was held in Mesnes Park in the town on Sunday . Middle East bid emerges for Wigan Athletic. It has now completed all of the technical information required and received confirmation that all matters associated with . It's been confirmed Wigan Athletic have agreed a takeover deal with Phoenix 2021 Limited. Thousands of Wigan Athletic fans have joined the club in celebrating their promotion to the Championship. Wigan Athletic are 21st in League One as they aim to avoid back-to-back relegations. Jack Staplehurst Assistant Sports Editor. Wigan Athletic keen on transfer reunion with 27-year-old Football League World (Weblog) 15:19 23-May-22. Wigan Athletic future secure after takeover concluded Wigan Athletic Wigan Athletic FC has been rescued from administration after a takeover deal was finalised this evening (March 30). Wigan Athletic is on the verge of a takeover after the latest bidder's proof of financial stability was verified by the English Football League (EFL . The news comes two weeks after the League One strugglers revealed a deal had been agreed with the UK-based company owned by Abdulrahman Al-Jasmi. Wigan Athletic fans are no different from a family standing together through thick and thin. The takeover of Wigan Athletic by Bahraini-funded group Phoenix 2021 Limited has been completed. Tue, 16 Mar 2021 Tue, . British entrepreneur and motorsport enthusiast Martin Halsall has entered the race . The company has been in negotiations with administrators from Begbies Traynor over the purchase of Wigan In August Au Yeung . . WIGAN Athletic's Spanish takeover collapsed - after the bidders HALVED their offer for the club. They said in a statement that the bid had been reduced by almost 50% over the weekend and proceeding with it would have resulted in a 15-point deduction . Wigan have entered into formal discussions with three parties with regards to the potential sale of the club. The. A short statement from the EFL said all . Wigan Athletic agree takeover deal. Wigan Athletic's administrators have accepted a bid for the club from a group of Spanish investors. . Wigan agree takeover deal with bid from Spain and set to avoid points deduction. "We can confirm that the sale of the majority shareholdings of the Wigan Athletic Group from International Entertainment Corporation (IEC) to Next Leader Fund L.P. has now formally . Bahrain-based businessman Tamal Mubarak Al-Hammad will be the club's. A takeover of financially-troubled League One side Wigan Athletic by a consortium led by Bahraini businessman Abdulrahman Al-Jasmi has been completed after English Football League approval. The club's owner, Hong Kong-based Au Yeung, put Wigan into administration days after he completed his takeover on 24 June, which he subsequently said had cost him 40m. Phoenix 2021 have completed the Wigan Athletic takeover, chaired by Talal Mubarak Al Hammad, promising a much "healthier and stable" future for the club. Posted by Jason Pettigrove. Founded in 1932, they have played at the 25,138-seat DW Stadium since 1999, before which they played at . League One club Wigan Athletic have appointed a new-look board of directors which they hope will lead the club back up the football pyramid following their takeover by a consortium led by Bahraini businessman Abdulrahman Al-Jasmi. Chairman David Sharpe stepped down following the completion of the takeover along with other board members and was replaced by Darren Royle, his father Joe Royle and Thomas Chan. 10:00 . Football League. 30 March 2021. Paul Stanley, Gerald Krasner, and Dean Watson of . Cook 'physically sick' as points deduction set to . Who will be relegated from the Championship? Wigan Athletic takeover falls through at the 11th hour as bidder decreases offer by 50% | OneFootball. Posted on the thread though And that makes any difference? Wigan Athletic accept takeover bid from Spanish investors. The buyers are Phoenix 2021 Limited - a consortium led by Bahraini businessman Abdulrahman Al-Jasmi. Phoenix 2021 Limited has completed its takeover of Wigan Atheltic, the club announced on Tuesday evening. 14 hours ago. Wigan Athletic takeover talks with preferred bidder collapse. Get all of the latest Latest news from Wigan Today. Wigan Athletic: Why imminent takeover offers optimism for League One side By Simon Stone BBC Sport 29 March 2021 Wigan Wigan's goalless draw against Ipswich on Saturday left them a point from. Financially troubled League One club Wigan Athletic have agreed a takeover with a consortium . Phoenix 2021 Ltd, a UK-based company owned by Abdulrahman Al-Jasmi, will become the new owner of the club subject to EFL board approval. The equaliser came just six minutes later. 02/04 . The takeover of Wigan Athletic has been completed, the Football League has confirmed, with a transfer of assets and ownership to Phoenix 2021 Limited. The club's owner, Hong Kong-based Au Yeung, put Wigan into administration days after he completed his takeover on 24 June, which he subsequently said had cost him 40m. No. In a statement on Thursday, the club said; "We can confirm that the sale of the majority shareholdings of the Wigan Athletic Group from International Entertainment Corporation (IEC) to Next Leader Fund LP has now . (Photo by Gareth Copley/Getty Images) English football club Wigan Athletic has gone into administration less than four weeks after being taken over by a Hong Kong-based partnership. Football League World . AMERICAN businessmen Randy Frankel and Michael Kelt are making a final 2million bid for Wigan Athletic. The club announced the takeover on 4. Phoenix 2021 Limited has completed its takeover of Wigan the club announced on Tuesday evening. Wigan FC. English Championship club Wigan Athletic have gone into administration less than a month after being taken over by a partnership headed by Hong Kong businessman Au Yeung Wai Kay. Reuters / Jun 4, 2020, 18:59 IST AA Wigan Athletic have been taken over by a partnership headed by Hong Kong businessman Au Yeung Wai Kay, the Championship (second-tier) club said on Thursday. Club News. Wigan Athletic has announced that a takeover of the club has been completed, with Phoenix 2021 - a UK-based company owed by businessman Abdulrahman Al-Jasmi through his investment company Europa Point Investment Corporation (EPIC) - receiving EFL approval for the deal. Wigan Athletic (@LaticsOfficial) March 30, 2021 Talal Al-Hammad, who is the new chairman of both Phoenix 2021 and the club, expressed his excitement at the takeover of the 2013 FA Cup winners in. Football. Wigan Athletic are set for a shock takeover, with the club owned by Dave Whelan since 1995, now the subject of interest from a Far East consortium, according to The Sun. News, analysis and comment from the Financial Times, the worlds leading global business publication Wigan Athletic's administrators say they are in formal discussions with three potential buyers for the club following the collapse of a Spanish takeover bid, but have angrily dismissed . Phoenix 2021 Limited has completed its takeover of Wigan, the club announced on Tuesday evening. January 5th 2021, 12:39. The sale marks the second time the club's ownership has changed hands in the last two years after Hong Kong-based International Entertainment Corporation took over the club from the Whelan family in November 2018. WIGAN ATHLETIC are set to be taken over by Bahraini-funded group Phoenix 2021 - and backed by solid Middle East cash. The current Belgian national team coach surely gave the Latics the greatest day ever in their history when they beat odds-on favourites, Manchester City, at Wembley in 2013 to win the FA Cup final. . Football League. Wigan takeover hope as American businessmen launch final 2m bid to buy cash-strapped Latics. Wigan Athletic Football Club (/ w n /) is an English professional association football club based in Wigan, Greater Manchester, England.The team competes in the Championship, the second tier of the English football league system, having been promoted in the 2021-22 season. Phoenix 2021 - which is owned by Abdulrahman Al-Jasmi - is behind the takeover, with contracts having been exchanged earlier this month.. Providing the takeover gets signed off by the EFL, it will mean Latics avoid the 15 point penalty deduction giving them the prospect of staying . Wigan, who are 21st in League One as they look to avoid a second straight relegation, are still without a permanent manager . Thousands of Wigan Athletic fans have joined the club in celebrating their promotion to the Championship. But within weeks, the survival of Wigan Athletic has been left on a knife edge. 01:23:50 - Former Northern Ireland international Pat McGibbon joins Jay Whittle on 'The Full-Time Whittle Podcast' to talk through his career coming through th 2022/23 Season Tickets | Claim Your Seat Deadline Extended! Joint. Latics Store to close over the upcoming Platinum Jubilee bank holiday weekend By Matt Slater Jan 5, 2021 14. The news that Wigan fans have been waiting for has finally arrived, after nine months in administration a new owner has been found. The deal for The Latics was completed at the end of last month and came after the financially troubled first . The takeover of Wigan Athletic by investors from the Far East has moved a step closer. WIGAN ATHLETIC are set to be taken over by Bahraini-funded group Phoenix 2021 - and backed by solid Middle East cash.The League One strugglers should . By. Paul Stanley, who is working alongside Gerald Krasner and Dean Watson at Wigan Athletic, has provided an update on the current takeover saga.