Championship football club Wigan Athletic have entered administration.
Wigan becomes the first club in professional English football to enter administration following the coronavirus pandemic. This comes just four weeks after Hong Kong-based consortium Next Leader Fund took over the Championship club, promising to secure its future.
Paul Stanley, Gerald Krasner and Dean Watson from Begbies Traynor have been appointed as joint administrators.
Gerald Krasner said “Our immediate objectives are to ensure the club completes all its fixtures this season and to urgently find interested parties to save Wigan Athletic FC and the jobs of the people who work for the club.”
“Obviously the suspension of the Championship season due to Covid‐19 has had a significant impact on the recent fortunes of the club.”
“Wigan Athletic has been a focal point and source of pride for the town since 1932 and anyone who is interested in buying this historic sporting institution should contact the joint administrators directly.”
The administrator has admitted there is no guarantee that the club’s players and staff will be paid and also said that there was only a 75% chance that the club would be able to fulfil its remaining six fixtures as it struggles to meet running costs.
Begbies Traynor says it will probe the circumstances of the administration and the club’s ownership.