Wigan enters administration; EFL to apply 12 point penalty to club | Football News

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Joint administrator Paul Stanley is “fairly certain” Wigan Athletic will be able to find a buyer after taking office

Joint administrator Paul Stanley is “fairly certain” Wigan Athletic will be able to find a buyer after taking office

Wigan will be assessed a 12 point penalty by the EFL after the club announced its entry into the administration.

The timing of the Latics’ point deduction is not yet clear, with the league saying it can only be decided once the championship final table is determined.

If the club is relegated by the results on the field, the penalty will be applied in Ligue 1 next season.

However, if the club remains outside the last three, the sanction will be applied to the 2019-20 table.

Wigan is currently 14th in the championship and eight points behind the relegation spots. If the sanction were currently applied, it would fall to the bottom of the table.

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Highlights of Wigan’s 3-0 home win over Stoke on Tuesday night

Highlights of Wigan’s 3-0 home win over Stoke on Tuesday night

In a statement, the EFL said: “The EFL is awaiting formal notification from the administrators and once the league has received this, it will enter into discussions with those concerned with the aim of achieving a long future term for the club. ”

Paul Stanley, Gerald Krasner and Dean Watson of Begbies Taylor have been appointed joint club administrators.

Krasner said the coronavirus pandemic has had a negative impact on Wigan’s finances, adding, “Our immediate goals are to make sure the club ends all of its matches this season and to find interested parties urgently to save Wigan Athletic FC and the jobs of people who work. for the club.

“Obviously, the suspension of the championship season due to Covid-19 has had a significant impact on the club’s recent fortunes.

“Wigan Athletic has been a focal point and source of pride for the city since 1932 and anyone interested in purchasing this historic sports institution should contact the joint administrators directly. ”

The Latics were in the Premier League in 2013 and won the FA Cup for the first time in their history in the same year.

They recorded a net loss of 9.2 million pounds sterling in their latest annual accounts for the year ending June 30, 2019.

The club belonged to JJB Sports co-founder Dave Whelan until November 2018, when he and his family sold to the Hong Kong-based International Entertainment Corporation (IEC).

Wigan belonged to Dave Whelan until November 2018

Wigan belonged to Dave Whelan until November 2018

There was another change of ownership on May 29 of this year, when IEC sold its property to the Next Leader Fund.

IEC said in a letter to fans that its decision came “after a thorough assessment of several factors, including the club’s financial situation, the management team and the goals, particularly promotion to the Premier League.”

The letter adds: “There are areas of misalignment in expectations which we believe may hinder our partnership in the future.

“The combination with the launch of the Covid-19 has created more uncertainty around the financial situation of EFL and football as a whole. “

“The Premier League must provide more support”

DCMS committee chair Julian Knight MP called for leadership to support Wigan after his administration.

In a statement, Knight highlights comments from Premier League chief executive Richard Masters that the EFL did not ask for additional funding and urged that the situation change.

“It is extremely disappointing to learn that Wigan Athletic has entered the administration and is looking for a buyer,” said Knight.

“It would be tragic if a club that has existed for almost 90 years is forced into the wall.

“We know that 10 to 15 clubs could end up in the same position. What is needed now is leadership from the top of the pyramid to help save the Wigan side and the jobs of those who work there. ”

“Yesterday, the DCMS committee asked the Premier League’s Richard Masters for clarification on the steps he was taking to provide extra money to clubs at risk – he told us that the EFL had not asked for additional funding and that the PL had not provided. This is a situation that must change. ”

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