WIGAN ATHLETIC’S administrators have put the club’s ‘chippy’ up for sale in a bid to pay the wages.
Latics are looking for around £500,000 for the property as the admins admit that failing to find a buyer will leave their funds running out.
Wigan Athletic’s administrators are looking for £500,000 for the club’s ‘chippy’ after putting the property up for saleCredit: Rex Features
Begbies Traynor have kept the deal in house by bringing in Eddisons chartered surveyors to raise cash while they struggle to get a bid for the rest of the club.
Admin Gerald Krasner confessed that the money would run out ‘before Christmas’ and said: “We wouldn’t finish the season if no buyer came in.”
League One Wigan were relegated last season after a 12-point deduction for going into administration sent them spiralling down the table.
Their new Hong Kong-based owners conceded they could not support the club financially and they had to call in the administrators on July 1.
As revealed by SunSport, Middle East-based business group MBuzz plotted a £3million bid for the crisis club.
That comes after American businessmen Randy Frankel and Michael Kelt made a final £2m offer.
As the search for new ownership and an escape from administration continues, a Supporters’ Club Crowdfunder page has been set up to raise cash and save Wigan from going under.
Former Lactics favourites including Roberto Martinez, Reece James and James McClean have all stepped forward with donations.
And Victor Moses has given £20,000 to the fundraiser in a touching gesture.
On the pitch, the Latics lost their opening three matches of the season – in the Carabao Cup to Fleetwood and then in League One against Ipswich and Gillingham.
They did, however, beat Liverpool’s Under-21s 6-1 on Tuesday night in the EFL Trophy.
Wigan administrator Paul Stanley says there are a dozen investors showing interest in the football club
Source: Soccer - thesun.co.uk
