in

Wigan a target for Middle East-based business group MBuzz as talks over £3m rescue deal continue with stricken club


CRISIS club Wigan Athletic are a target for a rescue bid from the Middle East-based business group MBuzz.

Representatives of the company have met the administrators and are set to offer around £3million for the whole package this week.

Wigan are in desperate need of a saviourCredit: Getty Images – Getty

MBuzz Sport will be the team trying to close the deal. They are a branch of a global telecom firm, based in Saudi Arabia but with offices in Dublin, Dubai and around Europe.

Their past experience in football includes a one-off shirt sponsorship deal for Wigan when they played Manchester United in the FA Cup.

The company also took a stake in Spanish side Leganes and have been involved with Sheffield United on their commercial side.

The administrators will be glad of a rival bid as American pair Randy Frankel and Michael Kelt are only willing to pay around £2m which would leave them scrambling for their fees.

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.

Manager Paul Cook then quit the club last month.

Wigan only announced his replacement, John Sheridan, two days before their opening match in League 1.

They lost their opening fixture 2-0 to Ipswich.


Source: Soccer - thesun.co.uk


Tagcloud:

Icelandic beauty had to check Phil Foden’s Instagram to remember England ace’s name and jokes he owes her £55 for hotel

Watch Neymar get sent off for PUNCH with FIVE red carded as PSG icon says he was called ‘monkey son of a b****’