Wigan Athletic’s administrators have accepted a bid for the club from a group of Spanish investors.
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.
Last week administrators Begbies Traynor revealed there were as many as four offers on the table for the club but they have not selected their preferred bidder after announcing the decision on the club’s official website.
“We are pleased to announce that we have reached agreement with a preferred bidder from Spain. The offer that has been accepted deals with not only the sale of the club but also allows the payment to non-football creditors to avoid the 15-point penalty this season. In addition, a substantial deposit has been received.”
“We are now working with our lawyers and the bidder to produce all of the necessary paperwork to submit to the EFL so that successful transfer of the football share can be made at the earliest opportunity.”
The preferred bidder who has experience in football has made it plain that they do not wish for their details to be made public until such time as the sale is completed and we are respecting this anonymity. No further details will be released until EFL approval has been obtained.”
John Sheridan’s side picked up an impressive win at Portsmouth last weekend to secure their first three points of the season and will be hopeful of strengthening their depleted squad before the transfer deadline shuts on 05 October.