SM
Real Sociedad vs. Real Madrid: 23 hrs 33 mins
Upcoming predictions and previews

Administrators request meeting with Wigan Athletic owner Au Yeung

:Headline: Administrators request meeting with Wigan Athletic owner Au Yeung: ID:405507: from db_amp
The administrators have appealed against the 12-point penalty set to be imposed.

Administrators have requested a meeting with the owner of Wigan, Au Yeung, to explain the circumstances which led to the current crisis at the club.

Next Leader Fund, led by Yeung, took formal control of the Championship side on June 4. Twenty days later Yeung's legal representatives set in motion the process to appoint administrators which was confirmed on July 1.

The move has wreaked sporting and financial havoc on the club. They face a 12-point penalty, which administrators confirmed on Tuesday they have appealed against.

Off the pitch, administrators announced 75 redundancies have been made so far among football support staff and general support staff. The UK-based directors, chief executive Jonathan Jackson and executive chairman Darren Royle, have also been made redundant but are working for free to assist with selling the club.

Joint administrator Gerald Krasner said he and his partners had gathered some information regarding the events which led up to administration, but now wanted to hear from Yeung.

"Earlier today the administrators approved a letter from our solicitor to go to the owner's solicitor," Krasner said.

"That sets out a number of matters that we want clarifying and it invites the owner, if he will, to come to a Zoom meeting with us, with his lawyers if he wishes, so we can get the facts from his side as to the events leading up to administration and then compare them to the events that we've been told about, and see whether they agree or if there is a difference.

"I am hopeful that although no powers to force them to come to an interview, he would want to do his best for the football club, and with some gentle persuasion will agree to that interview."

Krasner would not comment on whether there would be a police investigation into the circumstances around the administration process, but said it would not hinder the sale of the club.

He said that as of 11am on Tuesday morning 50 non-disclosure agreements had been sent out, and three of them had been returned with proof of funds of £10million. The administrators hope to settle on a preferred bidder by July 21.

"The investigation is completely distinct from the sale," he said.

"I have told the people I have spoken to that have put the proof of funds in that whatever comes out of the investigation will not impact any sale."

Wigan Warriors rugby league club owner Ian Lenagan says he is working on a bid.

Joint administrator Paul Stanley said the official supporters' club had raised £125,000 by Tuesday morning.

"For the away games that will pay for the coaches, the hotels, for the home games it would pay for the doctors, the ambulances, any other requirements we need at games like stewards or the police," Stanley said.

"Even down to putting petrol in the lawnmowers to get the pitches mowed."

The administrators said a local firm, Easeway Travel, had agreed to cover the cost of getting the first team to their away fixture against Barnsley on Saturday.

The administrators met with local MP Lisa Nandy on Tuesday. She has called for a full inquiry into the circumstances around the administration and has asked the EFL to rescind the points penalty.

amp_article__405507 : Database Data restored...  : 
last updated article - 2020-07-07 15:00:10:
html db last update - 2021-03-11 02:04:27 :

ex - 7200 : read : read cache amp html

Click here for more stories about Gerald Krasner

Click here for more stories about Wigan Athletic

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
CPortsmouth452713576413594
2Derby CountyDerby452781076373989
3Bolton WanderersBolton452511983483586
4Peterborough UnitedPeterborough452581286582883
5Barnsley4521121281631875
6Lincoln CityLincoln4520141165382774
7Oxford UnitedOxford Utd4521111377552274
8Blackpool4521101463451873
9Stevenage4518141355451068
10Wycombe WanderersWycombe451614155955462
11Leyton Orient451711175054-462
12Exeter CityExeter451710184559-1461
13Wigan AthleticWigan451910166156559
14Northampton TownNorthampton45178205665-959
15Bristol Rovers45169205266-1457
16Charlton AthleticCharlton451120146464053
17Reading451511196568-350
18Shrewsbury TownShrewsbury45139233464-3048
19Cambridge UnitedCambridge451211223961-2247
20Burton Albion451210233964-2546
21Cheltenham TownCheltenham45128254063-2344
RFleetwood TownFleetwood45913234672-2640
RPort Vale451010254174-3340
RCarlisle UnitedCarlisle4579294179-3830
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .