Wigan sale followed administration talk
Wigan’s owner inquired about placing the club into administration before his takeover had been finished, an independent panel has revealed.
Businessman Au Yeung Wai Kay informed the English Football League he had bought a 51 per cent stake in Wigan on June 24, but approached insolvency practitioners Begbies Traynor the previous day. The club went into administration on July 1, incurring a 12-point penalty that led to their relegation.
The revelation is contained in the full reasons for the decision to dismiss Wigan’s punishment appeal, which were published yesterday.
A suggestion Wigan were put into administration because of a bet was considered “not impossible”, but “wholly unsubstantiated”.