Wigan takeover hope as American businessmen launch final £2m bid to buy cash-strapped Latics

AMERICAN businessmen Randy Frankel and Michael Kelt are making a final £2million bid for Wigan Athletic.

The pair and adviser Gauthier Ganaye have told the club administrators that they will buy the whole club for the sum to end the saga.

However the warning is that the group will walk away if it is not accepted as they are worried the squad has been badly damaged since they first bid three weeks ago.

Wigan have sold four top players and a training ground since the Americans first offered more than £5m.

Antonee Robinson was among the stars to leave, joining Premier League side Fulham on a £50,000-a-week, four-year deal after snubbing Everton.

And Frenchman Gauthier is also concerned that they will be unable to bring in new faces because of EFL salary cap restrictions.

The rescue job would become almost impossible this season if the deal was delayed until the transfer window shuts.

This offer falls short of the £4m demanded by the administrators who need money to pay creditors and cover their own fees and legal costs.

The American group looked into renting the ground off a rival bidder and also considered a move to Leigh’s rugby league stadium.

The change of address from Wigan's old DW Stadium ground would need approval by the EFL.

But it is already used by Manchester United in the WSL as well as Leigh in the rugby world.

However their final move is for the whole operation.

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.

Source: Read Full Article