Wigan Athletic to be sold

Wigan Athletic won the 2013 FA Cup. Photo: Photosport

A Hong Kong-based consortium are poised to complete a takeover of former English premier league football club Wigan Athletic.

The Wigan chairman David Sharpe said the agreement to sell the club‘s majority stake to International Entertainment Corporation is now subject to approval from the English Football League and the Hong Kong stock exchange.

The $40 million deal includes a majority shareholding in Wigan‘s DW Stadium and the training grounds.

The Whelan family have been the majority shareholders of Wigan since 1995, overseeing their rise to the Premier League and their FA Cup triumph in 2013, the season they were relegated from the top flight.

-Reuters