Wigan struggling to finish season after cash-strapped Championship outfit went into administration
WIGAN are scrambling to find the cash to finish the season — with the players and staff heading for massive pay cuts.
Administrator Gerald Krasner admitted he had limited funds but he
would get the money for home and away games.
Boss Paul Cook and his players will be paid 20 per cent of their wages
today — with some questioning if they should play their final six
Championship games.
The good news is the club could be bought for just over £10million.
Krasner said: “The chances of completing the season are 75 per cent
plus and that could rise fairly quickly.
“If I have to borrow the money, so be it. There is some left and
whether we use that for wages or travel will be discussed.”
Krasner has been approached by a dozen potential buyers but does NOT
want a quick sale.
He said: “We have asked for proof of funds of £10m. Would I take that
offer today? No.
“I think we will have 30 buyers in the end but I want that down to two.”
The Latics’ Hong Kong owners have abandoned a club that does not have
massive debts.
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Krasner added: “My priority is to save the club but after that there
will be an investigation once I have had answers and I can put the
jigsaw together.
“We may have to sell one player but we are not at a point where we
can sell yet.”
Wigan are facing a 12 point deduction and relegation from the Championship.