MX23RW : Wednesday, April 24 08:10:07| >> :600:417840:417840:

Phoenix 2021 Limited completes Wigan Athletic takeover

Phoenix 2021 Limited completes Wigan Athletic takeover
© Reuters
Wigan had been in administration since last summer.

Phoenix 2021 Limited has completed its takeover of Wigan, the club announced on Tuesday evening.

The news comes two weeks after the League One strugglers revealed a deal had been agreed with the UK-based company owned by Abdulrahman Al-Jasmi.

A statement from Wigan read: "The club is delighted to announce that Phoenix 2021 Limited has today become the new owner of Wigan Athletic Football Club.

"Phoenix 2021 Limited has now completed all of the technical information required and received confirmation that all matters associated with membership of the EFL have been concluded."

Talal Al-Hammad becomes the club's new chairman with Malachy Brannigan taking on the role of chief executive, Richard Bramwell finance director and Tom Markham and Oliver Gottmann non-executive directors.

Wigan went into administration last summer and finding new owners has been a tortuous process, with a proposed deal with a Spanish consortium collapsing in January.

Al-Hammad said: "This is the start of a new chapter in the history of Wigan Athletic.

"We feel extremely proud and happy at Phoenix 2021 Limited in having completed the acquisition and I would like to congratulate Mr Al Jasmi and everyone who participated in completing this new and promising acquisition.

"Personally, I feel excited and happy to start this new challenge. When I read messages from the supporters, I automatically feel positive and optimistic about the club's future.

"I thank all the fans who stood by the club, especially in the last nine months. Wigan Athletic fans are no different from a family standing together through thick and thin.

"All of the staff and players have gone to great lengths for this club despite the limited resources and tools in recent months. For the sacrifices of all the staff – not just the football staff – we are very thankful because they are the real heroes here.

"The fans have stayed with the club through a very dark period and we will do all we can to make sure the future of the club is a much healthier and stable one."

Many supporters have been highly critical of the joint administrators, who revealed in a statement that funds donated by fans to allow the club to keep going last summer will be returned to the Official Supporters' Club.

The statement said: "We also understand the frustration and anger of the supporters caused by the club being placed into administration and the significant conflict between the role of the administrators and the wishes of the supporters.

"Unfortunately, in our role as administrators we have had to make difficult decisions, which have been necessary to reduce costs and raise the necessary funds to pay football creditors and fund wages and other trading costs in a period when income has been limited due to the pandemic.

"We hope that these difficult decisions will be significant in the long-term viability and history of the club."

The first priority for the new owners will be to try to ensure the Latics avoid a second successive relegation. Wigan currently sit in the relegation zone in 22nd place.

ID:441229: cacheID:441229:1false2false3false:QQ:: from db desktop :LenBod:restore:4320:
Restore Data
Share this article now:
Former Wigan Athletic owner Dave Whelan pictured in April 2018
Read Next:
On This Day: Dave Whelan stands down as Wigan chairman
>
Read more about Wigan Athletic Football
rhs 2.0
Today's games header
Tables header RHS
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


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!