American Businessmen Make A £2m Final Bid for cashstrapped Wigan
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Best deal on the table ?
The French-American consortium of US financiers Michael Kalt and Randy Frankel has made a £2 million final bid for Wigan Athletic. The pair with their adviser, Oostende CEO Gauthier Gunaye, told Wigan’s administrators that they would take over the whole club for this amount to end the saga.
While submitting their final bid for the club, the group warned that they would walk away if their deal was turned down. In their statement, they expressed their concerns that the club might have been critically damaged since they first placed their bid three weeks ago.
Since the American duo made its first offer of over £5 million, the Latics have sold four key players and one of their training grounds. As a result, Wigan’s gameplay has been highly disappointing to soccer punters as they’ve lost four out of their last five games. Nonetheless, their highly predictable performance hasn’t stopped punters looking for how to open an account on paddy power to stake wagers on League One and other major leagues.
Antonee Robinson was among the top players to join the mass exodus from the cash-strapped Latics, joining EPL side Fulham on a four-year deal at £50,000 a week after snubbing Everton. While Goodison transfer manager Marcel Bradts tried to convince Robinson to go back to Everton a year after trading him to the Latics, the 23-year-old star chose Fulham instead.
Gauthier is also highly concerned that Wigan might not be in a position to bring in new faces in the game due to NFL’s salary restrictions. That makes a rescue job almost impossible in the current season if the takeover deal delays until the close of the summer transfer window.
Their final offer for the Latics falls short of the £4 million demanded by the club administrators who need the money to settle the creditors and cover legal and own fees. The American group considered renting a rival bidder’s ground and moving the team to Leigh’s rugby league stadium. However, Wigan’s change of address from their old DW Stadium would need approval from the EFL.
The Stadium is currently being used by the Leigh rugby league team and Manchester United in WSL. This surprising idea has been discussed in several supporter groups together with local authorities, and it’s now part of their future plan. However, Gunaye and his group are currently unwilling to pay the £3 million price tag on DW Stadium.
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