Football finance expert Kieran Maguire has been shedding light on the administration process regarding Wigan Athletic.
Last week, it was announced that the Championship outfit had gone into administration and were the first professional club to do so during the current viral outbreak (per BBC).
This has left the DW Stadium club facing the prospect of a 12-point deduction, which could come this season or next season depending on their eventual points tally.
So, in the latest episode of The Price of Football Podcast, Maguire shed some light on the administration process which the Latics are now involved in, referencing his own experiences in highlighting how delicate the situation is for Wigan.
He said: “I think the administrators said that they had been given a heads-up, I think by a corporate lawyer a few days before it happened. The EFL won’t have been involved in terms of the decision, it will have been made by the club itself.
“[Administrators] Begbies [Traynor] have a lot of experience in running clubs that have gone into administration historically. So, you can see why they were involved. The administrators are above board, they’ve got experience of this type of thing.
“What they will be trying to do is to get to the bottom of this, but I know from my own experience when I was actually appointed on a nightclub somewhere in the North West. It turns out that the money advanced by the brewery had subsequently disappeared into the bank accounts of the boyfriend of the licensee and he was involved with organised crime.
“So yeah, it all gets very, very murky and you find yourself being sort of turned into a mini-Columbo trying to get to the bottom of this.”
As can be seen in what the football finance expert had to say, it seems that the process of the administrators is not a straightforward one.
Do you think Wigan Athletic will be able to avoid relegation this season?
Yes, we can do it
No, not possible
Hopefully, though, the administrators can get to the bottom of what has gone on at the DW Stadium and help Wigan out of the mess that they are currently in.