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manchestereveningnews.co.uk

06.04.2023 / 05:41

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Company behind Real Housewives of Cheshire star Seema Malhotra's Forever Unique collapses

A company behind the fashion brand founded by Real Housewives of Cheshire star Seema Malhotra has collapsed into liquidation.

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Nine SPFL clubs in financial 'distress' over Covid payment cutoff as financial study highlights pain

The number of Scottish clubs on red alert for financial problems has soared over the past six months, a shock new study has revealed.

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manchestereveningnews.co.uk

23.08.2022 / 17:55

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Thousands of beers from iconic Manchester craft brewer being sold off for £1 a pint

Barrels and barrels of beer made by the celebrated indie craft beer makers Beatnikz Republic are to be sold off for a fraction of their retail price, after the brewer folded earlier this year. The company dealing with the liquidation of the brewery’s stock is looking for as little as £1 a pint for the beer, which would usually sell for £6 in pubs and bars.

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manchestereveningnews.co.uk

28.01.2022 / 12:52

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Developer behind huge Salford housing scheme goes into administration

A major developer behind plans for 900 homes in Salford has gone into administration.

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More than 723,000 businesses in financial trouble due to Covid lockdowns

Almost three quarters of a million businesses in the UK are struggling to stay afloat, concerning figures reveal.

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manchestereveningnews.co.uk

06.03.2021 / 23:11

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Bahrain-based investor close to 'imminent deal' to buy Wigan Athletic

Wigan Athletic.

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manchestereveningnews.co.uk

05.01.2021 / 16:45

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Major blow for future of Wigan Athletic FC as Spanish takeover deal breaks down

For the latest news from in and around Wigan sign up to the MyWigan newsletter hereWigan Athletic fans have been dealt a huge blow after a proposed takeover deal fell at the final hurdle.The struggling football club have been in administration since July 2020 and it seemed like the search for a new owner was finally about to end.However, with plans set to be finalised over the festive period the deal now looks to have fallen apart at the last minute.In a statement, joint administrators Begbies Traynor said that an agreement with a Spanish bidder was set to be completed between Christmas and New Year but the proposed new owner dropped his offer by half this weekend.The administration team said: "As of 11am today, the administrators have

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manchestereveningnews.co.uk

05.10.2020 / 15:28

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Ex-Manchester City and Tottenham midfielder has say on impending Wigan Athletic takeover and season so far

The Latics have been in administration since the start of July and were relegated from the Championship to League One after have 12 points deducted from their total last season. The club's administrators Begbies Traynor have been been trying to sell the club in recent months and confirmed last week that an agreement had been reached with an unnamed Spanish bidder who has experience in football.

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manchestereveningnews.co.uk

09.09.2020 / 14:35

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Wigan Athletic's administrators give update on plans to start the League One season

The club was plunged into a shock administration at the start of July and the subsequent points deduction applied at the end of last season condemned the Latics to relegation. The DW Stadium side finished the campaign in 13th, but were plunged into the relegation zone at the conclusion of the campaign after a deduction of 12 points was applied.The club’s administrators, Begbies Traynor, appealed against the 12-point penalty and went before an independent tribunal.

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manchestereveningnews.co.uk

01.09.2020 / 15:41

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Wigan Athletic's training ground bought by Preston North End as talks continue over club's sale

The Latics are preparing for life in third tier after being relegated from the Championship last season. The DW Stadium side finished the campaign in 13th, but were plunged into the relegation zone at the conclusion of the campaign after a deduction of 12 points was applied due to the club falling into a shock administration at the start of July.The club’s administrators, Begbies Traynor, appealed against the 12-point penalty and went before an independent tribunal.

Begbies Traynor shock

manchestereveningnews.co.uk

17.08.2020 / 16:33

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EFL explains why Wigan Athletic's appeal against points deduction was dismissed

The Latics were plunged into administration at the start of July, not long after the club had changed ownership. A penalty of 12 points being taken away from the club’s 2019/20 tally in the Championship was imposed at the conclusion of the final day of the season.It demoted the Latics from 13th in the table and safety to 23rd and thus into the relegation zone.The club’s administrators, Begbies Traynor, appealed against the 12-point penalty and went before an independent tribunal.

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manchestereveningnews.co.uk

07.07.2020 / 14:51

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Wigan Warriors announces intention to make bid to buy Wigan Athletic

Wigan Athletic. Chairman Ian Lenagan revealed he is working with advisors to find other investors with the intention of "making a bid in due course". In a statement, Lenagan said he believes the club is best being “locally-owned”.The initiative is also being led by Darryl Eales and Gary Speakman.It comes after the club announced it had entered administration on July 1, citing the coronavirus outbreak as one of the reasons behind its financial woes. The news sent shock waves through English football, with Wigan being the first football club to be seriously hit by the pandemic. Administrators from Begbies Traynor said the "recent fortunes of the club" had been severely impacted by the Covid-19 pandemic and suspension of the Championship

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manchestereveningnews.co.uk

05.07.2020 / 14:31

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Wigan fans protest outside Football League headquarters after club enters administration

Wigan being the first football club to be seriously hit by the pandemic. Administrators from Begbies Traynor said the "recent fortunes of the club" had been severely impacted by the Covid-19 pandemic and suspension of the Championship during the first three months of lockdown.After the announcement, the English Football League (EFL) confirmed that Wigan will be deducted 12 points as a result of the club's cash woes, putting it at serious risk of relegation to League One.But Wigan fans have now hit back at the EFL, turning up to its Preston headquarters with banners criticising its decision to allow the recent takeover of the club.

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manchestereveningnews.co.uk

01.07.2020 / 15:07

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BREAKING: Wigan Athletic fall into administration as Latics seek new buyer to 'urgently save' the club

th in the EFL Championship, the second tier of professional football in England.Just last night the team beat Stoke City 3-0 at the DW Stadium, its home ground.Last month the club was taken over by Next Leader Fund, headed by Hong Kong businessman Au Yeung Wai Kay.

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Begbies Traynor: Last News

Scotland's biggest bankrupt tracked down to Glasgow flat as pursuit for assets continues

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