Wigan's prospective takeover is off after the Spanish bidder reduced their offer by almost 50 per cent. The statement read: "As of 11am today, the administrators have broken off negotiations with the Spanish bidder. In Tuesday's statement, the club explained why such a big reduction in the bid was not acceptable and said they were resuming discussions with other interested parties. This would result in a 15-point deduction and would effectively relegate the club to League Two. Wigan currently sit in the League One relegation zone in 22nd place, two points from safety.

Source: Sky sports January 05, 2021 12:05 UTC