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Leganes owner Felipe Moreno bid for Wigan falls through

The prospective takeover of Wigan Athletic by Leganes owner Felipe Moreno has fallen through.

The club's administrators announced they had ended negotiations with the bidder on Tuesday morning.

They said in a statement that the bid had been reduced by almost 50% over the weekend and proceeding with it would have resulted in a 15-point deduction for the League One club.

Wigan are currently 22nd in the table, two points adrift of safety.

Moreno had initially been part of a Spanish consortium looking to buy the club before the English Football League rejected their application at the start of December because one of the group was subject to a disqualifying condition.

Moreno subsequently became the sole bidder and it had been hoped the deal would be completed at some point between Christmas and 1 January.

The Latics have been in administration since July 2020.

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