Hong Kong’s former Wigan Athletic owner Au-yeung Wai-kay waives US$41m debt

//Hong Kong’s former Wigan Athletic owner Au-yeung Wai-kay waives US$41m debt

Hong Kong’s former Wigan Athletic owner Au-yeung Wai-kay waives US$41m debt

The Hong Kong former owner of English Football League side Wigan Athletic has waived £36 million (US$41.1 million) of debts owed to him by the club.Au-yeung Wai-kay’s Next Leader Fund (NLF), which took over from the Hong Kong-listed International Entertainment Corporation in June, was owed £25.3m, while Wigan Athletic Holdings were owed £10.7 million.Both debts have been waived, according to the club’s administrators Begbies Traynor, who said that the decision will make it easier to find a…

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By | 2020-08-22T09:09:50+00:00 August 22nd, 2020|Sport|Comments Off on Hong Kong’s former Wigan Athletic owner Au-yeung Wai-kay waives US$41m debt