The prospective takeover of Wigan Athletic by a Spanish consortium has fallen through.
The club’s administrators announced they had ended negotiations with the consortium 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.
More to follow.