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.
Read more on manchestereveningnews.co.uk
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