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Former Wigan Athletic owner writes off £36m debts owed to his companies

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dropped into administration after Au Yeung Wai Kay stopped providing money to continue operations. However, the administrators have now announced that the Hong Kong-based businessman has agreed to forgo any right to debts of £25.3m and £10.7m, which were owed to two of his firms.The decision is a huge step forward for plans to sell the club as it means the business is now in considerably less financial trouble.In a major statement released today (Thursday) the joint administrators confirmed that the debts had been written off.

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