League One club Wigan Athletic's deal to be taken over by a consortium led by Bahraini businessman Abdulrahman Al-Jasmi has been completed.
Tonight's move comes after the financially troubled first entered administration in July 2020. A deal was announced earlier this month.
The Latics' financial problems led to their relegation from the Championship last season.
The sale to Phoenix 2021 Ltd, owned by Al-Jasmi, has been completed after a deal with a Spanish consortium collapsed at the start of January, after it was initially blocked by the EFL.
In a statement the joint administrators Begbies Traynor said: "We are pleased to announce that the sale of the club and associated assets has been completed.
"We would like to thank all staff at the club, both past and present and on and off the field, who have worked tirelessly in keeping the club running during the challenging times faced with an unprecedented combination of administration and the severe financial impact of a global pandemic.
"In addition we would like to thank various key players that have assisted in the process being Caroline Molyneux and Mick Wimsey from the Official Supporters Club, Paul McKevitt, Alison Mckenzie-Folan and David Molyneux from Wigan Council, Leam Richardson and Gregor Rioch and The EFL.
"We would also like to thank the supporters who rallied round at the start of the administration to donate monies to the Official Supporters Club.
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"These funds allowed us to make crucial payments to allow the club to pay wages in the early part of the administration and also fulfil fixtures and finish the season.
"Now the sale has completed, we will be returning these monies to the Official Supporters Club.
"We also understand the frustration and anger of the supporters caused by the club being placed into administration and the significant conflict between the role of the administrators and the wishes of the supporters.
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"Unfortunately, in our role as administrators we have had to make difficult decisions which have been necessary to reduce costs and raise the necessary funds to pay football creditors and fund wages and other trading costs in a period when income has been limited due to the pandemic.
"We hope that these difficult decisions will be significant in the long term viability and history of the club.
"Finally, we would like to wish the club, the staff and all related parties all the best under the ownership of Phoenix 2021 Limited and in the fight to remain in League One this season."
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Incoming chairman Mr Talal Al-Hammad added: "This is the start of a new chapter in the history of Wigan Athletic. We feel extremely proud and happy at Phoenix 2021 Limited, in having completed the acquisition and I would like to congratulate Mr Al-Jasmi and everyone who participated in completing this new and promising acquisition.
"Personally, I feel excited and happy to start this new challenge. When I read messages from the supporters, I automatically feel positive and optimistic about the club's future.
"I thank all the fans who stood by the club, especially in the last nine months. Wigan Athletic fans are no different from a family standing together through thick and thin.
"All of the staff and players have gone to great lengths for this club despite the limited resources and tools in recent months. For the sacrifices of all the staff – not just the football staff – we are very thankful because they are the real heroes here.
"We can only thank them for all they have provided and for supporting the club in such circumstances.
"As a group, we have been looking forward to this day for what seems an eternity. The day has now come and I must thank the Wigan Athletic Official Supporters’ Club and Wigan Council for their excellent support.
"Our communication has been extremely encouraging, as has the dialogue with our local MP, Lisa Nandy. I would also like to place on record my thanks for the efforts of Rob Turner and his team at Brabners LLP.
"Above all, the encouragement we have received from all Wigan Athletic supporters everywhere has been overwhelming and heartfelt, underlining that the decision to be part of Wigan Athletic’s future is the right one.
"The fans have stayed with the club through a very dark period and we will do all we can to make sure the future of the Club is a much healthier and stable one."
The board of Phoenix 2021 - the 海角视频-based company owned by Abdulrahman Al-Jasmi through his investment company Europa Point Investment Corporation (EPIC) - will consist of Talal Al-Hammad as chairman, Tom Markham and Oliver Gottmann as non-executive directors, finance director Richard Bramwell and chief executive Malachy Brannigan.