Hard to know where to begin, it's that much different!
Ok, let's start that we had an owner Anderson whose financial interest/bargaining power was to sell the club rather than let it fall into liquidation - Wigan has an owner seeking to liquidate and quickly too, to raise income/stop continuing losses. So directly opposite objectives of the owners of the two clubs during Administration
We had at least major three creditors prepared to facilitate a purchase at their own personal disadvantage, namely EDT is still owed the best part of £7.5m owed to them and have recently taken out additional secured creditor status on the clubs assets because the terms of repayment have been effected FV's ability to pay with no revenue stream from matches since Covid hit. Warburton has not pressed for his £1m plus and awaits sale of land he is secured against and James has left his/PBP £6m in the club when he could easily have taken the money and walked away. Wigan have yet to find even a preferred bidder willing to pay £100k just to look at the books yet!
Our Admin/sale was not effected by the Covid situation, the business world was a completely different world to what it is now - Sharron and a venture capitalist have backed the club with £40m and if you add in EDT, Warburton and Michael James they've put in (or at least not taken out!) a further £15m or so. As I've already said, Wigan can't find anyone to even pay to look at the books let alone find that sort of money to invest in it!
I could go on but I think I've already made my point.
As for Wigan being stripped to the bones before anyone comes into save them, the time is against them.
There are already apparently £6m of football creditors (clubs like Barnsley and Everton who have player transfer instalments that have now fallen due to them) which as I understand it needs to be paid first before EFL will allow a sale to go through. Well a sale can go through but EFL will not let the new owners have the 'golden' share membership to play in the league.
Players such as Robinson and Williams (who both were on loan to us from Everton) have relegation release clauses of £1.5m and £2.5m respectively, so Wigan are only going to get 'fire sale' offers for their players right now.
At the same time players haven't been paid for July and the clock is ticking that if something isn't done soon they could walk away for free - with the £6m football creditors still needing to be paid no matter what.
There is also the possibility that Wigan could be hit with a further penalty points deduction this coming season of 15 points if they fail to pay of the 25% owing to unsecured creditors if and when a sale is finally agreed -
"Wigan are facing a further points deduction of up to 15 points should any new owner fail to pay 25% of the money owed to non-football creditors".
Apparently that sum is already at £1.5m - and rising daily!
On top of that the Administrators will take their payment out of the sale - and that won't be cheap!
The video I posted up earlier in the thread with the Administrator seemed to say (at least to my ears) that there is really only two weeks left to find a serious buyer and for the third time I'll point out that no one has even paid to look at the books yet let alone be serious about saving the club!
It might happen, football often defies business logic but from what I can see Wigan doesn't seem to have an Eddie Davies type saviour to ensure their survival (legacy) as Dave Whelan seems to have financial problems of his own right now, let alone several millions spare to rescue Wigan from the worst.
They are certainly up against it and with no white knight in sight for now.
Bassini territory at best I would say!