Dave Whelan is open to Wigan being taken over and now looks set for a Far East dealPA:Press AssociationWigan were promoted to the Championship in 2016 but were relegated last yearGetty Images - Getty
K8 are big in Asia, with bases in China, Vietnam and the Philippines.
However K8, who have online gambling and casinos worldwide in their portfolio, wanted to own their own club and take it to the top level.
Chief executive Vincent Huang has been to Wigan to finalise the move and due diligence has been carried out.
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Future of Wigan boss Paul Cook could be under threat if takeover is completedRex Features
The Football League will have to ratify the deal, but the company have already shown their wealth in other deals.
Huang first became involved in English football when K8 backed West Brom by sealing a big shirt deal. They also moved into Cardiff before the plum deal with City last summer – but this will be their biggest move into football yet.
There is enough money around to buy Wigan and put cash in to take them to the Premier League.
Dave Whelan has agreed to sell the club in £15million deal
Buying Wigan gives K8 more exposure, with the possibility of shirt sponsorship and renaming the ground as they rise back up the league ladder.
The move leaves questions over the futures of chairman David Sharpe and boss Paul Cook.
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