Also that season they reached the Third Round of the FA Cup, the furthest Borough would ever progress in the competition. Though they lost the match against Sheffield Wednesday 3–1, a Springfield Park record 30,443 crowd saw the game. In 1931, the effects of the Great Depression proved too much and, unable to pay the players' wages any longer, Wigan Borough went out of business on 26 October 1931 with liabilities of £30,000. In truth the club had only made a profit for one year since they had been in the Football League. The last four players Doran, Russell, Hartley and Hallam were given free transfers in mid-December. The following year, Wigan's Mayor chaired a public meeting at Queens Hall which resulted in the founding of Wigan Athletic. It would not be until 2 June 1978, however, that Wigan would have a side in the Football League once more, and four more years would be needed to restore third-tier football to the town. Noted players Club records Highest League Position: 4th, Football League Third Division North Largest win: 9–1 vs Lincoln (Football League Third Division North) Highest attendance: 30,443 vs Sheffield Wednesday (FA Cup Third Round) References External links Ultimate Wigan Athletic Website Wigan Borough Football Club – Complete Sport in Wigan Defunct football clubs in England Defunct English Football League clubs Association football clubs disestablished in 1931 Lancashire Combination Defunct football clubs in Lancashire 1920 establishments in England 1931 disestablishments in England Association football clubs established in 1920