awandering Posted August 21, 2020 Share Posted August 21, 2020 They kicked Bury out of the Carabao Cup before the league I seem to remember so assume they could do the same. Might depend if they can put out a team or not as giving their first round opponents a bye is not much different to giving a potential second round opponent a bye. Quote Link to comment Share on other sites More sharing options...
BOWTUN BAKED Posted August 21, 2020 Share Posted August 21, 2020 11 minutes ago, Benny The Ball said: Burys Carabao Cup match was called off by the EFL on the 8th september and was due to be played on the 13th. Wigans match is due to be played on 5th september , therefore would expect it called off on 31st August , except that is a bank holiday , therefore probably be called off next friday 28th August. EFL also issued 14 day notice to Bury of withdrawal of League membership on same day ( 8th August ) , it had originally been issued on 25th July but was initially issued and suspended So If they are consistent something will happen next week Ah! It's those sort of facts that warm the cockles of your heart. Tic Tock! Quote Link to comment Share on other sites More sharing options...
barrycowdrill Posted August 21, 2020 Share Posted August 21, 2020 EFL and consistency? Hmmm ok. The only consistency is -12 points when admin is activated. The rest... Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted August 21, 2020 Share Posted August 21, 2020 If the large debts have been written off then the amount of money required to take the club on isn’t massive I’m sure someone will step in, just hope they don’t have deep pockets Quote Link to comment Share on other sites More sharing options...
Site Supporter Biggish Dave Posted August 21, 2020 Site Supporter Share Posted August 21, 2020 7 minutes ago, birch-chorley said: If the large debts have been written off then the amount of money required to take the club on isn’t massive I’m sure someone will step in, just hope they don’t have deep pockets Even with players sold they will still be bleeding money - and they are going to have to aim towards getting their wages down towards the l1 salary cap. I'd still like a few more gone - get Morsy, Lowe, Marshall (if he's not gone) Naismith and byrne away, then i'll be confident they aren't coming back up again Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 21, 2020 Share Posted August 21, 2020 They run at c10m loss per year on championship revenue. Adjust that for league one and say 15m. Players they have sold so far are just to keep club afloat currently so that money is sunk with a wage saving to be had of course. Even with owners debt gone they are going to have to clear rest off inc HMRC plus show that they can fund the club for 2 years . Even with a reduced wage bill from players gone so far and expected to go the are still going to run at a loss of probably 8m a year so that 16m someone is going to have to evidence and be prepared to lose on top of the money to clear off the creditors at the prevailing rates in the pound. it’s a sizeable chunk of money this. Quote Link to comment Share on other sites More sharing options...
MalcolmW Posted August 21, 2020 Share Posted August 21, 2020 18 minutes ago, Escobarp said: They run at c10m loss per year on championship revenue. Adjust that for league one and say 15m. Players they have sold so far are just to keep club afloat currently so that money is sunk with a wage saving to be had of course. Even with owners debt gone they are going to have to clear rest off inc HMRC plus show that they can fund the club for 2 years . Even with a reduced wage bill from players gone so far and expected to go the are still going to run at a loss of probably 8m a year so that 16m someone is going to have to evidence and be prepared to lose on top of the money to clear off the creditors at the prevailing rates in the pound. it’s a sizeable chunk of money this. And the 31st is a Bank Holiday. Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted August 21, 2020 Share Posted August 21, 2020 16 minutes ago, Escobarp said: They run at c10m loss per year on championship revenue. Adjust that for league one and say 15m. Players they have sold so far are just to keep club afloat currently so that money is sunk with a wage saving to be had of course. Even with owners debt gone they are going to have to clear rest off inc HMRC plus show that they can fund the club for 2 years . Even with a reduced wage bill from players gone so far and expected to go the are still going to run at a loss of probably 8m a year so that 16m someone is going to have to evidence and be prepared to lose on top of the money to clear off the creditors at the prevailing rates in the pound. it’s a sizeable chunk of money this. Wonder what the admins would do If say Potential football club buyer offers a really low sum to buy because of all the running costs - say £2 million for the lot and provides proof of funding for club over two years and Wigan Rugby offer £2.5 million just for the stadium Could we end up in a situation we had with FV and the Hotel ? Be good viewing whilst the clock ticks down Quote Link to comment Share on other sites More sharing options...
Whitesince63 Posted August 21, 2020 Share Posted August 21, 2020 I understand that the EFL have already indicated they would allow them to start the season if a takeover isn’t fully completed with the additional 14 days, so I don’t think there’s quite as much pressure as there might have been. Also with the Chinese cancelling the debt repayment plus player sales Wigan don’t seem to be in a bad place financially and will have enough to repay all creditors. If as speculated, the American consortium are seriously interested, they have more than deep enough pockets to cover the required running costs. My only question would be why they want to? A small club with little real fan base, a ground far too big to ever fill, training grounds they don’t really need now they’ve binned their U23’s and a big loss every year. It would take serious money to even think about getting back to the Championship, let alone the PL, so why would wealthy businessmen want to own them? Quote Link to comment Share on other sites More sharing options...
blackleywhite Posted August 21, 2020 Share Posted August 21, 2020 My thoughts exactly. Why the fuck would you want to own Wigan? Zero prospect of ever being self sufficient in anything other than the 4th division. Zero history. Quote Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted August 21, 2020 Site Supporter Share Posted August 21, 2020 4 hours ago, BOWTUN BAKED said: Ah! It's those sort of facts that warm the cockles of your heart. Tic Tock! Talking of facts, I’ve not seen Malcolm on here lately. Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 21, 2020 Share Posted August 21, 2020 Just now, MickyD said: Talking of facts, I’ve not seen Malcolm on here lately. Only 4 posts up the page 🙄 Quote Link to comment Share on other sites More sharing options...
H Posted August 21, 2020 Share Posted August 21, 2020 (edited) Apart from 4 posts back Edited August 21, 2020 by H Fastest finger first E Quote Link to comment Share on other sites More sharing options...
Site Supporter MickyD Posted August 21, 2020 Site Supporter Share Posted August 21, 2020 Just looked. Must’ve missed that. Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 21, 2020 Share Posted August 21, 2020 1 hour ago, Benny The Ball said: Wonder what the admins would do If say Potential football club buyer offers a really low sum to buy because of all the running costs - say £2 million for the lot and provides proof of funding for club over two years and Wigan Rugby offer £2.5 million just for the stadium Could we end up in a situation we had with FV and the Hotel ? Be good viewing whilst the clock ticks down Good point. I’m not completely convinced owner is going to walk away without nothing leaving 85% share in a ground worth 30m+. But if he does then you could feasibly end up in a situation like that. And remember the admins have to act in the best interest of all creditors so couldn’t just accept whatever bid keeps the club alive. it’s far from over this yet Quote Link to comment Share on other sites More sharing options...
athywhite1958 Posted August 21, 2020 Share Posted August 21, 2020 1 hour ago, Escobarp said: Good point. I’m not completely convinced owner is going to walk away without nothing leaving 85% share in a ground worth 30m+. But if he does then you could feasibly end up in a situation like that. And remember the admins have to act in the best interest of all creditors so couldn’t just accept whatever bid keeps the club alive. it’s far from over this yet Please be correct Quote Link to comment Share on other sites More sharing options...
snowball Posted August 21, 2020 Share Posted August 21, 2020 Goalie latest to go and coach (to Chelsea) be a depleted bunch in training and think more will be on the way next week. Big rebuilding job for new owner and new lot will be nowhere near standard theyve been used to. Love to see their crowds if they are as hopeless as we have been for last few seasons. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 21, 2020 Share Posted August 21, 2020 3 minutes ago, snowball said: Goalie latest to go and coach (to Chelsea) be a depleted bunch in training and think more will be on the way next week. Big rebuilding job for new owner and new lot will be nowhere near standard theyve been used to. Love to see their crowds if they are as hopeless as we have been for last few seasons. Love to see a bulldozer smashing the stadium up to be honest. Quote Link to comment Share on other sites More sharing options...
MalcolmW Posted August 21, 2020 Share Posted August 21, 2020 5 hours ago, MickyD said: Talking of facts, I’ve not seen Malcolm on here lately. I was incommunicado in Bamburgh for several days. No phone signal, no paper shop, but at least I bumped into Brendan Foster - 25 years to the day since I last met him (in Gotherburg Airport). Whelan pulled the plug on Orrell RUFC. Wigan RFLC will do no favours for Athletic. Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted August 22, 2020 Share Posted August 22, 2020 Think they will be ok, certainly don't think it’s going in the same direction as Bury The key will be timing, if they start the season with it up in the air and they have to make up the team with kids they will get hammered like we did When does the transfer window shut this season? Realistically any takeover needs completing a good couple of weeks before that shuts to allow them to sort themselves out. If it’s completed just before or after then they will struggle next season Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 22, 2020 Share Posted August 22, 2020 (edited) 5 minutes ago, birch-chorley said: Think they will be ok, certainly don't think it’s going in the same direction as Bury The key will be timing, if they start the season with it up in the air and they have to make up the team with kids they will get hammered like we did When does the transfer window shut this season? Realistically any takeover needs completing a good couple of weeks before that shuts to allow them to sort themselves out. If it’s completed just before or after then they will struggle next season You might be right, but I don’t see any genuinely interested parties, think they are on life support, no news from Admin, Kendrick (Wigan Times) or Nixon on any deals that’s look close, and as someone mentioned they’ve probably got a week to get a deal at least in the pipeline to allow them to start the season. Edited August 22, 2020 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
tomski Posted August 22, 2020 Share Posted August 22, 2020 7 minutes ago, birch-chorley said: Think they will be ok, certainly don't think it’s going in the same direction as Bury The key will be timing, if they start the season with it up in the air and they have to make up the team with kids they will get hammered like we did When does the transfer window shut this season? Realistically any takeover needs completing a good couple of weeks before that shuts to allow them to sort themselves out. If it’s completed just before or after then they will struggle next season Admin won’t take it past 31st Aug unless a buyer found. Quote Link to comment Share on other sites More sharing options...
Site Supporter Biggish Dave Posted August 22, 2020 Site Supporter Share Posted August 22, 2020 Transfer deadline is early October. Wigan still have a few too many decent players left yet. They will desperately want them gone in the next or so Quote Link to comment Share on other sites More sharing options...
Duck Egg Posted August 22, 2020 Share Posted August 22, 2020 35 minutes ago, tomski said: Admin won’t take it past 31st Aug unless a buyer found. They said that before the larger debt was written off. If someone's close, I wouldn't be surprised to see them continuing to operate into the season Quote Link to comment Share on other sites More sharing options...
Whitesince63 Posted August 22, 2020 Share Posted August 22, 2020 The transfer deadline is probably irrelevant this year as there will be so many out of contract players looking for clubs it won’t matter. The only problem will be that they won’t be properly fit and will struggle just as we did. Sounds like they have two offers currently, one from Lenighan and the American consortium, so a deal should be done of some kind. Quote Link to comment Share on other sites More sharing options...
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