marple whites Posted February 2, 2021 Share Posted February 2, 2021 7 minutes ago, Dr. Feelgood said: Div.3's relegation zone is far too tight to be comfortable about this lot getting relegated. Just have to believe the Administration ... & all that goes with it ... will get them. Another defeat, but it is as tight as a bull fighters underpants. the teams just above the zone just don’t seem to be picking up points and then every few weeks Wigan get a belting result. Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 2, 2021 Share Posted February 2, 2021 When do they get the 15 point punishment? Quote Link to comment Share on other sites More sharing options...
Ani Posted February 2, 2021 Share Posted February 2, 2021 4 minutes ago, Burndens Bogs said: When do they get the 15 point punishment? Last year Quote Link to comment Share on other sites More sharing options...
Max Cherry Posted February 3, 2021 Share Posted February 3, 2021 8 hours ago, Burndens Bogs said: When do they get the 15 point punishment? When the jokers buying them try to get them cheap (£1.5 million instead of £3 million) meaning can't pay the creditors the minimum allowed. Boom 15 points. Next best outcome after liquidation. Got rid of a raft of young players Monday to bring the likes of Proctor in. Going down at best. Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 3, 2021 Share Posted February 3, 2021 1 hour ago, Max Cherry said: When the jokers buying them try to get them cheap (£1.5 million instead of £3 million) meaning can't pay the creditors the minimum allowed. Boom 15 points. Next best outcome after liquidation. Got rid of a raft of young players Monday to bring the likes of Proctor in. Going down at best. Yeh, i thought it was summat like that. I remember the EFL dishing out strict deadlines to us when we were trying to complete our takeover. How come there hasn’t been any such deadlines with Wigans takeover? Quote Link to comment Share on other sites More sharing options...
Ani Posted February 3, 2021 Share Posted February 3, 2021 1 hour ago, Burndens Bogs said: Yeh, i thought it was summat like that. I remember the EFL dishing out strict deadlines to us when we were trying to complete our takeover. How come there hasn’t been any such deadlines with Wigans takeover? https://www.google.co.uk/amp/s/www.bbc.com/sport/amp/football/53649840 They had the points deducted last year and have not come out of admin since. Not sure how they can lose more points unless they can not play games Quote Link to comment Share on other sites More sharing options...
Lt. Aldo Raine Posted February 3, 2021 Share Posted February 3, 2021 1 hour ago, Burndens Bogs said: Yeh, i thought it was summat like that. I remember the EFL dishing out strict deadlines to us when we were trying to complete our takeover. How come there hasn’t been any such deadlines with Wigans takeover? Because so far they've been able to pay their debts Quote Link to comment Share on other sites More sharing options...
Traf Posted February 3, 2021 Share Posted February 3, 2021 Is there not a penalty for each season you compete under administration? If not, there should be. Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted February 3, 2021 Share Posted February 3, 2021 Just now, Traf said: Is there not a penalty for each season you compete under administration? If not, there should be. EFL rules dont allow a club to start 2 successive seasons in Administration - they will be thrown out if not bought Quote Link to comment Share on other sites More sharing options...
Traf Posted February 3, 2021 Share Posted February 3, 2021 Fingers crossed, eh? Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted February 3, 2021 Share Posted February 3, 2021 Going slightly off subject - has anyone looked at the Burnley takeover situation Great piece in the Guardian on it under the headline Burnley's US takeover has left club £90m worse off and loaded with debt Quite a sobering read - god help them when (and it will happen) they get relegated https://www.theguardian.com/football/2021/feb/02/burnley-us-takeover-has-left-club-90m-worse-off-and-loaded-with-debt Quote Link to comment Share on other sites More sharing options...
Site Supporter Steejay Posted February 3, 2021 Site Supporter Share Posted February 3, 2021 9 minutes ago, Benny The Ball said: Going slightly off subject - has anyone looked at the Burnley takeover situation Great piece in the Guardian on it under the headline Burnley's US takeover has left club £90m worse off and loaded with debt Quite a sobering read - god help them when (and it will happen) they get relegated https://www.theguardian.com/football/2021/feb/02/burnley-us-takeover-has-left-club-90m-worse-off-and-loaded-with-debt That'll soon happen when Dyche decides to move on. He's their Allardyce. Quote Link to comment Share on other sites More sharing options...
Traf Posted February 3, 2021 Share Posted February 3, 2021 Yes, it hasn't gone down too well here in E. Lancs. Much anger is directed towards Mike Garlick, as he sold his shares in full knowledge of how the takeover was to be funded. Quote Link to comment Share on other sites More sharing options...
Whitesince63 Posted February 3, 2021 Share Posted February 3, 2021 Comparing Burnley to Man ure is just ridiculous. The turnover is nowhere near comparable and although the numbers at Burnley are smaller, the costs needed to retain PL status for any club are substantial and can’t be ignored. Previously, if Burnley were relegated, without debt and cash in the bank, they would be in prime position to bounce straight back without wrecking their team. Relegation now with debts like that would be catastrophic. It will be interesting to see what interest rate for the loan is being charged to the club but either way, if you were a Burnley fan, you couldn’t be confident on this turning out well in the long run. Quote Link to comment Share on other sites More sharing options...
Site Supporter Biggish Dave Posted February 3, 2021 Site Supporter Share Posted February 3, 2021 I hope we are still 10 years ahead of Burnley Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 3, 2021 Share Posted February 3, 2021 3 hours ago, Ani said: https://www.google.co.uk/amp/s/www.bbc.com/sport/amp/football/53649840 They had the points deducted last year and have not come out of admin since. Not sure how they can lose more points unless they can not play games They lose another 15 points if the new buyers don’t cough up 25p in the £1 to the creditors. Quote Link to comment Share on other sites More sharing options...
Lt. Aldo Raine Posted February 3, 2021 Share Posted February 3, 2021 1 hour ago, Benny The Ball said: Going slightly off subject - has anyone looked at the Burnley takeover situation Great piece in the Guardian on it under the headline Burnley's US takeover has left club £90m worse off and loaded with debt Quite a sobering read - god help them when (and it will happen) they get relegated https://www.theguardian.com/football/2021/feb/02/burnley-us-takeover-has-left-club-90m-worse-off-and-loaded-with-debt I mentioned it earlier on in this thread. Their new owner/chairman seems a right "character". It doesn't bode well for them in my opinion. Quote Link to comment Share on other sites More sharing options...
Lt. Aldo Raine Posted February 3, 2021 Share Posted February 3, 2021 17 minutes ago, Burndens Bogs said: They lose another 15 points if the new buyers don’t cough up 25p in the £1 to the creditors. After exiting administration they will have to pay unsecured creditors either: 25p in the pound within 2 years, or 35p in the pound within 3 years Quote Link to comment Share on other sites More sharing options...
Underpants Posted February 3, 2021 Share Posted February 3, 2021 Seriously. Why would anyone, who has no affinity with the town, want to buy WAFC? Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 3, 2021 Share Posted February 3, 2021 2 hours ago, Underpants said: Seriously. Why would anyone, who has no affinity with the town, want to buy WAFC? Same could be said of us, or any other town team really, Quote Link to comment Share on other sites More sharing options...
Site Supporter Good Knee Posted February 3, 2021 Site Supporter Share Posted February 3, 2021 6 minutes ago, Burndens Bogs said: Same could be said of us, or any other town team really, Like we have said before though you would be getting some serious football history with our club, from a football town also. Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted February 3, 2021 Site Supporter Share Posted February 3, 2021 We were rescued from an arguably worse position too- having to deal with CUNT no doubt put some off. Quote Link to comment Share on other sites More sharing options...
Underpants Posted February 3, 2021 Share Posted February 3, 2021 2 hours ago, Burndens Bogs said: Same could be said of us, or any other town team really, I get that. But Wigan! Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted February 3, 2021 Share Posted February 3, 2021 1 minute ago, Underpants said: I get that. But Wigan! Wigan fans actually refer to the FA Cup as "Our Cup" Tinpot tossers. Quote Link to comment Share on other sites More sharing options...
Sweep Posted February 3, 2021 Share Posted February 3, 2021 2 hours ago, Good Knee said: Like we have said before though you would be getting some serious football history with our club, from a football town also. I'm not sure these foreign types are remotely arsed about the "history" of the clubs they buy. Some, if they're daft, may know that Wigan fairly recently won the FA Cup, and we haven't won anything for over 60 years, and see that as their marker for success. Quote Link to comment Share on other sites More sharing options...
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