Escobarp Posted July 30, 2020 Share Posted July 30, 2020 Newcastle takeover off citing uncertainty over the next season etc etc. and wigan fans think they will be snapped up. 😂  toodle pip! Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 30, 2020 Moderators Share Posted July 30, 2020 I'll bet there's some piemen dreaming they will move in for wigan They'll even try to make a case for it Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 30, 2020 Share Posted July 30, 2020 30 minutes ago, Escobarp said: Newcastle takeover off citing uncertainty over the next season etc etc. and wigan fans think they will be snapped up. 😂  toodle pip! If that happens I’m leaving the U.K. forever. 😂 Quote Link to comment Share on other sites More sharing options...
Morizio Posted July 30, 2020 Share Posted July 30, 2020 38 minutes ago, Casino said: I'll bet there's some piemen dreaming they will move in for wigan They'll even try to make a case for it Fuelled by Howard the liar Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted July 30, 2020 Share Posted July 30, 2020 (edited) Apparently Wigans admins have asked for some dosh from each of the interested parties, but no-one is prepared to stump up because they don't know what division they'll be in next season (I do ,Div 1) and what debts/overheads they are likely to face.. I think it's their appeal against the 12 pts deduction tomorrow , the hearing is  expected to last all day (In reality it should last about 20 seconds) Edited July 30, 2020 by Burndens Bogs Quote Link to comment Share on other sites More sharing options...
Members Rudy Posted July 30, 2020 Members Share Posted July 30, 2020 I reckon it was Mike Ashley on the blag all along Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 30, 2020 Share Posted July 30, 2020 40 minutes ago, Burndens Bogs said: Apparently admins have asked for some dosh from each of the interested parties, but no-one is prepared to stump up because they don't know what division they'll be in next season (I do ,Div 1) and what debts/overheads they are likely to face.. I think it's their appeal against the 12 pts deduction tomorrow , the hearing is  expected to last all day (In reality it should last about 20 seconds) I cant see it lasting all day I still cant get my head around how the administrator can justify taking a punt on £500k legal fees in the hope of overturning established EFL rules. - If you go into Administration its an automatic deduction - end of. If after the 12 point deduction Wigan had finished 4th bottom none of this would be happening Am surprised the Inland Revenue as largest non football creditor at about £2.5 million have not challenged the administrator on spending money that could go to pay both his own fees and in part the creditors - it might be that nothing is actually substantially in arrears thus far, as far as HMRC are concerned       Quote Link to comment Share on other sites More sharing options...
Dr Faustus Posted July 30, 2020 Share Posted July 30, 2020 (edited) https://tse1.mm.bing.net/th?id=OGC.91ffaa08435df91ed9388393e02d2116&pid=Api&rurl=https%3a%2f%2fmedia.giphy.com%2fmedia%2f3orifa7REbapLe3qTu%2fgiphy.gif&ehk=bBlxcVySqYb5tk9G2%2bD93o%2fK5ScDXls1lLUlL1Bt09s%3d  Ffs Edited July 30, 2020 by Dr Faustus Technophobe Quote Link to comment Share on other sites More sharing options...
Escobarp Posted July 30, 2020 Share Posted July 30, 2020 4 minutes ago, Benny The Ball said: I cant see it lasting all day I still cant get my head around how the administrator can justify taking a punt on £500k legal fees in the hope of overturning established EFL rules. - If you go into Administration its an automatic deduction - end of. If after the 12 point deduction Wigan had finished 4th bottom none of this would be happening Am surprised the Inland Revenue as largest non football creditor at about £2.5 million have not challenged the administrator on spending money that could go to pay both his own fees and in part the creditors - it might be that nothing is actually substantially in arrears thus far, as far as HMRC are concerned       You would assume bills were upto date relatively so only what’s accrued since admin on all fronts. Quote Link to comment Share on other sites More sharing options...
Burndens Bogs Posted July 30, 2020 Share Posted July 30, 2020 Chatting to a Wigan fan the other day, he said the club have no debts. "Why are they in admin then?" says me, he said he didn't know. Quote Link to comment Share on other sites More sharing options...
Dr Faustus Posted July 30, 2020 Share Posted July 30, 2020 (edited) Oh just Fuck it Edited July 30, 2020 by Dr Faustus Quote Link to comment Share on other sites More sharing options...
Site Supporter Steejay Posted July 30, 2020 Site Supporter Share Posted July 30, 2020 Admin will be paying bills from player sales. Couple sold already but each month will get worse as the bills pile up.... including the players who aren’t getting paid.  Death by a thousand cuts. Loveleh. Quote Link to comment Share on other sites More sharing options...
Mantra Posted July 30, 2020 Share Posted July 30, 2020 Tomorrow is their appeal. Do Wigan find out immediately if they're successful or do they wait several weeks like in our case when we were waiting to hear if we got any deductions for the missed games? Quote Link to comment Share on other sites More sharing options...
kent_white Posted July 30, 2020 Share Posted July 30, 2020 I just can't see them winning an appeal against the EFL's own rules and another club being sent down in their place. Barnsley would go fucking mental and rightly so. Still it's the EFL so who knows? Quote Link to comment Share on other sites More sharing options...
Escobarp Posted July 30, 2020 Share Posted July 30, 2020 Barnsley are making an appearance at the appeal hearing. And rightly so too Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted July 31, 2020 Share Posted July 31, 2020 This QC Wigan have got representing them ( David Phillips ) , has , in a distinguished career got some highly relevant experience .. He chaired the regulatory commission at the disciplinary hearing against Wayne Shaw the Sutton United Keeper who ate a pie live during an FA Cup tie against Arsenal in february 2017 , to promote a betting company . Quote Link to comment Share on other sites More sharing options...
athywhite1958 Posted July 31, 2020 Share Posted July 31, 2020 According to The Mirror the decision will not be known until next week Quote Link to comment Share on other sites More sharing options...
BOWTUN BAKED Posted July 31, 2020 Share Posted July 31, 2020 Good, another week passed with no owners Tick tock Quote Link to comment Share on other sites More sharing options...
Popeye doyle Posted July 31, 2020 Share Posted July 31, 2020 13 hours ago, Steejay said: Admin will be paying bills from player sales. Couple sold already but each month will get worse as the bills pile up.... including the players who aren’t getting paid.  Death by a thousand cuts. Loveleh. I would have thought that potential buyers will be looking at those players as assets they could sell to recoup money. The longer those players keep getting sold to fund administration the less assets Wigan have. Then the club becomes less attractive to buyers and when they lose their appeal, you can probably count the number of potential buyers on one finger, Dave Whelan. Quote Link to comment Share on other sites More sharing options...
Site Supporter Steejay Posted July 31, 2020 Site Supporter Share Posted July 31, 2020 7 minutes ago, Popeye doyle said: I would have thought that potential buyers will be looking at those players as assets they could sell to recoup money. The longer those players keep getting sold to fund administration the less assets Wigan have. Then the club becomes less attractive to buyers and when they lose their appeal, you can probably count the number of potential buyers on one finger, leg. Dave Whelan. Correct. EFA Quote Link to comment Share on other sites More sharing options...
Escobarp Posted July 31, 2020 Share Posted July 31, 2020 1 hour ago, Popeye doyle said: I would have thought that potential buyers will be looking at those players as assets they could sell to recoup money. The longer those players keep getting sold to fund administration the less assets Wigan have. Then the club becomes less attractive to buyers and when they lose their appeal, you can probably count the number of potential buyers on one finger, Dave Whelan. When/if the club was bought the need for cash would still likely be the same and player sales would likely form part of that cash flow and business plan and buying clubs know this. but it’s all irrelevant. They have to sell players to pay the bills and fund the admin process.  the main asset in the group is the ground and land.  if they lose their appeal then I genuinely think they will go bust. Let’s hope so anyway Quote Link to comment Share on other sites More sharing options...
Matt Lofthouse Posted July 31, 2020 Share Posted July 31, 2020 Be a right shame if this appeal was dragged out, giving them false hope along the way. 😊  Quote Link to comment Share on other sites More sharing options...
Popeye doyle Posted July 31, 2020 Share Posted July 31, 2020 (edited) The appeal has concluded with judgement reserved. They'll have to wait and suffer longer. Edited July 31, 2020 by Popeye doyle Quote Link to comment Share on other sites More sharing options...
Popeye doyle Posted July 31, 2020 Share Posted July 31, 2020 Talks with the buyers will continue over the weekend and into next week. Quote Link to comment Share on other sites More sharing options...
Popeye doyle Posted July 31, 2020 Share Posted July 31, 2020 (edited) There's an update on latics speyk for anyone interested. Edited July 31, 2020 by Popeye doyle Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.