Mounts Kipper Posted August 19, 2020 Share Posted August 19, 2020 (edited) Nixon tweeting yanks interested same yanks who own Ostend and Tampa bay rays, worth 5 billion. I’m doubtful. Pop. Edited August 19, 2020 by Mounts Kipper Quote Link to comment Share on other sites More sharing options...
Lt. Aldo Raine Posted August 19, 2020 Share Posted August 19, 2020 I think it hinges on the status of 'that' loan. Secured, and to be paid in full, and it's certainly game over. Unsecured, and repaid at 25p in the pound or less, and they'll get sorted. Quote Link to comment Share on other sites More sharing options...
ZiggyStardust Posted August 20, 2020 Share Posted August 20, 2020 Its getting close to Bassini time .......... Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 20, 2020 Share Posted August 20, 2020 The fact he’s not been sniffing around tells you just how shit this really must be Quote Link to comment Share on other sites More sharing options...
Sweep Posted August 20, 2020 Share Posted August 20, 2020 15 hours ago, CJG said: This reads very bad for Wigan. This American would rather sort the Charlton ownership mess than take Wigan on. Sandgaard also spoke to the administrators at Wigan about potentially buying the Latics. The two parties had two lots of communication before Sandgaard eventually walked away, even though he accepts Wigan would have been a far easier deal to do. "It had all been cleaned up," he said. "But I find much more potential in Charlton." https://www.bbc.co.uk/sport/football/53837348 Given a choice, if you wanted to buy a club, it would be Charlton all day long, by a million miles. Far more potential, London based.....and not Wigan Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted August 20, 2020 Share Posted August 20, 2020 Wigan situation getting interesting Latest from the Admins published on club website "The Joint Administrators have previously made references to the club owing debts of £25.3 million and £10.7 million to Next Leader Fund, L.P. and Wigan Athletic Holdings Limited respectively. There has been much speculation, both on social media and elsewhere, regarding these debts and to what extent they would need to be repaid in the event of a successful sale of the club. We should like to clarify this matter and to now inform fans that the Administrators have been in discussions with Mr Yeung, who has cooperated fully for the benefit of the club and who has agreed, in order to ensure the survival of the club and to give the Administrators the best possible chance to agree a sale, to waive his rights to the repayment of the debts owed to him and to his companies. He has given the Administrators the powers necessary to put this into effect and to use all monies for the benefit of the club. By waiving all his rights Mr Yeung has also made it much more possible to pay the necessary 25p dividend to the creditors and thus avoid a further 15 point penalty next season.” “The Joint Administrators note that in the Sun article of the 20 August, its professional journalist Mr Alan Nixon goes into great detail about a bid from Randy Frankel and Michael Kalt. Firstly, we would point out that release of any information by them (or someone in their group) is a complete breach of the non-disclosure agreement. Secondly, we would inform fans in the light of this breach that no credible bid has been received from this organisation that would lead to the saving of the football club. Talks, however, are continuing with serious bidders with a view to bringing a successful sale to fruition.” Quote Link to comment Share on other sites More sharing options...
Johnnyrotten Posted August 20, 2020 Share Posted August 20, 2020 On 18/08/2020 at 20:35, bolton va va said: That sounds like a significant development. Now they just need to get rid of a few more players and their contracts to give themselves a fighting chance of someone being interested. Williams has gone to Bristol. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted August 20, 2020 Moderators Share Posted August 20, 2020 So, hes written off a paper debt of 35 million Wonder why he would do that? Quote Link to comment Share on other sites More sharing options...
masi 51 Posted August 20, 2020 Share Posted August 20, 2020 without that debt why/how did they go into administration? Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 20, 2020 Share Posted August 20, 2020 5 minutes ago, masi 51 said: without that debt why/how did they go into administration? That wasn’t why they went in. They went in simply because the owner wouldn’t subsidize the losses any longer. Quote Link to comment Share on other sites More sharing options...
Popeye doyle Posted August 20, 2020 Share Posted August 20, 2020 That debt has been the stumbling block all along. They'll probably find a buyer now but they may have learnt to be a bit more humble after all this. Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 20, 2020 Share Posted August 20, 2020 Yes they will find a buyer but I cannot see Anyone taking it on and funding the same losses as the current previous owners. They will sink back to their rightful level but sadly shall survive Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted August 20, 2020 Share Posted August 20, 2020 28 minutes ago, Casino said: So, hes written off a paper debt of 35 million Wonder why he would do that? In the long run that might be a cheaper option - Presumably Admins have a good case against him and he's been advised accordingly These people live in a very murky world - think Fraud , Tax Evasion , Money Laundering Dont think its been done to gain popularity amongst the Pie Eaters Quote Link to comment Share on other sites More sharing options...
masi 51 Posted August 20, 2020 Share Posted August 20, 2020 if he exists Quote Link to comment Share on other sites More sharing options...
Escobarp Posted August 20, 2020 Share Posted August 20, 2020 😂😂😂😂😂😂😂😂😂😂 Quote Link to comment Share on other sites More sharing options...
Site Supporter Steejay Posted August 20, 2020 Site Supporter Share Posted August 20, 2020 Williams gone for £2.5m!!! He must have improved a bit since he left us then. Quote Link to comment Share on other sites More sharing options...
Lt. Aldo Raine Posted August 20, 2020 Share Posted August 20, 2020 1 hour ago, Mr Grey said: Who would want to buy them in this age, shit club, no fanbase, losing money.... It will be an Anderson or Bassini type, in other words some bloke in a tank top wearing blue suede loafers. Plenty of people still want to get into English football, and they can be picked up relatively cheaply. Quote Link to comment Share on other sites More sharing options...
Jol_BWFC Posted August 20, 2020 Share Posted August 20, 2020 1 hour ago, Casino said: So, hes written off a paper debt of 35 million Wonder why he would do that? Maybe the bookies have finally paid out on his bet that Wigan will be relegated Quote Link to comment Share on other sites More sharing options...
W.cramp Posted August 20, 2020 Share Posted August 20, 2020 They have a charity appeal song out. Honest , just stumbled upon it on fbook. Quote Link to comment Share on other sites More sharing options...
Site Supporter Spider Posted August 20, 2020 Site Supporter Share Posted August 20, 2020 FFS They'll probably survive now, the fucking lobby sodden peasants. We'll pass them on the way back up next year as the football universe starts a long-overdue correction. Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted August 20, 2020 Share Posted August 20, 2020 4 hours ago, Spider said: FFS They'll probably survive now, the fucking lobby sodden peasants. We'll pass them on the way back up next year as the football universe starts a long-overdue correction. I’m still not convinced they’ll be bought. Quote Link to comment Share on other sites More sharing options...
SatanGreavsie Posted August 20, 2020 Share Posted August 20, 2020 4 hours ago, W.cramp said: They have a charity appeal song out. Honest , just stumbled upon it on fbook. is it this? Quote Link to comment Share on other sites More sharing options...
Duck Egg Posted August 20, 2020 Share Posted August 20, 2020 I'm positive they'll get bought now. The relegation has been nice but they've sold a few players, wont be getting another points deduction and will probably get new owners. A shame but better than nowt. Quote Link to comment Share on other sites More sharing options...
Duck Egg Posted August 20, 2020 Share Posted August 20, 2020 5 minutes ago, SatanGreavsie said: is it this? I see it was the usual packed house that day. Quote Link to comment Share on other sites More sharing options...
Andy Gee Posted August 20, 2020 Share Posted August 20, 2020 15 minutes ago, Mr Grey said: Probably by that shite Wiggin band Starsailor Thought they were from Chorley? Did some good songs in the early 2000s "Don't you know you got your daddy's eyes, your daddy was an alcoholic" is one of my favourite lyrics (doesn't work as a chat up line though). Quote Link to comment Share on other sites More sharing options...
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