They have loved our demise now the boot is on the other foot; HA HA HA

Edited February 17, 20215 yr by Casino

36 minutes ago, Escobarp said:

And let’s not forget it’s the admins who will be appealing. The club is ran by them. 

£££££

9 minutes ago, Jol_BWFC said:

£££££

They are paid by the hour so they will be happy to do so as you correctly point out. All adds up. Plus they will be bringing in their “legal team” aka pals 

20 minutes ago, Escobarp said:

They are paid by the hour so they will be happy to do so as you correctly point out. All adds up. Plus they will be bringing in their “legal team” aka pals 

I have a slightly different view, but same effect. Administrators have to appeal - the only way of realistically getting a decent sale away.

From the administrators‘ and legal firms’ perspective, why should they not get paid for what they do?

If someone said to you, “we’re in the shit so how about you come and do some work for us for free (or we might not pay you if you submit an invoice)” would you do it? 

Edited July 26, 20205 yr by Jol_BWFC

2 minutes ago, Jol_BWFC said:

I have a slightly different view, but same effect. Administrators have to appeal - the only way of realistically getting a decent sale away.

From the administrators‘ and legal firms’ perspective, why should they not get paid for what they do?

If someone said to you, “we’re in the shit so how about you come and do some work for us for free (or we might not pay you if you submit an invoice)” would you do it? 

I’ve spent a lot of time working with admins as the major secured creditor. Thus the admins were appointed by me and working for me. 

this appeal is a 0.5m/£1m punt  with huge upside if it comes off.
and of course people like lawyers etc will work for them  

i used to get wined and dined and taken all over the place by the big four and the large legal firms. I was their pay Cheque in essence as were my colleagues 

 

money makes the world go round 

 

37 minutes ago, Escobarp said:

I’ve spent a lot of time working with admins as the major secured creditor. Thus the admins were appointed by me and working for me. 

this appeal is a 0.5m/£1m punt  with huge upside if it comes off.
and of course people like lawyers etc will work for them  

i used to get wined and dined and taken all over the place by the big four and the large legal firms. I was their pay Cheque in essence as were my colleagues 

 

money makes the world go round 

 

Will the players not have relegation clauses in their contracts so the wage bill goes down if they get relegated? If they win the appeal and stay up they will have the same wage bill (until they sell players) and some players will have bonuses for avoiding relegation written into their contracts. Don't know the difference between league 1 and championship money but I'm guessing its not millions different. 

9 minutes ago, Andy Gee said:

Will the players not have relegation clauses in their contracts so the wage bill goes down if they get relegated? If they win the appeal and stay up they will have the same wage bill (until they sell players) and some players will have bonuses for avoiding relegation written into their contracts. Don't know the difference between league 1 and championship money but I'm guessing its not millions different. 

It's about £5M.

On 23/07/2020 at 19:33, leigh white said:

No, just the fact they pipped us for promotion in 75/76, and the cunts surrounding our van when we lost 4-0 in 78.

Fair do's. Somewhere in the sands of time is a clip from MOTD, filmed from above the Embankment, from the Manny Rd paddock iirc, a big 'hole' opens up after much scrapping and a boing boing stands there in the middle, giving it the big 'come an' have a go if you think you're hard enough' bit and a Wanderer runs up and gives him a flying kick to the face. Cue Jimmy Hill, 'disgusting! He comes in and delivers a Kung Fu Kick!'      Long before Eric Cantona........................................

14 minutes ago, Offshore said:

Fair do's. Somewhere in the sands of time is a clip from MOTD, filmed from above the Embankment, from the Manny Rd paddock iirc, a big 'hole' opens up after much scrapping and a boing boing stands there in the middle, giving it the big 'come an' have a go if you think you're hard enough' bit and a Wanderer runs up and gives him a flying kick to the face. Cue Jimmy Hill, 'disgusting! He comes in and delivers a Kung Fu Kick!'      Long before Eric Cantona........................................

Had a few good times around the pubs near the Hawthorns, went in to a pikey place in Handsworth, and was ill for days after supping some local bilge.

Bored so cheered myself up with a browse back on 'tics speak'. seems sympathy from 'Jelly and ice cream' has upset some no end just because if user name. pmsl

13 hours ago, Andy Gee said:

Will the players not have relegation clauses in their contracts so the wage bill goes down if they get relegated? If they win the appeal and stay up they will have the same wage bill (until they sell players) and some players will have bonuses for avoiding relegation written into their contracts. Don't know the difference between league 1 and championship money but I'm guessing its not millions different. 

Technically, they didn’t get relegated, the players would argue they earned enough points to stay up and did their job. It was the club hierarchy that got them relegated.

If I was a Wigan player/agent, I’d certainly be fighting my corner to avoid a wage drop.

and you would lose

You might be able to argue staying up bonuses were due

Points gained etc

But if they're in 3rd tier, wages will be whatever was agreed

Latest from the admins, looks like the interested buyers are waiting for the appeal outcome. 

https://wiganathletic.com/news/2020/july/Statement-Update-From-The-Joint-Administrators/

10 minutes ago, Popeye doyle said:

Latest from the admins, looks like the interested buyers are waiting for the appeal outcome. 

https://wiganathletic.com/news/2020/july/Statement-Update-From-The-Joint-Administrators/

Tick tock 

Pop goes the weasel

They're convinced they'll win this appeal, if they do, huge can of worms opening.

5 minutes ago, DomRepWanderer said:

They're convinced they'll win this appeal, if they do, huge can of worms opening.

They’re delusional fucking inbred retards. Makes it even funnier to watch 

11 minutes ago, DomRepWanderer said:

They're convinced they'll win this appeal, if they do, huge can of worms opening.

Who are 'they'

Just now, Casino said:

Who are 'they'

Fans

Ahh

Thats fair enough. They have no idea

Is their forum one of those shitty vital football boards, or have they got a proper one like we have with our several?

8 minutes ago, DomRepWanderer said:

They're convinced they'll win this appeal, if they do, huge can of worms opening.

It would be a nightmare for the efl. Approximately 40+ English clubs have entered administration in the past, the scale is enormous. The best result for football would be the points deduction stands and it then discourages other clubs from challenging points deductions in future.

 

Just now, Popeye doyle said:

It would be a nightmare for the efl. Approximately 40+ English clubs have entered administration in the past, the scale is enormous. The best result for football would be the points deduction stands and it then discourages other clubs from challenging points deductions in future.

 

Add to that, teams could go into admin and appeal their points deduction, if EFL set a precedence, then chaos will prevail, no fucking way are EFL going to let that happen.

4 minutes ago, Popeye doyle said:

It would be a nightmare for the efl. Approximately 40+ English clubs have entered administration in the past, the scale is enormous. The best result for football would be the points deduction stands and it then discourages other clubs from challenging points deductions in future.

 

Which is why nobody has ever had one overturned for admin 

What happened at Blackpool?  I seem to remember them entering admin or similar but not getting a points deduction around the time we did.  It was explained at the time why they didnt get a deduction and generally accepted but I can't for the life of me remember why.

The EFL board concluded “that the appointment of the receiver is not material to the club’s ability to fulfill its obligations as a member club and as a result should not be regarded as having suffered an insolvency event, meaning a 12-point deduction is not applicable”.