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

Edited February 17, 20215 yr by Casino

I'll bet there's some piemen dreaming they will move in for wigan

They'll even try to make a case for it

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. 😂

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

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, 20205 yr by Burndens Bogs

I reckon it was Mike Ashley on the blag all along

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 

 

 

 

 

 

 

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, 20205 yr by Dr Faustus
Technophobe

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. 

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.

Oh just Fuck it

Edited July 30, 20205 yr by Dr Faustus

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.

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?

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?

Barnsley are making an appearance at the appeal hearing. And rightly so too 

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 . 

According to The Mirror the decision will not be known until next week

Good, another week passed with no owners

Tick tock

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.

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

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 

Be a right shame if this appeal was dragged out, giving them false hope along the way. 😊

 

The appeal has concluded with judgement reserved. They'll have to wait and suffer longer.

Edited July 31, 20205 yr by Popeye doyle

Talks with the buyers will continue over the weekend and into next week.

There's an update on latics speyk for anyone interested.

Edited July 31, 20205 yr by Popeye doyle

Nixon latest.

Wigan. So there isn’t a preferred bidder any more. But a few people interested. And exchange of contracts by today didn’t happen.