August 7, 20206 yr I've not said much on Wigan's impending demise, as I've been too busy laughing at them. Hopefully, their local derby in the 2021-22 season will be against AFC Bury in the North West Counties League as a phoenix club.
August 7, 20206 yr Salary cap doesn’t really affect us hugely does it. More about dragging other clubs in line with our limitations. Doubt the impact at this level would be huge anyway as there aren’t many who generate decent revenue and spend huge amounts. If/when we do get promoted the cap will level the playing field far better in L1
August 7, 20206 yr 9 hours ago, bolty58 said: Became clear to me at Walmsleys apprentice school down Union Road. Who else would use the term 'moggy' for a mouse? :lol:, my mother used to call a mouse a moggy. She was fro Leyth though
August 7, 20206 yr 3 hours ago, MickyD said: If you drew the same large diameter circle around a coastal town that you do around an inland town or city as your catchment area half of your catchment would be fish. Cod Army init
August 7, 20206 yr Local toilet rag doesn’t help when it’s publicising shite like this : https://www.wigantoday.net/sport/football/how-wigan-athletics-ps19m-squad-market-value-ranks-alongside-every-other-league-one-club-2934858
August 7, 20206 yr 21 minutes ago, Plums said: Local toilet rag doesn’t help when it’s publicising shite like this : https://www.wigantoday.net/sport/football/how-wigan-athletics-ps19m-squad-market-value-ranks-alongside-every-other-league-one-club-2934858 What a crock of made up bullshit, Peterborough £3.4m, Toney must be worth more than that alone, and that's just an example.
August 7, 20206 yr Thing is it gives them more hope and also as mentioned it’s a crock of shit anyway. But it gives them hope which is fun 😁
August 7, 20206 yr 16 minutes ago, DomRepWanderer said: What a crock of made up bullshit, Peterborough £3.4m, Toney must be worth more than that alone, and that's just an example. Goes off the values on Transfermarkt which I guess they don't update very often. Ivan Toney is worth 360 thousand. Josh Vela (1.1m) and Gary Madine(1.8) are some of the most expensive league 1 players.
August 7, 20206 yr 1 hour ago, Escobarp said: Thing is it gives them more hope and also as mentioned it’s a crock of shit anyway. But it gives them hope which is fun 😁 The longer it goes on with no bids the more likely the Rugby club and the council step in to secure the Stadium Stadium is the only thing worth salvaging Accounts for the stadium which is in a separate company shows it is 15% owned by the Council already and has no charges against it https://beta.companieshouse.gov.uk/company/03477413/more
August 7, 20206 yr 6 minutes ago, Benny The Ball said: The longer it goes on with no bids the more likely the Rugby club and the council step in to secure the Stadium Stadium is the only thing worth salvaging Accounts for the stadium which is in a separate company shows it is 15% owned by the Council already and has no charges against it https://beta.companieshouse.gov.uk/company/03477413/more Does it being a seperate company mean it can't be sold by the administrators to clear the debts?
August 7, 20206 yr 1 minute ago, tkonion said: Does it being a seperate company mean it can't be sold by the administrators to clear the debts? Administrator can dispose of it as it has no charges registered against it such as a mortgage Its losing money when its hosting football and rugby , and will be costing money to maintain Being in a separate company is of little consequence at this point in time - its in administration with the other group companies
August 8, 20206 yr 13 hours ago, Whitestar said: ::lol::, my mother used to call a mouse a moggy. She was fro Leyth though I feel sure that learned gentlemen on here have established that Leyth is a suburb of Wigan? Did I imagine this?
August 8, 20206 yr 19 hours ago, Benny The Ball said: Administrator can dispose of it as it has no charges registered against it such as a mortgage Its losing money when its hosting football and rugby , and will be costing money to maintain Being in a separate company is of little consequence at this point in time - its in administration with the other group companies Who would buy the stadium Rugby cant afford it
August 8, 20206 yr 34 minutes ago, Casino said: Who would buy the stadium Rugby cant afford it Council can and will.
August 8, 20206 yr 4 minutes ago, Leyther_Matt said: Council can and will. It’s losing money with 2 pro clubs, wouldn’t think they’d be willing to subsidise loss year in year out, can see Wigan non league playing at Leigh sports village.
August 8, 20206 yr 23 minutes ago, Mounts Kipper said: It’s losing money with 2 pro clubs, wouldn’t think they’d be willing to subsidise loss year in year out, can see Wigan non league playing at Leigh sports village. The council will ensure the stadium remains at all costs. I’d also be very sceptical about the losses posted given the intertwining nature of the stadium company and the football club. Run properly - and getting the rugby back onside for the offices and bar revenue - and it won’t be an issue. If nothing else, I really don’t see it being an attractive side for any other potential buyer. Would be a massive gambler for a housing developer given the size of the site, a significant proportion of the site being a flood plain for the river and whatever chemicals are lurking underneath from when it was a tip.
August 8, 20206 yr Wigan I gather haven't paid July's salaries yet. If they don't pay their players then as we know they can clear off for nothing after 2 weeks. But they need to sell players to pay salaries and outstanding creditors. They owe £6 million to football creditors and £1.5 million to non football creditors currently. If they don't pay 25p in the pound to the non football creditors they get hit with a further 15 point deduction. In the meantime no buyer is stumping up £100k to look at the books unless there is something happening and the administrators aren't saying. Is it possible that their situation looks worse than ours did? who has the bragging rights that what I want to know.
August 8, 20206 yr 1 hour ago, Casino said: Who would buy the stadium Rugby cant afford it Rugby cant afford it when its valued at £25 million or whatever it's on the books at Don't know the exact figures but lets suppose they ( Wigan Warriors ) pay £600k per annum as rent to the football club Put in a silly offer of say £3 million ( 5 years rent ) to the administrator and they have potentially got a rent free home for life - just got to repay the borrowings to purchase it Wigan council own the freehold and have covenants in place saying site cannot be used for retail / residential development - am sure no wigan council would politically ever want to overturn that There's not many people in the market for a Sports stadium in Wigan so its very much buyers market Am sure between Rugby club and Council they'll cobble a deal together - assuming no one comes in shortly to save the football club
August 8, 20206 yr Whats that i can hear? The sound of inevitatability. Just like the Bury situation Tick Tock
August 8, 20206 yr Nobody will pay the £100k until there’s at least that amount per week off the current wage bill with close on £10m in in transfer fees to cover immediate debts. That means around 6 first team players gone and quickly Tick tock indeed
August 8, 20206 yr 23 minutes ago, Biggish Dave said: Nobody will pay the £100k until there’s at least that amount per week off the current wage bill with close on £10m in in transfer fees to cover immediate debts. That means around 6 first team players gone and quickly Tick tock indeed FV were confirmed as preferred bidders 1st July and deal was done last week of August. https://www.bbc.co.uk/sport/football/48906359 Wigan have about a month to get people interested in buying the club, pay the fee to see the books , analyse the books, make a bid , become preferred bidders and then do what we did in 2 months. We also had people in the bid already involved in the club and prepared to put money in the club. The EFL got battered for allowing us to start the season so likely to be less flexible. I have no idea how they can possibly be ready for the season. Edited August 8, 20206 yr by Ani
August 8, 20206 yr I dont think they're in as much peril as Wigan are but it sounds like Charlton are in turmoil again too. This game is shagged.
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