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

Edited February 17, 20215 yr by Casino

Surprised no other club has thought of this.

 

That’s the best solution get liquidated pay nobody that’s owed any money then come back as The Wigan Start at league 2 easy peasy been done before and it works .

17 minutes ago, DomRepWanderer said:

Surprised no other club has thought of this.

 

That’s the best solution get liquidated pay nobody that’s owed any money then come back as The Wigan Start at league 2 easy peasy been done before and it works .

League 10 with AFC Bury 

I wonder if the £2 million from Cardiff is paid up front?  It seems normal to stagger the payments, as Wigan have done with Barnsley, there's no incentive for Cardiff to pay more than a "deposit" initially.  That's not going to help pay wages for long.

I might just go & kick a few tyres for luck 😉

They've sold Chey Dunkley to Sheff Wed, "undisclosed".  From one points deduction to another...

20 minutes ago, Johnnyrotten said:

I wonder if the £2 million from Cardiff is paid up front?  It seems normal to stagger the payments, as Wigan have done with Barnsley, there's no incentive for Cardiff to pay more than a "deposit" initially.  That's not going to help pay wages for long.

Administrators won’t be selling anyone unless the full payment is made now. They’re only selling to get cash in their bank account straight away, so they won’t be interested in instalments. 

Just now, Jol_BWFC said:

Administrators won’t be selling anyone unless the full payment is made now. They’re only selling to get cash in their bank account straight away, so they won’t be interested in instalments. 

and this will be duly reflected in the price paid for the player which will be discounted. 

North West Tonight briefly touched upon the statement by the admins- the bit about not starting the season in admin- seems a clear warning.

Simply putting pressure on the ‘interested parties’ to move it along 

I remember ours coming out on a Sat to get things concluded by Monday otherwise they’d start winding up. Granted ours was some way down the road but the more the try and push these parties the more they’ll back away. 
 

no fucker is going to be rushed in to a deal in a fortnight hand over £100k exclusivity with no guarantees, still have to slash a massive wage bill and sell other assets, with no sign of when any income is coming in. No chance 

2 minutes ago, barrycowdrill said:

Simply putting pressure on the ‘interested parties’ to move it along 

I remember ours coming out on a Sat to get things concluded by Monday otherwise they’d start winding up. Granted ours was some way down the road but the more the try and push these parties the more they’ll back away. 
 

no fucker is going to be rushed in to a deal in a fortnight hand over £100k exclusivity with no guarantees, still have to slash a massive wage bill and sell other assets, with no sign of when any income is coming in. No chance 

Aye, makes sense.

This 100k deposit business does seem high.

3 minutes ago, barrycowdrill said:

Simply putting pressure on the ‘interested parties’ to move it along 

I remember ours coming out on a Sat to get things concluded by Monday otherwise they’d start winding up. Granted ours was some way down the road but the more the try and push these parties the more they’ll back away. 
 

no fucker is going to be rushed in to a deal in a fortnight hand over £100k exclusivity with no guarantees, still have to slash a massive wage bill and sell other assets, with no sign of when any income is coming in. No chance 

Yep, they won’t start the season.

16 minutes ago, Tonge moor green jacket said:

Aye, makes sense.

This 100k deposit business does seem high.

Wasn't ours a similar figure?

6 minutes ago, Burndens Bogs said:

Wasn't ours a similar figure?

Was it 20k?

Just now, Tonge moor green jacket said:

Was it 20k?

£70k rings a bell

Ours was 25k non refundable for access to the data room which if they went forward would be offset against purchase price. 
 

this is 100k to sign the contract and if during the diligence/completion process they find something that makes them walk away the 100k is lost. Thanks but no thanks. 

And that 100k pays 20% of their failed appeal. Only £400k outstanding 🤣

1 hour ago, Escobarp said:

and this will be duly reflected in the price paid for the player which will be discounted. 

Correct, which is the “incentive” for Cardiff.

https://www.wigantoday.net/sport/football/how-transfer-fees-are-helping-wigan-athletic-survive-2940821

The cistern is filling nicely, nearly time to flush the turd

5 minutes ago, Jol_BWFC said:

Correct, which is the “incentive” for Cardiff.

Yep they will feel they’ve got him cheap. Same will go for every player they are selling. It’s a car boot sale effectively. 

4 interested parties, aye alright. 🤣😂🤣

2 hours ago, DomRepWanderer said:

Surprised no other club has thought of this.

 

That’s the best solution get liquidated pay nobody that’s owed any money then come back as The Wigan Start at league 2 easy peasy been done before and it works .

i do not get this , wouldnt the new club not have the league ticket that the other 90-odd clubs have ?

theyd have to go begging to the NWCL or whatever like the poster further back sez. 

think chester got away with a few divisions further up , and they ended up begging for money after a few years after not getting promoted , so reality might get in the way of the expected promotion bulldozer. 

think hereford went bump after starting up again. 

it might not be easy

They must pay all football creditors in full. And a minimum % to all other creditors I believe or the golden share gets withheld and therefore they’re fucked. 
 

but in reality they are looking fucked 

1 hour ago, BOWTUN BAKED said:

https://www.wigantoday.net/sport/football/how-transfer-fees-are-helping-wigan-athletic-survive-2940821

The cistern is filling nicely, nearly time to flush the turd

If  had £100k to spare, I'd sign the exclusivity clause and drag the fucker out until withdrawing at the last minute.

Justgiving page, anyone?

7 hours ago, Johnnyrotten said:

They've sold Chey Dunkley to Sheff Wed, "undisclosed".  From one points deduction to another...

Think he was a free agent so unfortunately they didn't get any money for him.