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Wigan in Administration

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631Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sun Jan 10 2021, 15:09

luckyPeterpiper

luckyPeterpiper
Ivan Campo
Ivan Campo
I'm not sure the EFL would allow any deal to go ahead in which Loggenberg is a player even if his only role is to 'facilitate' matters. Frankly I think Wigan, like so many other clubs in the North West including ourselves are living on borrowed time even if a deal is done. There are just too many clubs here and not enough supporters available to make them all financially viable in the long term. I've said and continue to believe that eventually some of us are going to have no choice but to merge with local 'rivals' if we are to survive. That's nothing to do with the pandemic, it's been blatantly obvious for decades that most fans are not interested in turning out and watching a league one or two team if they can watch the likes of Man Utd and Liverpool from their own home. Add in the massive gaps in revenue from all sources and it becomes even more starkly clear that the days of local teams being able to compete are long gone and they're not coming back. Sad but true imo.

632Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sun Jan 17 2021, 09:32

Ten Bobsworth


Andy Walker
Andy Walker
Can't say I've been following the Wiggin saga a lot but I see I that I posted this in November 2018.

Can't blame him (Ken Anderson) for what happened this morning either. Hope the negotiations for a sale of his shares are progressing a bit better and that there's a positive result before Christmas.

Looks btw that Wiggin are now run by Joe Royle, his son and a Hong Kong solicitor. Be interesting to see how that works out

633Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 20 2021, 12:38

Sluffy

Sluffy
Admin
It's all happening at Wigan...

...and it all seems to be bad!

Let me set the scene, the Admin had seen to go all in on an offer from a Spanish consortium that clearly right from the start had at least one questionable person associated with it who seemed unlikely to pass the EFL Fit and Proper Person test and so it proved. What was worse though was that it clearly seemed this bloke was the lead player in the bid and if he dropped out the consortium would too - guess what they did - so that was the end of that.

Another rival group led by an ex pat Wiganer called Frampton claimed he had got in first for the club before the Spanish but the Admin had frozen him out!

He claimed some utterly bizarre scheme whereby he would build hospitals and schools in Wigan and whatever else the community needed and the revenue surplus from running these would finance the football club.

Amazingly when the Spanish walked away this bid appeared to be the next best runner with almost all of the Wigan fans believing it would succeed - they must be the most deluded fans in the world I guess because clearly why would anyone want to spent absolute millions to build hospitals and schools to prop up a football club??? Doesn't make any rational sense does it?

Anyway, reports last night are that Frampton has now walked away.

Wigan's Marc Iles equivalent confirming it here -



If things aren't bad enough for the Wigan fans the Administrators have issued a Creditors Report.

It's being processed at Companies House - check the link because it might have been done by the time others read this -

https://find-and-update.company-information.service.gov.uk/company/00270043/filing-history

...but this person 'claims' this is what it contains including a 30% 'uplift' in Administrators fees - which if true has really incensed the Wigan fans!



...and this man -



...and this one too!





Hard to see where this will end as Admin and Nixon claim there are plenty others interested in buying the club but what exactly is there left to buy and why would anyone want to spend millions to do so?

As I understand it the only assets the club has is a stadium they can't fill and runs at a loss and a bunch of talented kids - but have they got enough of them to cover the £3m sale price and estimated £5m running costs for the next two years?

It is claimed by the Admin that 'add ons' from players they have already sold to keep Wigan going will bring in several millions but can the club survive until then AND will those players ever actually 'trigger' these add on deals?

All looks like a massive car crash is about to happen to me.

Things need to be sorted soon otherwise there's not going to be any money left for the club to keep trading.

I'll stick with my original thinking that the Supporters Group will with help from the Council and the rugby club come together to strike some deal to keep the club alive but that may have to be as a non league club.

Grim times for them.

634Wigan in Administration - Page 22 Empty money out the door Wed Jan 20 2021, 12:55

RangersDave

RangersDave
Mario Jardel
Mario Jardel
Great report Sluffy,

However, the fire sale now has to ramp up at Wigan because no one is going to pay for a club and ground that is lost so much money, needs £xxx to just take over the club, plus its losing £10k per week just in running costs (i think this is way too low anyway, and more like £250k per week for staff, players, ground and maintenance etc).

Add that to the 1/3'd you reported, and 2 failed bids. It will have peeps running in the other direction, not investing, unless they can get the 'package' for around £1.5m or less, plus still show the have nearly £10m in the bank to satisfy the powers that be.

For any club looking on, now is the time to feast on the carcass of whats left i'm afraid.

Oh, and i forgot the loan from the Football League of around £300k too.

635Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 20 2021, 14:59

Ten Bobsworth


Andy Walker
Andy Walker
I strongly suspect that Maguire is not comparing like with like on administrators fees. But didn't Eddie Davies avoid administration, with all its attendant risks, problems and costs, by choosing to give Ken Anderson the chance to see if he could pull off what Eddie had been unable to do over the previous five years or so?

And didn't Anderson make a charge of £525K for halting the slide on an exceedingly slippery slope and helping get the club back into the Championship? And didn't that £525K prove beyond all reasonable doubt how big a rogue Anderson was, even though £60K was never paid out and the rest of the money went to Holdsworth and the liquidators of Holdsworth's Sports Shield BWFC?

Do you think, Sluffy, that Maguire (or anyone else for that matter) has ever grasped any of this?

636Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 20 2021, 15:51

Sluffy

Sluffy
Admin
@Ten Bobsworth wrote:I strongly suspect that Maguire is not comparing like with like on administrators fees. But didn't Eddie Davies avoid administration, with all its attendant risks, problems and costs, by choosing to give Ken Anderson the chance to see if he could pull off what Eddie had been unable to do over the previous five years or so?

And didn't Anderson make a charge of £525K for halting the slide on an exceedingly slippery slope and helping get the club back into the Championship? And didn't that £525K prove beyond all reasonable doubt how big a rogue Anderson was, even though £60K was never paid out and the rest of the money went to Holdsworth and the liquidators of Holdsworth's Sports Shield BWFC?

Do you think, Sluffy, that Maguire (or anyone else for that matter) has ever grasped any of this?

I suspect very few people not in the know about what was going on had much interest and if I recall correctly wasn't Maguire one of the loudest voices and biggest influencers, as to the hatred of Anderson when the accounts showed the payment to him and strongly implied that he had pocketed the money to enrich himself!

Fair play to your knowledge and professionalism to be able to see deeper into it than anyone else (certainly anyone I've seen on social media) and explain things to anyone who would listen, of which there was very few indeed.

I've no experience with insolvency practitioners charges but I would assume they are like everyone else offering a service in a competitive market, that you pays your money and takes your choice of which one you want and at what charges you agree with them.  People don't always buy the cheapest cornflakes or bog roll on offer so why does Maguire think everyone should pick the cheapest insolvency company?

Also I've quoted potential clients high for my services for jobs I don't particularly want to take on, so maybe Begbies knowing they had to do a great deal of work in an extremely short timeframe when the plug was pulled by Wigan's owners, did something similar and if so who could blame them for that?

The fact they seemed to have made a bit of a pigs ear about it since is somewhat incidental to the initial agreed price between the two sides.

As for Wigan apart from the supporters group I find it hard to believe they will find any potential new owners now who would have any long term plans for the club and are firmly in Bassini type territory.

Thank goodness we have FV although even they must now be feeling the financial chill and still have the outstanding creditors from the sale to settle.

637Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 20 2021, 21:38

Ten Bobsworth


Andy Walker
Andy Walker
@Sluffy wrote:

I suspect very few people not in the know about what was going on had much interest and if I recall correctly wasn't Maguire one of the loudest voices and biggest influencers, as to the hatred of Anderson when the accounts showed the payment to him and strongly implied that he had pocketed the money to enrich himself!

Fair play to your knowledge and professionalism to be able to see deeper into it than anyone else (certainly anyone I've seen on social media) and explain things to anyone who would listen, of which there was very few indeed.

I've no experience with insolvency practitioners charges but I would assume they are like everyone else offering a service in a competitive market, that you pays your money and takes your choice of which one you want and at what charges you agree with them.  People don't always buy the cheapest cornflakes or bog roll on offer so why does Maguire think everyone should pick the cheapest insolvency company?

Also I've quoted potential clients high for my services for jobs I don't particularly want to take on, so maybe Begbies knowing they had to do a great deal of work in an extremely short timeframe when the plug was pulled by Wigan's owners, did something similar and if so who could blame them for that?

The fact they seemed to have made a bit of a pigs ear about it since is somewhat incidental to the initial agreed price between the two sides.

As for Wigan apart from the supporters group I find it hard to believe they will find any potential new owners now who would have any long term plans for the club and are firmly in Bassini type territory.

Thank goodness we have FV although even they must now be feeling the financial chill and still have the outstanding creditors from the sale to settle.
Maguire was just one of many, Sluffy, but the misinformation started long before him, before Anderson and before the lynch mob mentality took over completely. And I'm afraid it hasn't gone away at all but is presently lying dormant awaiting the next eruption. 

How did it come to that? I think that's interesting but the Nutters prefer to talk about mind numbing trivialities. I have noticed that there is a common thread but each to their own, I suppose.

638Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 00:45

Sluffy

Sluffy
Admin
For anyone interested the Administrators report is now available at Companies House -

https://find-and-update.company-information.service.gov.uk/company/00270043/filing-history

I've skimmed through it but haven't bothered looking into it in any detail as such, although one thing did stick out to me as being odd (or maybe I've not gone into it deeply enough?) and that was the statement that the Administrators had still NOT verified all the unsecured creditors claims???

See Section 9, Assets that remain to be realised and work that remains to be done. (Page 24 of 39).

The Administrators seem to have be suggesting away from this report that any purchaser pays £3m for the club and remaining assets to cover the unsecured creditors at 25p in the £, OR just £1.5m for the club and remaining assets and NOT cover the unsecured creditors and thus incur a further 15 points penalty.

So on one hand they are saying unsecured creditors total £1.5m at 25p in the £ and in the report say the haven't actually verified any unsecured creditors claims yet?

I guess they probably have a fair idea of the amount but on the face of it they are quoting a sale price that may be well above or well below the actual amount required to settle all the verified unsecured creditors claims.

They have had over six months to do so and it is a job that will need to be done, so why hasn't it been done and why are they quoting a sale amount that includes the settlement of all unsecured creditors when they don't seem to actually know the precise amount themselves?

Anyway, the Administrators are giving a weekly update tomorrow (Friday) so let's wait to see what they say.

639Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 08:48

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse


How did it come to that? I think that's interesting but the Nutters prefer to talk about mind numbing trivialities. I have noticed that there is a common thread but each to their own, I suppose.
Well you can always post elsewhere if you find us so boring. Your Vince thread is possibly the most pointless and boring thread i've ever had the misfortune to read though.

640Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 08:53

Ten Bobsworth


Andy Walker
Andy Walker
@Norpig wrote:
Well you can always post elsewhere if you find us so boring. Your Vince thread is possibly the most pointless and boring thread i've ever had the misfortune to read though.
Half-witted pea-brains whose bell seldom rings


These are a few of my favourite things

641Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 08:54

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
Calm down Dave.

642Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 09:01

Sluffy

Sluffy
Admin
Oi, you lot!

Any bickering then stick to your own threads!

Bob you've got the Vince one, Norpig you've got the New Year, new you, Bonce you have your own long standing one and leave my poor 'Wigan' thread alone!

Go on, back to your own threads, the lot of you!

Very Happy

643Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 09:06

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
@Sluffy wrote:Oi, you lot!

Any bickering then stick to your own threads!

Bob you've got the Vince one, Norpig you've got the New Year, new you, Bonce you have your own long standing one and leave my poor 'Wigan' thread alone!

Go on, back to your own threads, the lot of you!

Very Happy
Aw gee whizz Pa. Very Happy



Wigan in Administration - Page 22 Tenor

644Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 17:09

Sluffy

Sluffy
Admin
Very Happy


Anyway the Admin has published their update and although it says a lot, it doesn't actually say much at all!

Bottom line is that the 'favourite' Frampton has fallen at the proof of funds and is added to the growing list of those now out of the race and that yet another week has gone by without anybody being serious enough to put their money down and buy the club.

Full report here -

https://wiganathletic.com/news/2021/january/Statement-from-the-Joint-Administrators-22-01-21-/

645Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 18:50

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
Sluffy, not being up on these matters, how long can this reasonably go on?

646Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 22:29

Sluffy

Sluffy
Admin
@boltonbonce wrote:Sluffy, not being up on these matters, how long can this reasonably go on?

The quick answer is to say 'when the money runs out' but the more difficult understanding is when that will be, let me try and explain if I can.

Although Wigan are having to play the kids, apparently some of them are quite good and the Administrator in his update today states that they already have bids for three players but they have so far rejected them.

Even if the bids were accepted, the power still lies with the player whether he wants to move club or not, or even if he did, the personal terms are good enough to go.

Another issue I don't know about is what if anything the EFL are loaning clubs who are finding it hard with Covid and no crowds. Maybe the EFL are helping Wigan by those means, although I didn't notice anything in the scan of the accounts I did the other day?

Another rabbit that could be pulled out the hat perhaps is the Supporters Clubs £850k crowdfunding they have, which is pledged to 'save' the club. Maybe they might feel they should use some or all of it to ensure the club finishes the season, or indeed use it to 'buy' the club itself (which don't forget is on sale for just £1). There is of course the little matter of the stadium but maybe the council or the rugby will buy that and allow the club to play there as a tenant?

So as you can see things are not as clear cut as you first might think.

I tend to believe they will survive to see out the season by some means or other but if they end up in the hands of the Supporters Club then they could only be allowed to stay in the league if they can show proof of funding which is being stated as £4m being required to keep it going until June 2022. Maybe the future for them is they survive this season but end up in non league (rather than Division 4 like we are) next season.

Nothing really is clear cut at all. The Administrators have already set numerous deadlines where by if a deal isn't struck by a certain date then the club will have to fold - yet months later the circus of Administration still goes on unabated.

I really can't believe decent owners have waited all these months to suddenly step in now to save them, I reckon we are now down to the mentalists or vultures and the EFL have ensured by how the dealt with the dodgy Spanish that they aren't going to allow that to happen this time - so the only good guys I can see is the Supporters Club but they don't have the required £4m to fund the club in the EFL but would if they played at a lower level (like Bury's Phoenix club has had to do).

That's the best guess I have but don't bet your mortgage on it as normal companies practices and rules seem to go completely out the window when applied to how and why people buy clubs and run them how they do!

647Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 22 2021, 22:41

boltonbonce

boltonbonce
Nat Lofthouse
Nat Lofthouse
Thanks. A sad state of affairs.

648Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 23 2021, 12:36

Sluffy

Sluffy
Admin
If Nixon is to be believed, the new favourites to buy the club are those headed up by the banned company director (who is just the 'fixer' rather than the buyer though).

Does make you wonder though who you might be possibly be getting in bed with if they choose a disbarred person to head up their bid though!

Should be fun to watch the next stage of this saga I would think!



649Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 23 2021, 13:41

Sluffy

Sluffy
Admin
Might as well put this here -

Breaking: Forgotten Nottingham Forest attacker joins Wigan Athletic in January move.

It has been three years since Zach Clough last played for the Reds having signed from Bolton Wanderers in 2017

Attacker Zach Clough has left Nottingham Forest and joined Wigan Athletic on a short-term deal until the end of the season.

It is three years since the 25-year-old last played for the Reds, when he came off the bench in an FA Cup defeat at Hull City back in January 2018.

He has not been part of the first-team set-up at the City Ground for some time, and, with his contract coming to an end in the summer, now leaves to link up with the Latics.

He has had loan spells with the Trotters and at Rochdale in the last few years, with his last competitive game coming for the latter, in April 2019.

https://www.nottinghampost.com/sport/football/transfer-news/nottingham-forest-breaking-wigan-athletic-4915517

650Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 23 2021, 13:44

Norpig

Norpig
Nat Lofthouse
Nat Lofthouse
I hope he gets his career back on track, not sure he ever wanted to leave us for Forest but i heard he was on 20K a week there so can't blame him really.

651Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 27 2021, 11:23

Sluffy

Sluffy
Admin
Apparently the new front runners to buy the club are from Bahrain?



I think like me Nixon is a bit sceptical about where this is heading to!



(Christopher Park is Wigan's training ground)

652Wigan in Administration - Page 22 Empty Re: Wigan in Administration Wed Jan 27 2021, 21:03

Sluffy

Sluffy
Admin
A bit more from Nixon, then the Manchester Evening News adds a name to the story!

Wigan are takeover target for mystery Bahrain group who want to save them with £3m cash injection

WIGAN are a takeover target for a mystery Bahrain group who want to save them from their current crisis.
The Latics could be bought out by the Middle Eastern investors who are willing to pay £3million to take them out of administration after SEVEN months of torture.
The Bahraini group are due to speak to the EFL before the weekend and their British representatives have already met with the local council.
Their identities are to remain secret until they gain full approval but the parties involved claim they are legitimate and have funds.
The cash has been shown to the administrators and the EFL who are in the process of their financial checks.
It would be a major boost for Wigan to find a wealthy owner.
They have been torn apart since their Hong Kong owners dumped them while safely in the Championship.
The Latics are now facing relegation to League Two but the Bahrainis hope to steady the ship and start to rebuild again.
A demoralising 5-0 home defeat to Blackpool on Tuesday night left the club 23rd but only two points from safety.

https://www.thesun.co.uk/sport/football/13864766/wigan-athletic-takeover-bahrain-administration/?utm_medium=Social&utm_campaign=sunfootballtwitter&utm_source=Twitter#Echobox=1611753036

Ex-Manchester United midfielder fronting group as fresh favourites emerge to buy Wigan Athletic

Former Manchester United midfielder Darron Gibson is fronting a group that is seeking to buy administration-hit club Wigan Athletic.
Now, according to The Athletic, former United and Everton midfielder Gibson is fronting a group that has emerged as the fresh favourites to buy the DW Stadium club.
The 33-year-old is currently on the books of League Two outfit Salford City.
The report claims that the group is understood to have shown it has the required funding to buy the club and is due to meet the EFL this week.
The group in question is reported to include a management team with a 'strong track record' in British football and a foreign investor is backing them.
The report said: "Gibson’s group, which might be joined by two other footballers, is understood to have the funds to purchase the club in a bank account and a loan lined to fund the club going forward."
Gibson played for the Latics 18 times during the 2018/19 campaign and has been with the Ammies since February 2020.
He scored 10 goals in 60 games for United after coming through the youth ranks at Old Trafford, before moving to Everton in 2012.
He scored twice in 62 games for the Toffees, before moving to Sunderland for whom he racked up 30 appearances.

https://www.manchestereveningnews.co.uk/sport/football/football-news/wigan-athletic-takeover-darron-gibson-19714555

653Wigan in Administration - Page 22 Empty Re: Wigan in Administration Fri Jan 29 2021, 22:02

Sluffy

Sluffy
Admin
Further weekly update from the Administrators today, link below.

The only thing of interest is this line -

"So far, all requests from the manager have been met by the administrators and we are all sensibly working within a budget which will see the club survive until the end of the season, whatever the outcome of the sale of the club".

I've no idea where this money as come from (EFL season payment or loan perhaps???) but the bottom line is that their season is secured come what may.

No doubt the EFL will be delighted with this (and why I'm guessing they have possibly/probably had some input into it???).

https://wiganathletic.com/news/2021/january/Statement-From-The-Joint-Administrators-29-01-21-/



654Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 30 2021, 10:28

Ten Bobsworth


Andy Walker
Andy Walker
@Sluffy wrote:Further weekly update from the Administrators today, link below.

The only thing of interest is this line -

"So far, all requests from the manager have been met by the administrators and we are all sensibly working within a budget which will see the club survive until the end of the season, whatever the outcome of the sale of the club".

I've no idea where this money as come from (EFL season payment or loan perhaps???) but the bottom line is that their season is secured come what may.

No doubt the EFL will be delighted with this (and why I'm guessing they have possibly/probably had some input into it???).

https://wiganathletic.com/news/2021/january/Statement-From-The-Joint-Administrators-29-01-21-/



The mysteries of football finance, Sluffy. All we need are experts like Conn, Maguire, Iles, SKY, Talkshite, Auntie Beeb and Lusty to de-mystify it all for us.

Did you btw know that Debbie Jevans won Junior Wimbledon as a youngster and that the EFL now has no less than FOUR qualified chartered accountants on its Board and a more than healthy annual income?

655Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 30 2021, 11:12

Sluffy

Sluffy
Admin
I've got a great deal of sympathy for the EFL myself.

Their job really is just to regulate and administer a 'game' in which all the clubs in their leagues have a say/vote in how things are run. Not only that but their head was cut off in a manner of speaking when all their top clubs broke away to form the Premier League and all the big money followed it and left them behind.

Then EFL clubs strived to get promoted out of the EFL and financially crippled clubs fell back into it from the PL above and very, very big money and associated dodgy characters got involved because of this money and the EFL simply don't have the tools to make sure everybody who gets into owning clubs are whiter than white or even that they will spend the money running their clubs even when they have shown they have/(had?) the money to do so.

They are on something of a hiding to nothing really, from all sides particularly fans who haven't the foggiest about what the EFL attempts to do but hurl abuse at them non the less.

As for Wanderlust I best be careful about joining in with your lampooning of him as I clearly got a mild public rebuke from one of my colleagues behind the scenes yesterday for doing so.

Ah well, anything to keep the peace.

And no I didn't know about Ms Jevans tennis achievement, well done her.

656Wigan in Administration - Page 22 Empty Re: Wigan in Administration Sat Jan 30 2021, 11:19

wanderlust

wanderlust
Nat Lofthouse
Nat Lofthouse
@Ten Bobsworth wrote:
The mysteries of football finance, Sluffy. All we need are experts like Conn, Maguire, Iles, SKY, Talkshite, Auntie Beeb and Lusty to de-mystify it all for us.

Did you btw know that Debbie Jevans won Junior Wimbledon as a youngster and that the EFL now has no less than FOUR qualified chartered accountants on its Board and a more than healthy annual income?
I really haven’t got the time to explain acquisitions and investments to you Bob as I reckon I only have 20 years to live at best.
My time would be more productive teaching the cat Mandarin.

657Wigan in Administration - Page 22 Empty Re: Wigan in Administration Mon Feb 01 2021, 10:11

wanderlust

wanderlust
Nat Lofthouse
Nat Lofthouse
Breaking news:
The cat has mastered her first Mandarin phrase. We’ve always got on well and this morning she said I was her “close friend” when I fed her.

658Wigan in Administration - Page 22 Empty Re: Wigan in Administration Mon Feb 01 2021, 10:31

Ten Bobsworth


Andy Walker
Andy Walker
@wanderlust wrote:Breaking news:
The cat has mastered her first Mandarin phrase. We’ve always got on well and this morning she said I was her “close friend” when I fed her.
My cat doesn't understand business finance but there are some things she understands very well. Are there some things you understand very well, Lusty?

659Wigan in Administration - Page 22 Empty Re: Wigan in Administration Mon Feb 01 2021, 10:39

Ten Bobsworth


Andy Walker
Andy Walker
@Sluffy wrote:I've got a great deal of sympathy for the EFL myself.  

Their job really is just to regulate and administer a 'game' in which all the clubs in their leagues have a say/vote in how things are run.  Not only that but their head was cut off in a manner of speaking when all their top clubs broke away to form the Premier League and all the big money followed it and left them behind.

Then EFL clubs strived to get promoted out of the EFL and financially crippled clubs fell back into it from the PL above and very, very big money and associated dodgy characters got involved because of  this money and the EFL simply don't have the tools to make sure everybody who gets into owning clubs are whiter than white or even that they will spend the money running their clubs even when they have shown they have/(had?) the money to do so.

They are on something of a hiding to nothing really, from all sides particularly fans who haven't the foggiest about what the EFL attempts to do but hurl abuse at them non the less.

As for Wanderlust I best be careful about joining in with your lampooning of him as I clearly got a mild public rebuke from one of my colleagues behind the scenes yesterday for doing so.

Ah well, anything to keep the peace.

And no I didn't know about Ms Jevans tennis achievement, well done her.

Debbie Jevans also played a big part in planning the London Olympics, as did one of my close neighbours. I'll mention it next time I see him.

660Wigan in Administration - Page 22 Empty Re: Wigan in Administration Mon Feb 08 2021, 23:33

Sluffy

Sluffy
Admin
Another former Wanderers has joined Wigan (he scored for them at the weekend too (still lost though!).



They already had this exwanderer too!



As we know Clough is now with them and the gossip today is that yet another ex-Wanderer is inbound for them too!

I won't spoil the surprise just in case it does actually happen!



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