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Wigan financial woes - up for sale again? p40
Comments
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MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.
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We have 46 points and are therefore far from safe.
I feel sorry for Wigan but our sole focus should be about winning points.
That is the be all and end all.8 -
As others have said 2 wins from 6 now and that should be enough with so many 6 pointers between so many sides below us. I cannot see 3 of them winning 4 from 6, while poor Wigan would have to get 5 from 6 in that scenario, if a 12 PT deduction follows. What a crazy division and season.0
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This points thing is being done to death. Every year the number required gets hiked up. It will probably be lower, but I cannot see a team being relegated with 52 points.1
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Covered End said:shine166 said:MuttleyCAFC said:The problem for Wigan if I understand how it works is not only are they now adrift at the bottom, but if they save themselves, which they are capable of doing, they get deducted the points next season. Is that correct?
If Wigan are not relegated, they will be deducted 12 points at the end of the season, which may or may not result in relegation.
I think Wigan could appeal under force majeure.1 -
Absolute shit show, the whole thing
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MrLargo said:Cafc43v3r said:MrLargo said:Sky Sports News speaking to one of the administrators. He said it's a well run club, on the pitch and off. They were taken over 4 weeks ago and are now in administration because "the new owner has decided he doesn't want to continue funding the business".
WTF. How the f*ck?! So EFL approves the deal, new owner loses interest/has a change of heart - 88 year old club's future in jeopardy, jobs in jeopardy, probably going to be relegated. Unbelievable.
Why are we even going through the charade of this Fit and proper Persons Test? So angry hearing this. And we all know this could so easily be our club next. Absolutely farcical.MrLargo said:Sky Sports News speaking to one of the administrators. He said it's a well run club, on the pitch and off. They were taken over 4 weeks ago and are now in administration because "the new owner has decided he doesn't want to continue funding the business".
WTF. How the f*ck?! So EFL approves the deal, new owner loses interest/has a change of heart - 88 year old club's future in jeopardy, jobs in jeopardy, probably going to be relegated. Unbelievable.
Why are we even going through the charade of this Fit and proper Persons Test? So angry hearing this. And we all know this could so easily be our club next. Absolutely farcical.
The biggest problem is the clubs ALL need owner funding to survive. Solve that and everything else either falls into place or becomes irrelevant.
Travel companies have to provide a bond in order to get an ATOL Licence, airlines have to demonstrate that they have sufficient funding to operate for three months without any income, and have to provide a detailed funding plan for the first two years of operation. All of this could be applied to football club owners.
The main problem, in my opinion, is that changes such as the above need to be voted on by members, and their are now so many cowboys involved that voting for proper regulation would be like turkeys voting for Christmas.
The government needs to get involved in this.
One thing I would point out is that no one expects a travel operator to subsidise the business through profits gained through another business, or acquired personal wealth.
Football club shouldn't loose vast sums of money, that's the real problem. What other business would trade for 115 years, be wound up, and make a lose almost every year and still be trading?
You never hear fans moaning that the owners are spending too much, might critic the way its spent, or that season tickets are too cheap etc etc.2 -
Cafc43v3r said:MrLargo said:Cafc43v3r said:MrLargo said:Sky Sports News speaking to one of the administrators. He said it's a well run club, on the pitch and off. They were taken over 4 weeks ago and are now in administration because "the new owner has decided he doesn't want to continue funding the business".
WTF. How the f*ck?! So EFL approves the deal, new owner loses interest/has a change of heart - 88 year old club's future in jeopardy, jobs in jeopardy, probably going to be relegated. Unbelievable.
Why are we even going through the charade of this Fit and proper Persons Test? So angry hearing this. And we all know this could so easily be our club next. Absolutely farcical.MrLargo said:Sky Sports News speaking to one of the administrators. He said it's a well run club, on the pitch and off. They were taken over 4 weeks ago and are now in administration because "the new owner has decided he doesn't want to continue funding the business".
WTF. How the f*ck?! So EFL approves the deal, new owner loses interest/has a change of heart - 88 year old club's future in jeopardy, jobs in jeopardy, probably going to be relegated. Unbelievable.
Why are we even going through the charade of this Fit and proper Persons Test? So angry hearing this. And we all know this could so easily be our club next. Absolutely farcical.
The biggest problem is the clubs ALL need owner funding to survive. Solve that and everything else either falls into place or becomes irrelevant.
Travel companies have to provide a bond in order to get an ATOL Licence, airlines have to demonstrate that they have sufficient funding to operate for three months without any income, and have to provide a detailed funding plan for the first two years of operation. All of this could be applied to football club owners.
The main problem, in my opinion, is that changes such as the above need to be voted on by members, and their are now so many cowboys involved that voting for proper regulation would be like turkeys voting for Christmas.
The government needs to get involved in this.
One thing I would point out is that no one expects a travel operator to subsidise the business through profits gained through another business, or acquired personal wealth.
Football club shouldn't loose vast sums of money, that's the real problem. What other business would trade for 115 years, be wound up, and make a lose almost every year and still be trading?
You never hear fans moaning that the owners are spending too much, might critic the way its spent, or that season tickets are too cheap etc etc.1 -
killerandflash said:Sage said:Cafc43v3r said:Sage said:Cafc43v3r said:Sage said:Horrible for any club and goes to show it can happen to any club below the Premier League completely out of the blue.
We have to be so careful that this doesn’t happen to us, as we all know it’s a very real possibility.
In terms of survival hopes, it does make it seem as though if we get to 52 points, that will surely be enough now.
Wigan’s form has been incredible, luckily for them it has, otherwise they’d be gone now. However, I don’t believe they’ll carry on this form as good as they have been. They may still do well, but they’ll drop points along the way, especially with the quick turnaround in games.That means if we get to 52, that should be enough. That’s a hell of an ask for teams below us to get more than that, and for Wigan to get more 64 or more points.
Bottom 6 is therefore:
Stoke 43
Hull 42
Huddersfield 42
Barnsley 41
Luton 40
Wigan 38
Therefore, you’re saying that 4 of them, plus Middlesbrough on 44 and us on 46, will get more than 52 points? That’s a hell of an ask.
That’s why I believe 52 now will be enough.
If Birmingham loose tonight but win at the weekend they won't be safe yet. Win tonight and loose at the weekend however they probably will be.
Do you think 2 wins will make us safe? I don't.
There will be points dropped along the way.
With a team finishing on 52 points and still going down, you’re asking everyone else at the bottom in this fight to go on promotion form for the rest of the season. That just won’t happen.
There will be twists and turns, teams will win games but relegation on 52 is now less of a probability.
In terms of teams playing each other at the bottom of the league:
Wigan have been on amazing form but effectively have 38 points now. They’ve got to play QPR, Barnsley, Hull, and us.
Luton have got to play Reading, Barnsley, Huddersfield, QPR, and Hull.
Barnsley have got to play Stoke, Luton, and Wigan.
Huddersfield have got to play Birmingham, Reading, and Luton.
Hull have got to play Middlesbrough, Wigan, and Luton.
Stoke have got to play Barnsley and Birmingham.
Middlesbrough have got to play Hull, QPR, and Reading, with Wednesday on the final game of the season.
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The point I am making is, there are around 16 fixtures of teams at the bottom playing each other which means there are going to be plenty of points dropped, making it extremely difficult for 6 of the bottom 8 teams to get 52 points or more.
Overall, yes, I believe if we win another 2 games we will stay up.
Unlikely, but possible. Say Luton win 4, draw 1 and lose to Barnsley, Barnsley win 4 and lose 2 to Wigan and Brentford. That would leave both on 53 points
Wigan win 5 matches, that would leave them on 65-12 = 53
Their administration will mean teams have their tails up against them.0 -
Oggy Red said:MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.1 - Sponsored links:
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Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points.1
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No wonder Wigan have been on fire.. They must have known this 12 point deduction was coming??? Now they have to keep winning to stay away from the drop.
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Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points.
and the scum finished 4th bottom on 44 pts0 -
Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points
13 Burnley 40 13 12 15 54 55 -1 51 14 Charlton Athletic 40 13 12 15 49 54 -5 51 15 Millwall 38 14 9 15 47 52 -5 51 16 Blackpool 40 12 14 14 55 53 2 50 17 Ipswich Town 40 13 11 16 39 55 -16 50 18 Wolverhampton Wanderers 40 13 9 18 51 58 -7 48 19 Blackburn Rovers 39 11 14 14 46 52 -6 47 20 Barnsley 39 13 8 18 50 60 -10 47 21 Sheffield Wednesday 39 13 8 18 44 54 -10 47 22 Huddersfield Town 40 12 11 17 40 66 -26 47 23 Peterborough United 40 13 7 20 57 65 -8 46 24 Bristol City 40 11 7 22 55 71 -16 40
As this table shows, the bottom seven had more points at this stage in 2013.6 -
Uboat said:Oggy Red said:MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.
"In 2004 Vivant entered a political alliance with the Flemish Liberals and Democrats (VLD) and Duchâtelet published his second book De weg naar meer netto binnenlands geluk (The road to more net domestic happiness)."
He founded Vivant on a manifesto that included green taxes and UBI.3 -
Uboat said:Oggy Red said:MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.1 -
bolloxbolder said:This points thing is being done to death. Every year the number required gets hiked up. It will probably be lower, but I cannot see a team being relegated with 52 points.
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Uboat said:Oggy Red said:MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.
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Airman Brown said:Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points
13 Burnley 40 13 12 15 54 55 -1 51 14 Charlton Athletic 40 13 12 15 49 54 -5 51 15 Millwall 38 14 9 15 47 52 -5 51 16 Blackpool 40 12 14 14 55 53 2 50 17 Ipswich Town 40 13 11 16 39 55 -16 50 18 Wolverhampton Wanderers 40 13 9 18 51 58 -7 48 19 Blackburn Rovers 39 11 14 14 46 52 -6 47 20 Barnsley 39 13 8 18 50 60 -10 47 21 Sheffield Wednesday 39 13 8 18 44 54 -10 47 22 Huddersfield Town 40 12 11 17 40 66 -26 47 23 Peterborough United 40 13 7 20 57 65 -8 46 24 Bristol City 40 11 7 22 55 71 -16 40
As this table shows, the bottom seven had more points at this stage in 2013.0 -
Airman Brown said:Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points
13 Burnley 40 13 12 15 54 55 -1 51 14 Charlton Athletic 40 13 12 15 49 54 -5 51 15 Millwall 38 14 9 15 47 52 -5 51 16 Blackpool 40 12 14 14 55 53 2 50 17 Ipswich Town 40 13 11 16 39 55 -16 50 18 Wolverhampton Wanderers 40 13 9 18 51 58 -7 48 19 Blackburn Rovers 39 11 14 14 46 52 -6 47 20 Barnsley 39 13 8 18 50 60 -10 47 21 Sheffield Wednesday 39 13 8 18 44 54 -10 47 22 Huddersfield Town 40 12 11 17 40 66 -26 47 23 Peterborough United 40 13 7 20 57 65 -8 46 24 Bristol City 40 11 7 22 55 71 -16 40
As this table shows, the bottom seven had more points at this stage in 2013.0 - Sponsored links:
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Airman Brown said:Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points
13 Burnley 40 13 12 15 54 55 -1 51 14 Charlton Athletic 40 13 12 15 49 54 -5 51 15 Millwall 38 14 9 15 47 52 -5 51 16 Blackpool 40 12 14 14 55 53 2 50 17 Ipswich Town 40 13 11 16 39 55 -16 50 18 Wolverhampton Wanderers 40 13 9 18 51 58 -7 48 19 Blackburn Rovers 39 11 14 14 46 52 -6 47 20 Barnsley 39 13 8 18 50 60 -10 47 21 Sheffield Wednesday 39 13 8 18 44 54 -10 47 22 Huddersfield Town 40 12 11 17 40 66 -26 47 23 Peterborough United 40 13 7 20 57 65 -8 46 24 Bristol City 40 11 7 22 55 71 -16 40
As this table shows, the bottom seven had more points at this stage in 2013.
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I wonder what would have happened had the Championship been ended early (like Leagues One and Two) with final positions decided by PPG. Presumably Wigan would still have had a 12 point reduction applied which (I presume, because I can't find the Championship table as it stood at lockdown) means that they would have gone down along with Luton and Barnsley instead of us. Or would the EFL have stuck with the PPG based final standing as they would have already been announced, relegating us and giving Wigan a 12 point deduction next season? All conjecture, but it goes to show yet again how screwed up the PPG outcomes would be.2
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Airman Brown said:Indianaaddick said:Let’s not forget that Peterborough were relegated 2012/2013 season with 54 points
13 Burnley 40 13 12 15 54 55 -1 51 14 Charlton Athletic 40 13 12 15 49 54 -5 51 15 Millwall 38 14 9 15 47 52 -5 51 16 Blackpool 40 12 14 14 55 53 2 50 17 Ipswich Town 40 13 11 16 39 55 -16 50 18 Wolverhampton Wanderers 40 13 9 18 51 58 -7 48 19 Blackburn Rovers 39 11 14 14 46 52 -6 47 20 Barnsley 39 13 8 18 50 60 -10 47 21 Sheffield Wednesday 39 13 8 18 44 54 -10 47 22 Huddersfield Town 40 12 11 17 40 66 -26 47 23 Peterborough United 40 13 7 20 57 65 -8 46 24 Bristol City 40 11 7 22 55 71 -16 40
As this table shows, the bottom seven had more points at this stage in 2013.0 -
CH4RLTON said:There is an argument to say this could go against us, even with a 12 point deduction they are not out of it and it means when they play us they will have it all to play for where as when they would have played they would have had nothing to play for.
It stinks of Charlton 0 0 Wigan
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Davo55 said:I wonder what would have happened had the Championship been ended early (like Leagues One and Two) with final positions decided by PPG. Presumably Wigan would still have had a 12 point reduction applied which (I presume, because I can't find the Championship table as it stood at lockdown) means that they would have gone down along with Luton and Barnsley instead of us. Or would the EFL have stuck with the PPG based final standing as they would have already been announced, relegating us and giving Wigan a 12 point deduction next season? All conjecture, but it goes to show yet again how screwed up the PPG outcomes would be.EFL must realise that new owners must be required to deposit some money before they can take over a club.0
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I've not seen anywhere a calculation as to how many points would be needed to avoid relegation, because that would be extremely difficult without some computer programme to assist.
But it could actually be the case that 49,50, or 51 could be guaranteed to be enough and we just don't know
(because of all the tens of possible permutations regarding bottom teams playing each other).0 -
Stu_of_Kunming said:Uboat said:Oggy Red said:MrLargo said:Garrymanilow said:It does make you appreciate a bit more what Chris Parkes used to say about how Roland always paid the bills. He absolutely hated us but even he didn't just decide he couldn't be arsed to keep people in jobs and pull all his cash out. Roland is in no way a good bloke, and he's still wanting repaying for all the money he ever put in, but just deciding you don't fancy paying for a club you agreed to take on and walking away is the lowest of the low.
But ..... let's not forget he's had history as a socialist politically, formed his own people's party or whatever it was called.
He likes to think of himself as some kind of reformer.
Also ...... he's been kind to injured players out of contract (Leon Best springs to mind), where he continued paying them for an extended period - where legally, he didn't have to.
Yeah, he's a profiteer, making money is his end game. And every asset has it's price.
But he doesn't seem to be especially ruthless with people.
Liberal is the most misused and misunderstood phrase in politics (even worse than communist or anarchist). To Americans it's somewhere near Lenin, to Trots it's somewhere approaching the Monday Club. Problems with binary approach: Duchatelet's party Vivant was an acronym in Flemish for Voor Individuele Vrijheid en Arbeid in een Nieuwe Toekomst, ("for individual freedom and labour in a new future") (from https://en.m.wikipedia.org/wiki/Vivant).
Such noted socialists as Margaret Thatcher, Ronald Reagan and Milton Friedman wouldn't disagree with that slogan but might disagree with the details behind Vivant's policies.
Looking at what he's getting at in that, it seems to me a mixture of liberal economics (which means less state control and regulation) and a welfare state to aid social cohesion. A bit like Dominic Cummings' pitch to the north at the last election. It isn't socialism. Vivant isn't a clue to Duchatelet being a socialist, and people on the political right are making the exact same mistake as the far left in collapsing all their political opponents into believing in the same things.3 -
Redrobo said:Davo55 said:I wonder what would have happened had the Championship been ended early (like Leagues One and Two) with final positions decided by PPG. Presumably Wigan would still have had a 12 point reduction applied which (I presume, because I can't find the Championship table as it stood at lockdown) means that they would have gone down along with Luton and Barnsley instead of us. Or would the EFL have stuck with the PPG based final standing as they would have already been announced, relegating us and giving Wigan a 12 point deduction next season? All conjecture, but it goes to show yet again how screwed up the PPG outcomes would be.EFL must realise that new owners must be required to deposit some money before they can take over a club.1
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After the next two games for everyone we may have a clearer picture... But probably not!0