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Wigan financial woes - up for sale again? p40

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  • Its a shame too as that penultimate game at the Valley between Charlton and Wigan has just become a serious game rather than hoping that the latter are on the beach 
  • Is there any evidence this is related to the HK law just passed? 
  • I suspect Wigan have taken the decision to take the hit now given that they are only 4 points from safety after the deduction and it is realistic they can pull that back considering the form they are in. Just outside the relegation places,they are 4 points from Hull 5 points from Stoke and 6 points from Boro. Of the bottom clubs, we look the most out of reach for them with an 8 points difference. Given their goal difference will be better, they have a realistic chance of saving themselves. It won't be easy, but it is certainly doable for them.
  • 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?
    No
  • edited July 2020
    It is stupid to wait until the season ends to decide when they are going to apply the deduction either apply it now or apply it next season.


    So are they on 50 points now or 38 i am confused 
  • It is stupid to wait until the season ends to decide when they are going to apply the deduction either apply it now or apply it next season.


    So are they on 50 points now or 38 i am conf
    But if they did finish 22nd, it’s not fair to deduct then is it? They’ll already be relegated so technically go without punishment concerning league standing. 
  • It is stupid to wait until the season ends to decide when they are going to apply the deduction either apply it now or apply it next season.


    So are they on 50 points now or 38 i am conf
    But if they did finish 22nd, it’s not fair to deduct then is it? They’ll already be relegated so technically go without punishment concerning league standing. 
    But if you then give them a -12 next season and they get relegated by 13 points, do you then say well they would have been relegated without the points deducted anyway so they haven't actually been punished so it needs to be moved to the next season.


    Either put it on now or say its going on at the start of next season then everyone knows where they stand, otherwise now it looks like they are on 50 poitns but technically they may be on 38 points but no one will know until the season is finished, it just makes no sense
  • seth plum said:
    A lot of this makes me think about a phrase used not long ago by Lyle Taylor which was 'I know my value'.
    Really?
    I wonder if he, and footballers generally, can take into account the new realities.
    And agents too.
    Crickey hope he’s not signing for Wigan!
  • seth plum said:
    A lot of this makes me think about a phrase used not long ago by Lyle Taylor which was 'I know my value'.
    Really?
    I wonder if he, and footballers generally, can take into account the new realities.
    And agents too.
    Crickey hope he’s not signing for Wigan!
    I hope he is . 🐀 
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  • johnny73 said:
    johnny73 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.
    Do you think there is a chance we could enter administration this season, same as Wigan?
    You would think our owners would want to bank the income from EFL and players sales first. Send the money out as consultancy fees, perhaps agreed payments to former club owners (Nimer / Southall) etc. Then go into admin when Duche comes calling for his 1.5 million.

    That's a cynical view if they can't find a legit buyer.


    Sorry mate I must've missed this, what £1.5m are you referring to?

    If we stay up we have to pay Duche 1.5million.

    Again anyone please correct me if I have this wrong.
    From what I have read that’s technically correct although I’m not sure which entity is in the hook for this.

    However if ducahatelet is not paid, It seems unlikely he would press for administration as then he would surely lose the majority of the value of his ‘loans’ 

  • Uboat said:
    Oggy Red said:
    MrLargo 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.
    Don't think he'd have thought twice about pulling the plug on funding if he didn't think he could recoup all his money from flogging the stadium. He kept paying the bills because it was in his interests to do so. If he gave one solitary toss about the wellbeing of his staff then he would have paid the bonuses he promised.
    We're all a bit cynical of Duchatelet. And with some good reason.

    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.





    Don’t know where this thing about RD being a socialist comes from. Is there any actual evidence to support it or is it just a mistake that keeps getting repeated?
    Um, don’t have the exact documents to hand but a central part of his failed political party was the payment of a decent wage to all citizens whether they were at work or not.

    this would be paid for by slightly higher levels of taxation on actual earnings.

    It’s a slightly redistibutrative policy often dabbled with by more socialist thinking parties but I don’t think it necessarily makes him a socialist: 

    he does also believe in football as a way of bringing people together but also as a way of doing that in a way that makes him money. 
  • MrLargo said:
    It is stupid to wait until the season ends to decide when they are going to apply the deduction either apply it now or apply it next season.


    So are they on 50 points now or 38 i am conf
    But if they did finish 22nd, it’s not fair to deduct then is it? They’ll already be relegated so technically go without punishment concerning league standing. 
    But if you then give them a -12 next season and they get relegated by 13 points, do you then say well they would have been relegated without the points deducted anyway so they haven't actually been punished so it needs to be moved to the next season.


    Either put it on now or say its going on at the start of next season then everyone knows where they stand, otherwise now it looks like they are on 50 poitns but technically they may be on 38 points but no one will know until the season is finished, it just makes no sense
    I think it makes sense to everyone except you!
    Maybe so but you look at a league table at it currently says Wigan 14th with 50 points

    Which may or may not be accurate we wont no if they are currently on 50 points until the end of the season when they have either been relegated or survived.

    My point is surely its easier to just add it now put the minus 12 on and move them to 38 points and 24th
    It's only cos if they were in the relegation zone come the t end of the season, it'd be no punishment to get docked points
  • Sounds like a pre-pack to me, something that I cannot believe is still legal.
  • MrLargo said:
    Read the explanations above Paulie! This policy was introduced to ensure that clubs going into administration always receive a meaningful punishment. 

    Surely it's not that traumatic to do a bit of basic mental arithmetic when you look at the table!!
    Right but as I said how long does that carry on for.

    They get deducted 12 points next season and get relegated by 13 points so the 12 points didnt effect them, do the 12 points then carry on to the following season? 
  • MrLargo said:
    It is stupid to wait until the season ends to decide when they are going to apply the deduction either apply it now or apply it next season.


    So are they on 50 points now or 38 i am conf
    But if they did finish 22nd, it’s not fair to deduct then is it? They’ll already be relegated so technically go without punishment concerning league standing. 
    But if you then give them a -12 next season and they get relegated by 13 points, do you then say well they would have been relegated without the points deducted anyway so they haven't actually been punished so it needs to be moved to the next season.


    Either put it on now or say its going on at the start of next season then everyone knows where they stand, otherwise now it looks like they are on 50 poitns but technically they may be on 38 points but no one will know until the season is finished, it just makes no sense
    I think it makes sense to everyone except you!
    Maybe so but you look at a league table at it currently says Wigan 14th with 50 points

    Which may or may not be accurate we wont no if they are currently on 50 points until the end of the season when they have either been relegated or survived.

    My point is surely its easier to just add it now put the minus 12 on and move them to 38 points and 24th
    If Wigan are relegated then the 12 point deduction would take place next season in L1.

    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.
  • MrLargo said:
    Read the explanations above Paulie! This policy was introduced to ensure that clubs going into administration always receive a meaningful punishment. 

    Surely it's not that traumatic to do a bit of basic mental arithmetic when you look at the table!!
    Right but as I said how long does that carry on for.

    They get deducted 12 points next season and get relegated by 13 points so the 12 points didnt effect them, do the 12 points then carry on to the following season? 
    The rule is there to stop teams already down going into administration, if Wigan go down anyway it would be done at the start of the season, so yes, they could go down by 13 points but that's beside the point of the deterrent.
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  • MrLargo said:
    Read the explanations above Paulie! This policy was introduced to ensure that clubs going into administration always receive a meaningful punishment. 

    Surely it's not that traumatic to do a bit of basic mental arithmetic when you look at the table!!
    Right but as I said how long does that carry on for.

    They get deducted 12 points next season and get relegated by 13 points so the 12 points didnt effect them, do the 12 points then carry on to the following season? 
    It carries on until the final whistle of this season.

    If Wigan are in a relegation spot, then their 12 point deduction happens next season and they start off League 1 on -12.

    If Wigan are not in a relegation spot then they have a 12 point deduction this season. You just have to mentally remove 12 points from their current total to get their true position.
  • MrLargo said:
    Read the explanations above Paulie! This policy was introduced to ensure that clubs going into administration always receive a meaningful punishment. 

    Surely it's not that traumatic to do a bit of basic mental arithmetic when you look at the table!!
    Right but as I said how long does that carry on for.

    They get deducted 12 points next season and get relegated by 13 points so the 12 points didnt effect them, do the 12 points then carry on to the following season? 
    Why would it carry over to the 2021/22 season? The point deduction will be decided at the end of this season. 

    All you have to do for the next 6 games is minus 12 points from Wigan current tally. 
  • Uboat said:
    Oggy Red said:
    MrLargo 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.
    Don't think he'd have thought twice about pulling the plug on funding if he didn't think he could recoup all his money from flogging the stadium. He kept paying the bills because it was in his interests to do so. If he gave one solitary toss about the wellbeing of his staff then he would have paid the bonuses he promised.
    We're all a bit cynical of Duchatelet. And with some good reason.

    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.





    Don’t know where this thing about RD being a socialist comes from. Is there any actual evidence to support it or is it just a mistake that keeps getting repeated?

    So, we were taken over by the Belgian Corbyn?

    That explains the exemplary running of the club over the past few years......erm
  • edited July 2020
    Paulie, you're overthinking it. Just look at it as if they have 38 points. The only way the 12 points will be deducted next season is if they would have been relegated anyway, without the deduction. Given that they already have 50 points that is quite unlikely. They can still stay up.
  • @paulie8290 why are you even thinking about the conclusion of next season if they go down this season and it gets put on at the start of next season?

    It’s fairly straightforward that the reason they are waiting for the end of the season is to ensure the punishment is meaningful, otherwise they’re already relegated and then -12 just means they end up finishing bottom, it doesn’t impact them in that case.

    If they go down without it and start on -12, they’ll have 46 games to recover from it.

    Look at them as having 38 points currently, and sitting bottom of the league.

    Or, if you want to... Take their points now and know that if they are 11 points or less in front of the relegation zone come the end of the season, they’re going down. So as people are thinking say, 50/51 points is what you need, Wigan will need to finish on 63 points to be safe. 
  • If we beat Wigan in a little over 2 weeks, it’s very likely that we will finish above them. 
  • Uboat said:
    Oggy Red said:
    MrLargo 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.
    Don't think he'd have thought twice about pulling the plug on funding if he didn't think he could recoup all his money from flogging the stadium. He kept paying the bills because it was in his interests to do so. If he gave one solitary toss about the wellbeing of his staff then he would have paid the bonuses he promised.
    We're all a bit cynical of Duchatelet. And with some good reason.

    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.





    Don’t know where this thing about RD being a socialist comes from. Is there any actual evidence to support it or is it just a mistake that keeps getting repeated?

    So, we were taken over by the Belgian Corbyn?

    That explains the exemplary running of the club over the past few years......erm
    Doubt Guy Luzon knew
  • Pretty likely anyway, 8 points ahead.

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Roland Out Forever!