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Wigan financial woes - up for sale again? p40

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Comments

  • Rothko said:
     Dear EFL.

    I think your fit and proper persons test may need a little tweak.

    Kindest regards.
    I'll tell you who would never pass the fit and proper persons test, the fucking EFL. I know some have said Wigan's situation is good for us, but personally I see nothing good in another club struggling in that way ...we are still not out of the woods ourselves financially and with an EFL investigation which could yet involve points deductions either this season or next. And, Im sure we all know there will be more clubs in a similar position to Wigan in the next couple of years.
  • Even with the points deduction this season, they could still stay up.

    All they’ll need is to amount 4 more points than what Hull get between now and the end of the season, same with 3 more than what Barnsley get, and 2 more than what Luton get.

    They're in trouble, but their form at the moment gives them a chance, even with the punishment.

  • So the EFL allowed the previous owner to sell the club to himself and he'll be repaid by creditors, yet the club still go into administration. 
  • Sage said:
    Even with the points deduction this season, they could still stay up.

    All they’ll need is to amount 4 more points than what Hull get between now and the end of the season, same with 3 more than what Barnsley get, and 2 more than what Luton get.

    They're in trouble, but their form at the moment gives them a chance, even with the punishment.
    But unlikely to finish 12 points above us
  • The EFL has to introduce a system to sort out this sort of crap going on. If it can't the Government needs to step in and help. Punishing the club, punishes the fans. Those responsible just walk away!! Football clubs are so much more than businesses.
    Ain't that the truth.
  • Won the FA Cup just 7 years ago
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  • edited July 2020
    One law that could be introduced is that the vendor finally passes on ownership only when agreed payments are completed. Failure for this to happen means the club ownership reverts to the vendor.  
  • Where do the FA come into all this? They are supposed to be the governing body.

    And picking up on this comment from @Cafc43v3r earlier:

    "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."

    Not true. My husband and I have subsidised our tour operating business over the past few months to a greater financial extent than Paul Elliott has invested in CAFC. Thanks to coronavirus - and in the hope that we make it through.
    Fair point.  My point being that your "customers" don't expect you to subsidises their holidays because you have another, profit making business, do they?


  • Rothko said:
    I don’t think a points deduction is a given
    Yes it is. Imagine the lawsuits from other clubs that have had points taken away before Wigan if Wigan are not deducted. 
  • edited July 2020
    Sage said:
    Even with the points deduction this season, they could still stay up.

    All they’ll need is to amount 4 more points than what Hull get between now and the end of the season, same with 3 more than what Barnsley get, and 2 more than what Luton get.

    They're in trouble, but their form at the moment gives them a chance, even with the punishment.

    I bet their players are not being paid. We will see. I think they are done. Hopefully we are not about to enter administration. Would not put it past us. No money coming in.... transfer ban.... ownership issues. Sound like a prime candidate. When I heard on the radio here in the US a few  hours ago that “a Championship club had gone into administration” I started sweating.
  • The EFL has to introduce a system to sort out this sort of crap going on. If it can't the Government needs to step in and help. Punishing the club, punishes the fans. Those responsible just walk away!! Football clubs are so much more than businesses.
    Yeah I’ve had a thought in that today. I think all football clubs should have it written into their share structure that the shares that control the ‘ginseng league ticket’ cannot be sold or otherwise amended without the prior passing of the EFL test.

    not perfect and currently not legal so would need government intervention but would help particularly if the EFL test actually required a deposit of £20m-30m cash (At championship level) into a ring fenced account solely for the use of the club.  Again not totally chancer proof but would put paid to many a dodgy dealer looking for a sniff of money but without any development plan. 
  • edited July 2020
    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. 
    My point is people are saying  the reason its be done this way is because if they get relegated without the points deduction then giving them a points deduction is no punishment

    So at the start of the 2021/22 season u give them minus 12 points and they go down by 13 points then technically they points deduction wouldnt have made any difference and they haven't been punished so there is no difference.

    I am not saying it should be carried on, and i get the rule is in place for teams that are already relegated trying to quickly get the 12 point deduction, but in Wigans case they are not already relegated trying to quickly get it this year so why not just add it IMO anyway.
    I completely understand what your saying. Wigan get deducted 12 points this season but not if there relegated because the punishment needs to hit them. I get what you mean by if they would finish in the bottom 3/4 next season anyway than they’ve still not been punished. 

    But the rules are there to stop already relegated sides from going into admin the day before their last game. Even if Wigan were to go down next season, they would have punished in the respect players might not want to play for a team already 12 points down and they’ve had the pressure of winning 4 games just to get their season started. It’s totally fair in my opinion although I have a lot of sympathy for them. 
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  • If they finish 14 points clear of relegation and get deducted 12 points where is the punishment then? There isn’t bonus money for positions in the Championship is there?
  • If they finish 14 points clear of relegation and get deducted 12 points where is the punishment then? There isn’t bonus money for positions in the Championship is there?
    I suppose the punishment is having to gain the necessary points which whilst possible, is going to be very difficult. Had it been imposed when/if they had the cushion, it would not be a punishment but it is a punishment now. Having said that, they are only 4 points away from safety. Not impossible given the way they have been playing recently.
  • Fuck the EFL, they are not fit for purpose... how does this keep happening?. 
  • "However, under EFL rules, clubs are permitted to appeal under the terms of a force majeure clause relating to circumstances that could be considered “unforeseeable and unavoidable”, which could yet apply in the case of Covid-19.

    “It’s subject to appeal,” Krasner, the former chairman of Leeds United, told Telegraph Sport. “My lawyers are aware of this matter and when we get the letter [from the EFL] we will consider it.”

    Asked if an appeal was viable, Krasner added: “What happens if another four clubs go next month? The Football League is going to have to seriously consider how they treat everybody fairly. It’s too early to say.”

  • There should be a safeguard like landlords receive from tenants, a deposit up front. So when a buyer purchases a club, they should be made to pay x amount of millions to the EFL, to stop them just walking away. If owners do right by the club and once they sell they get it back.
  • I wonder who? 


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