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Wigan in advanced takeover talks

Covered End
Covered End Posts: 51,989
in Other Football and Sports
http://www.bbc.co.uk/sport/football/42753690

Comments

  • TEL
    TEL Posts: 10,100
    Reportedly 20million..... are you listening Roland?
  • Athletico Charlton
    Athletico Charlton Posts: 14,273
    edited January 2018
    £20m is a mental price to pay for a 2 bob team with no history, tin pot fan base and a proper rugby area. I know their recent past has been decent but apart from that really this is a mental price.

    Ed. Do they still have a couple of years parachute money left though? Guess that at least gives you a chance to either have a PL gamble or strip this our if the club and get your cash back.
  • Stu_of_Kunming
    Stu_of_Kunming Posts: 17,116
    Do wigan own the DW?
  • NapaAddick
    NapaAddick Posts: 4,657
    I think they do own it. Use to belong to the owner's fitness club company?
  • IanJRO
    IanJRO Posts: 691
    Probably the Aussies!
  • The Red Robin
    The Red Robin Posts: 26,126
    Until a deal is done, Jackson said the Whelan family remained committed to "owning and funding" Wigan.

    Jackson said a deal "will only take place in the best interests of Wigan Athletic".

    If only Roland or any of our previous owners (including you Murray) did the same.
  • Big_Bad_World
    Big_Bad_World Posts: 5,859
    Stu_of_Kunming said:

    Do wigan own the DW?

    They do indeed. Wigan Football Company Ltd own and operate the stadium.
  • Rudders22
    Rudders22 Posts: 3,864
    Interesting to note "In October, a non-disclosure agreement was signed with a Hong Kong group". If this the same ones then interesting it has taken over 3 months "
  • dizzee
    dizzee Posts: 5,616
    Great with that distraction we can pip them to the title.
  • killerandflash
    killerandflash Posts: 69,842
    The Red Robin said:

    Until a deal is done, Jackson said the Whelan family remained committed to "owning and funding" Wigan.

    Jackson said a deal "will only take place in the best interests of Wigan Athletic".

    If only Roland or any of our previous owners (including you Murray) did the same.

    What's Johnnie Jackson doing talking about Wigan!
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  • IdleHans
    IdleHans Posts: 10,961
    All other things being equal we should be worth a good deal more. But there will be value in them looking nailed on for promotion while we struggle to creep into playoffs.
    Roland Duchatelet - penny wise, pound foolish
  • sillav nitram
    sillav nitram Posts: 10,163
    Are they buying us?
  • cafcdave123
    cafcdave123 Posts: 11,491
    killerandflash said:

    The Red Robin said:

    Until a deal is done, Jackson said the Whelan family remained committed to "owning and funding" Wigan.

    Jackson said a deal "will only take place in the best interests of Wigan Athletic".

    If only Roland or any of our previous owners (including you Murray) did the same.

    What's Johnnie Jackson doing talking about Wigan!
    he was up there looking for his legs...
  • SDAddick
    SDAddick Posts: 14,467
    Athletico Charlton said:

    £20m is a mental price to pay for a 2 bob team with no history, tin pot fan base and a proper rugby area. I know their recent past has been decent but apart from that really this is a mental price.

    Ed. Do they still have a couple of years parachute money left though? Guess that at least gives you a chance to either have a PL gamble or strip this our if the club and get your cash back.

    Honestly, I don't know what "history" would have to do with a sale price in the modern game. Fan base, certainly. But I imagine for just about all investors, unless they have a personal tie to the club, all they're considering is potential.

    Also, their parachute payments would have ended last season I believe (I think it's now 60m x 4 years). So while they don't have that now, given they've traditionally been pretty frugal and been adept at buying low and selling high (going on memory though), I imagine their books look pretty good, compared to us.
  • paulsturgess
    paulsturgess Posts: 3,800
    edited January 2018
    SDAddick said:

    Athletico Charlton said:

    £20m is a mental price to pay for a 2 bob team with no history, tin pot fan base and a proper rugby area. I know their recent past has been decent but apart from that really this is a mental price.

    Ed. Do they still have a couple of years parachute money left though? Guess that at least gives you a chance to either have a PL gamble or strip this our if the club and get your cash back.

    Honestly, I don't know what "history" would have to do with a sale price in the modern game. Fan base, certainly. But I imagine for just about all investors, unless they have a personal tie to the club, all they're considering is potential.

    Also, their parachute payments would have ended last season I believe (I think it's now 60m x 4 years). So while they don't have that now, given they've traditionally been pretty frugal and been adept at buying low and selling high (going on memory though), I imagine their books look pretty good, compared to us.
    They won the cup a couple of years ago, so they've arguably got as much history as us - and its recent history, not the best part of a century ago. As much as we're all proud of it, the fact we got 60/70,000 crowds in the 50s would not have any impact on our valuation today. Literally 0%. Not 0.00001% impact - 0%. Nothing. Completely irrelevant.

    Next season Wigan will be in the championship. Individual players in that division now go for close to 20m, let alone an entire club. You're a bit of investment and a decent managerial appointment away from the premier league (where they've been established before) and the cash there is off the scale.

    To be honest, £20m seems like a good deal.
  • NapaAddick
    NapaAddick Posts: 4,657
    edited January 2018
    CAFC are worth more than Wigan just because they are in London. But I doubt they are worth 2.5x as much. But then again, I would rather own CAFC at 50m than Wigan at 20m if the goal is to get a team into the PL and then sell out at a profit. The sell price of a London club would be much more than 30m higher than whatever Wigan would sell for if they were a mid table PL club.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    I thought he had passed away, still reckon he'd make a great owner.

    Exciting times........

  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Sorry, thought you said Wogan in advanced takeover talks
  • Rudders22
    Rudders22 Posts: 3,864
    and generally more attractive to players that is... London not Wigan
  • blackpool72
    blackpool72 Posts: 23,668
    i_b_b_o_r_g said:

    Sorry, thought you said Wogan in advanced takeover talks

    Give yourself a promote
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  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    blackpool72 said:

    i_b_b_o_r_g said:

    Sorry, thought you said Wogan in advanced takeover talks

    Give yourself a promote
    Chance be a fine thing
  • soapy_jones
    soapy_jones Posts: 21,350
    edited January 2018
    Always the bridesmaid never the bride... sigh!

    Why not us? Roland you complete bastard!
  • killerandflash
    killerandflash Posts: 69,842
    Wigan seem to be a well run club, and I imagine the financials look miles better than ours, but they suffer both from being in what has been a Rugby town historically, and that they are smack between Liverpool and Manchester and have a relatively short history as a decent side, so have a lack of fanbase. They never sold out in the PL years, which takes some doing.

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