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Wigan financial woes - up for sale again? p40
Comments
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MrLargo said:Chris_from_Sidcup said:I wonder if the authorities might be a bit more lenient with the points deduction give the current economic climate?0
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Pretty sure they're not going to be the only club this happens to in the next couple of months.
Serious questions need to be asked as to how a club can be taken over and then put into administration less than a month later. Wtf has gone on? A silly question i know given the Nimer and Southall fiasco but how can a new owner not have any money after just 1 month?
EFL not fit for purpose yet again.16 -
MrLargo said:It's a 12 point deduction, not 10. From what I can make out from this - https://www.efl.com/-more/governance/efl-rules--regulations/section-3---the-league/ - it's automatic when they enter administration, not something that you can appeal (unless the administration is caused by another club defaulting on a payment which consequently forces Club A into administration). The only grey area is that when a points deduction is applied (this season or next season) revolves around whether administrating occurs before or after the 4th Thursday in March, which is obviously based on a season running to May, not July. There's also mention of force majeur. Working at the moment so only skim read it.
Good news for us, but another club let down by the EFL. How can you go into administrating 4 weeks after being taken over?!
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I think it was our own jimmy stone who said on Twitter he has a sneaking suspicion there’s some kind of underworld racket going on, with people “buying” football clubs and then letting them fold, look at bury, us under southall and now Wigan. What seems to essentially be a fraudster ring happening in football right now5
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Survive they get hit with the 12 points this season, go down, they get to start 12 down2
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wiks links states it is 10 points and immediate.0
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So basically the 12 point deduction is this season unless they go down regardless, in which case they carry it to next season.0
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kentaddick said:I think it was our own jimmy stone who said on Twitter he has a sneaking suspicion there’s some kind of underworld racket going on, with people “buying” football clubs and then letting them fold, look at bury, us under southall and now Wigan. What seems to essentially be a fraudster ring happening in football right now
If that is the case sooner or later there will be robust enough information to withstand litigation.
There is a bigger army of skilled information seekers than the organised crime army.0 -
stackitsteve said:So basically the 12 point deduction is this season unless they go down regardless, in which case they carry it to next season.
or take the hit and go down , and rebuild next season0 - Sponsored links:
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Rothko said:
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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.3
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So if we're taking 52 points as a survival target this season they need to be getting 64 to stay up.
So they need at least 4-5 wins from their last 6 games.2 -
seth plum said:kentaddick said:I think it was our own jimmy stone who said on Twitter he has a sneaking suspicion there’s some kind of underworld racket going on, with people “buying” football clubs and then letting them fold, look at bury, us under southall and now Wigan. What seems to essentially be a fraudster ring happening in football right now
If that is the case sooner or later there will be robust enough information to withstand litigation.
There is a bigger army of skilled information seekers than the organised crime army.0 -
Rothko said:
I think your fit and proper persons test may need a little tweak.
Kindest regards.13 -
sammy391 said:stackitsteve said:So basically the 12 point deduction is this season unless they go down regardless, in which case they carry it to next season.
or take the hit and go down , and rebuild next season0 -
Obviously terrible news for Wigan and those businesses set to lose out
But part of me hopes this is the first of many and it leads to a reform of the way clubs operate. It's clear that the situation is getting worse and worse for those in the EFL and that was without Covid.4 -
ads said:Have Wigan gone into administration?1
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Given the circumstances, wouldn’t there be an amnesty on a points deduction? At least a smaller deduction?0
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Before tonight's games, Wigan are currently 8 points ahead of the relegation places, so it's not impossible they could get enough points to be 12 clear by the end of the season IF this doesn't affect morale0
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so do I have this right, if they finish 10 points above the relegation zone then they will be deducted 12 points and be relegated. If they finish 14 points clear of the relegation zone they are deducted 12 points and stay up? Where is the punishment then? (not that I want them to be relegated other than fairly and squarely).
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Chris_from_Sidcup said:So if we're taking 52 points as a survival target this season they need to be getting 64 to stay up.
So they need at least 4-5 wins from their last 6 games.0 -
I feel sorry for any club going into Administration.3
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killerandflash said:Before tonight's games, Wigan are currently 8 points ahead of the relegation places, so it's not impossible they could get enough points to be 12 clear by the end of the season IF this doesn't affect morale
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I'm not sure that they will get a points deduction. Whilst it's automatic initially, the club has a right of appeal in cases of force majeure. One of the examples given in the regulations is as follows:-
Club Income: In the event that a club suffers material adverse effects upon the loss of anticipated income streams which means that it is unable to meet its liabilities as and when they fall due.
It's difficult to see how this doesn't apply.
It's potentially going to make the end of the season messy because it's probably only worth them appealing if the deduction will relegate them. So I can see a situation where an appeal goes in at that point and then takes some time to resolve. I think it means we definitely don't want to be sitting anywhere around 20th/21st come the end of the season.0 -
Football in this country needs to go the way of Germany and have fan run clubs . These charlatans and con men don’t give a shit about the football clubs ( as we are seeing now ) - it’s the fans that care and will look after a clubs best interests.15
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Cloudworm said:Given the circumstances, wouldn’t there be an amnesty on a points deduction? At least a smaller deduction?Can’t see any on the relegation battle accepting that if it potentially helps them out0
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I wonder if they announced it today so they could extend some contracts before they announced it?0
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They’ve just said on sky sports news, Wigan will need to finish more than 12 points clear of the relegation zone, if they somehow ended up being in the relegation zone without the 12 point deduction, it will apply next season in league 1. Worst of both worlds for them, poor bastards!1
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LargeAddick said:so do I have this right, if they finish 10 points above the relegation zone then they will be deducted 12 points and be relegated. If they finish 14 points clear of the relegation zone they are deducted 12 points and stay up? Where is the punishment then? (not that I want them to be relegated other than fairly and squarely).4