Wigan financial woes - up for sale again? p40

If they hadn't had their ownership change a month ago, maybe they would have had more of a case

It would be interesting is another club was to go into administration now and claim Covid as a reason

Redrobo said:

cafcnick1992 said:

Absolutely tragic if you're a Wigan fan. Could happen to any club outside the top 6.

I agree.

But what will be an absolute tragedy is if Sheffield Wednesday don’t get relegated for cheating in so many ways over a long period and that this does not happen before the season ends.

If they are not relegated it makes cheating acceptable at the expense of those who tried hard but just couldn’t make it work.

Prepare yourself for a tragedy mate, I just really can’t see them being relegated, as much as I believe that’s the correct punishment. 

Redrobo said:

cafcnick1992 said:

Absolutely tragic if you're a Wigan fan. Could happen to any club outside the top 6.

I agree.

But what will be an absolute tragedy is if Sheffield Wednesday don’t get relegated for cheating in so many ways over a long period and that this does not happen before the season ends.

If they are not relegated it makes cheating acceptable at the expense of those who tried hard but just couldn’t make it work.

Heard that the decision on them is due this week.
Not sure if it’s something they can appeal though.

If the players are only getting paid 20% of their salary and the administrator is actively looking at selling anyone, then i wonder if certain players there will start to do a Lyle Taylor.

If you're a decent Wigan player (let's say Kieffer Moore or Jamal Lowe) and you know clubs are interested and you're likely to be sold, are you going to put 100% effort in and possibly get injured and risk a move? 

Cafc43v3r said:

I am really confused what people think the EFL are and what resources they have avaliable to them. 

How much time and money do bookmakers spend a year on detecting "unusual" betting patterns, the stock markets on preventing insider and rogue trading, the g7 on fraud investigation and prevention, who ever it is that disqualify directors?

Take us as an example we have probably had ten people take the fit and proper test this season.  There is no legal reason why any of them would have failed it.  They all passed it. Are they all fit and proper?

Before anyone says Southall a spent conviction for a minor crime is not a reason. Neither is being "a bit dodgy". 

And before anyone chirps up with "Romanian money laundering" he was not found guilty in court. 

The EFL say if something was done that would be a crime if committed in the UK you would fail.  Its a crime in Romania, he wasn't found guilty in court.

To blame the EFL for all footballs ills is a sign of ignorance. 

Speaking for myself, as someone who went to the EFL as a CAST rep, I am under no illusions that it is an underfunded organisation, that is in no position to thoroughly interrogate the increasingly dodgy shit that owners get up to. It outsources most of the forensic accounting work. This situation arises because of the absurd split between the FAPL and the rest of football, whereby most of the money in football, and how it is regulated is controlled by the 20 owners of FAPL clubs, including the State of Abu Dhabi,one of Russia’s most notorious oligarchs, and an English pornbroker. 

You do not understand what Florica has done in Romania, the challenges facing the justice system in that country, or the EFL’s new clause, which is  a copy and paste of an FAPL clause. That clause says that if a person did something that would be a crime in the UK,this would be a reason to fail the ODT, even if he wasnt convicted of a crime in his home country. There is no dispute about what Florica actually did in the Microsoft affair. Read it up, and then “chirp up” if you still dispute it. 

Speaking of Florica though, my question now is , have he and Mihail really gone, and if so, how much money did they get out of our club? Such lowlife dont work out of the goodness of their black little hearts. A question for @castrust perhaps.

I realise this is outdated information but I found the splits of revenue interesting.

What have Stoke Boro and Hull been doing with their income?

How can Leeds make more on commercial income than 7 clubs have as a total revenue?

Leeds have a huge fanbase and known on a global scale. Their commercial revenue is more than half of the premier league.

The broadcast figures seem strange though, Leeds made less than Millwall and only 1m more than Rotherham?

Broadcast revenue will include parachute payments plus any extra monies from a cup run, hence Millwall getting more than Leeds that season.

Sky only pay a small amount per match to have the match on TV. With the amount of money Leeds make on match day revenue, more than or equal to the same as 6 other club’s whole income totals, they’ve been saying for years they actually lose money each time they’re on TV, as the money from Sky doesn’t cover what they would’ve made otherwise. 

Wigan have appointed a QC in the points appeal, they could get off on the wording. They haven't missed any payments to creditors ... 

PragueAddick said:

Cafc43v3r said:

I am really confused what people think the EFL are and what resources they have avaliable to them. 

How much time and money do bookmakers spend a year on detecting "unusual" betting patterns, the stock markets on preventing insider and rogue trading, the g7 on fraud investigation and prevention, who ever it is that disqualify directors?

Take us as an example we have probably had ten people take the fit and proper test this season.  There is no legal reason why any of them would have failed it.  They all passed it. Are they all fit and proper?

Before anyone says Southall a spent conviction for a minor crime is not a reason. Neither is being "a bit dodgy". 

And before anyone chirps up with "Romanian money laundering" he was not found guilty in court. 

The EFL say if something was done that would be a crime if committed in the UK you would fail.  Its a crime in Romania, he wasn't found guilty in court.

To blame the EFL for all footballs ills is a sign of ignorance. 

Speaking for myself, as someone who went to the EFL as a CAST rep, I am under no illusions that it is an underfunded organisation, that is in no position to thoroughly interrogate the increasingly dodgy shit that owners get up to. It outsources most of the forensic accounting work. This situation arises because of the absurd split between the FAPL and the rest of football, whereby most of the money in football, and how it is regulated is controlled by the 20 owners of FAPL clubs, including the State of Abu Dhabi,one of Russia’s most notorious oligarchs, and an English pornbroker. 

You do not understand what Florica has done in Romania, the challenges facing the justice system in that country, or the EFL’s new clause, which is  a copy and paste of an FAPL clause. That clause says that if a person did something that would be a crime in the UK,this would be a reason to fail the ODT, even if he wasnt convicted of a crime in his home country. There is no dispute about what Florica actually did in the Microsoft affair. Read it up, and then “chirp up” if you still dispute it. 

Speaking of Florica though, my question now is , have he and Mihail really gone, and if so, how much money did they get out of our club? Such lowlife dont work out of the goodness of their black little hearts. A question for @castrust perhaps.

I am not disputing what happened in the "Microsoft affair".  We have spent hours going over it.  My point, as it always has been is as he wasn't found guilty and convicted in court. I wouldn't say he was found innocent btw.  The EFL would have to over rule an EU members justice system.

Which I would imagine wouldn't get a sympathetic hearing in a British court.

He probably should be disqualified as a director of any British company but that's not something the EFL can do. 

As for blaming the EPL for the under funding of the EFL?  That's something the EFL members could solve themselves with a flick of a pen.  But they would rather over pay the players, agents and in some cases themselves. 

https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/sports-business-group/deloitte-uk-annual-review-of-football-finance-2020.pdf

Chart 17 on page 28 shows flows to agents.
Extraordinary.

Chris_from_Sidcup said:

J BLOCK said:

Wigan have appointed a QC in the points appeal, they could get off on the wording. They haven't missed any payments to creditors ... 

Who is paying for that then?

Unless the EFL categorically state there cannot be an appeal, i can see this dragging on beyond the end of the season, as there's only 2 weeks left.

It's why we need to ensure we finish at least 21st and not worry about Wigan.

Suspect the administrators as it'll help them achieve a sale quicker and easier 

Cafc43v3r said:

MrWalker said:

I realise this is outdated information but I found the splits of revenue interesting.

What have Stoke Boro and Hull been doing with their income?

How can Leeds make more on commercial income than 7 clubs have as a total revenue?

Leeds's entertainment and conference facilities are outstanding, they are almost always fully booked and have events going on there most days.

There is probably only 1 comparable venue in West Yorkshire.