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Wigan financial woes - up for sale again? p40

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Comments

  • golfaddick
    golfaddick Posts: 33,620
    Just deduct them points next season when they are back in League 1.

    Must be the 3rd or 4th time they've failed to pay wages on time. Problem always lies with someone or something else. 
  • Swisdom
    Swisdom Posts: 14,976
    Considering they bought promotion last season (blew other teams away by offering higher wages) it seems daft that they get away with this again!

    Yet another shambles of an ownership and someone needs to have an  example made of them.  

    I wonder if they’ll go for the tactical “administration” now so they can start next season on zero as opposed to a negative.  What’s the deadline?  End of March isn’t it?
  • Richard J
    Richard J Posts: 8,031
    Swisdom said:
    Considering they bought promotion last season (blew other teams away by offering higher wages) it seems daft that they get away with this again!

    Yet another shambles of an ownership and someone needs to have an  example made of them.  

    I wonder if they’ll go for the tactical “administration” now so they can start next season on zero as opposed to a negative.  What’s the deadline?  End of March isn’t it?
    This was probably the case that Nixon was talking about.
  • MarcusH26
    MarcusH26 Posts: 8,029
    Richard J said:
    Swisdom said:
    Considering they bought promotion last season (blew other teams away by offering higher wages) it seems daft that they get away with this again!

    Yet another shambles of an ownership and someone needs to have an  example made of them.  

    I wonder if they’ll go for the tactical “administration” now so they can start next season on zero as opposed to a negative.  What’s the deadline?  End of March isn’t it?
    This was probably the case that Nixon was talking about.

    That would make sense , especially if they're having " Liquidity" issues.
  • supaclive
    supaclive Posts: 6,514
    edited March 2023
    What I laugh my arse off about is.....

    @TMFootyFinance

    Lauded for his football economics genius.  I had to legally sue the twat for failing to do what he said he would. 

    Football is full of idiots 

    End of.
  • Swisdom said:
    Considering they bought promotion last season (blew other teams away by offering higher wages) it seems daft that they get away with this again!

    Yet another shambles of an ownership and someone needs to have an  example made of them.  

    I wonder if they’ll go for the tactical “administration” now so they can start next season on zero as opposed to a negative.  What’s the deadline?  End of March isn’t it?
    Would the points deduction be more points due to this being the 2nd time in 3 years
  • shirty5
    shirty5 Posts: 19,218
    edited March 2023
    3 points deduction with immediate effect 

    Now 8 points off safety 

    https://www.efl.com/news/2023/march/efl-statement-wigan-athletic/
  • Scoham
    Scoham Posts: 37,374
    Not the takeover we wished we had then.
  • killerandflash
    killerandflash Posts: 69,840
    Any future points deductions will surely be debited against next season, seeing that they are nearly down already
  • Bailey
    Bailey Posts: 3,265
    How Wigan have survived this long is amazing me. They were a football club who punched considerably above its weight when Whelan was at the helm and have no great fanbase to speak of. I think their average gate is about ten thousand and that rises if they play local teams like Preston or Burnley, it makes me wonder what wages they are paying because to be in trouble again smacks of buying promotion and not realising the costs. 
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  • swordfish
    swordfish Posts: 4,234
    edited March 2023
    If this is what a successful emergence from administration looks like, you can keep it. They are in a far worse position now (league table and squad) than when they entered administration previously. Still waiting to hear which Club is considering going into admin, unless Nixon was wrong 🤔
  • Totally bizarre takeover (which sadly they seem to attract).  They really couldn't have performed much better than they have since the takeover -ie immediate promotion - yet their owners still seem to have run out of money very quickly.

    You have to worry for their existence.  Traditionally tiny club in a stadium too big for them.
  • soapy_jones
    soapy_jones Posts: 21,350
    One day the queue of snake oil salesmen and chancers will run out...


  • MarcusH26
    MarcusH26 Posts: 8,029
    Didn't TS mention he nearly brought them before the Bahrainis did but was dissuaded by advisors? 
  • msomerton
    msomerton Posts: 2,972
    At least people will understand there are no riches in the Championship, just large losses.
  • Scoham
    Scoham Posts: 37,374
    MarcusH26 said:
    Didn't TS mention he nearly brought them before the Bahrainis did but was dissuaded by advisors? 
    They were one of the clubs he looked at yeah.
  • Callumcafc
    Callumcafc Posts: 63,757
    Awful for the fans.
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,728
    Any future points deductions will surely be debited against next season, seeing that they are nearly down already
    That is how it tends to work if a team are set to be relegated anyway, otherwise there is no punishment.
  • TelMc32
    TelMc32 Posts: 9,044
    Likely to be further sanctions against the club. The owner has failed to lodge funds equal to 125% of the monthly wage bill into a club account, which was a condition of previous “agreed decision” with the EFL. Owner also now charged with misconduct. 
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Totally bizarre takeover (which sadly they seem to attract).  They really couldn't have performed much better than they have since the takeover -ie immediate promotion - yet their owners still seem to have run out of money very quickly.

    You have to worry for their existence.  Traditionally tiny club in a stadium too big for them.
    You have to ask, well I do anyway, why?

    What's the point.  They have probably spent North of 20 million since they owned the club, don't actually own anything, and are going to end up loosing every penny they spent.

    This isn't a Goldberg or Jordan scenario, I doubt they knew where Wigan was when they bought it.
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  • thenewbie
    thenewbie Posts: 11,000
    MarcusH26 said:
    Didn't TS mention he nearly brought them before the Bahrainis did but was dissuaded by advisors? 
    Something of a Sliding Doors moment to consider I suppose... what if he HAD bought Wigan instead? Would some other "saviour" rescued us from the perils of ESI?

    I don't think I'd trade positions with them right now if we were in the exact same situation and facing the same consequences but then maybe if it WAS us in the Championship already we'd be tempting bigger fish than Methven or Spiegel...
  • NapaAddick
    NapaAddick Posts: 4,657
    This could be out future someday if things keep going the way they have went the last couple of years.
  • RonnieMoore
    RonnieMoore Posts: 4,496
    Wigan players have gone on strike and are refusing to train after wages not paid again 
  • Scoham
    Scoham Posts: 37,374
    Maybe Brannigan will be out next temp CEO once Storrie’s had his turn?
  • TelMc32
    TelMc32 Posts: 9,044
    Just spoke with him. He’s left because the owner, based in Bahrain, didn’t comply with the EFL requirement to lodge the wages here. He’d had enough of being mucked about and quit. Not fair on the staff or fans, but little a good CEO can do if the owner is absent and keeps on thinking they can get away with not playing by the rules. 
  • Richard J
    Richard J Posts: 8,031
    Wigan always seemed to me to be a Rugby League town. I always felt that Whelan brought them a Premier League FA Cup history.

    Preston , Bolton and even Blackpool have bigger football heritages. 
  • TelMc32
    TelMc32 Posts: 9,044
    Scoham said:
    Maybe Brannigan will be out next temp CEO once Storrie’s had his turn?
    Thomas was too busy responding to fans on social media to speak with Mal when he took over.  I’d suggested Mal get in touch with him at the time but, as we now know, Thomas knew football was easy and he didn’t need any help, bar burger flipping. Think Mal’s had enough of delusional owners for a while to come back to London. 
  • Redmidland
    Redmidland Posts: 44,700
    Sitting  in Black Prince Holiday Inn, lots of Wigan youngsters staying  here. Are they playing one of our youth teams tomorrow?
  • TelMc32
    TelMc32 Posts: 9,044
    Sitting  in Black Prince Holiday Inn, lots of Wigan youngsters staying  here. Are they playing one of our youth teams tomorrow?
    Their U18s are at Sparrows Lane in the morning.