Wigan Administration

[tomphil]

1 hour ago, Mattyblue said:

Well yes, but structural problems are amplified in that area, for me the only reason clubs like Bury, with a great history going back to the dawn of the game, 130 years of league football, a big town, could only muster crowds of 2,000 is purely due to a fan drain down the road.

Yeah them Rochdale and Oldham suffer the most. Stockport as well but it is what it is I don't think any of them have been able to draw big crowds though.

Maybe back when it really was the working man's game. Bury in particular is a curious one they should have been able to get a few more in.

Sadder thing for me is the bright lights of Old Trafford and Anfield have a negative impact on our crowds as well and the likes of Preston.

[Mattyblue]

I would still hate it and probably egg it, but at least if they were putting on buses from Northern towns like Blackburn to Old Trafford and Anfield you could at least say they are choosing to still watch live football.

Instead they just watch an odd game on TV and think they garner some reflective glory, yet it’s them losing so much by not being part of their local club.

[JHRover]

29 minutes ago, Mattyblue said:

Administrators believe they have a case to avoid a points deduction. ‘Force majeure’.

https://www.wigantoday.net/sport/football/points-appeal-hope-wigan-athletic-2901223

That cannot be allowed to succeed. If it does then there will be many other clubs thinking of doing the same thing. We might as well do it too if there's no points deduction.

Reality is that if Wigan aren't deducted points then a Luton or Barnsley who have managed to pay their bills so far will be relegated at their expense. 

[tomphil]

That's why there is something dodgy about the Wigan thing somebody there is taking a few calculated gambles. 

[philipl]

Even if they get the points deduction, wouldn't bet against them staying up.

[AllRoverAsia]

1 hour ago, tomphil said:

That's why there is something dodgy about the Wigan thing somebody there is taking a few calculated gambles. 

Spot on. Opportunists at work.

[AllRoverAsia]

27 minutes ago, philipl said:

Even if they get the points deduction, wouldn't bet against them staying up.

Their current form would certainly suggest that.

If their plight is genuine and not a financial scam I hope they survive to fight another day. I don't want any Lancs or even greater Manchester clubs folding.

[EgyptianPete]

1 hour ago, philipl said:

Even if they get the points deduction, wouldn't bet against them staying up.

Fair point, BUT they have no money to pay players who already took a 30% pay cut, no money for transport, now those said player will all be looking for another club, or certainly the better ones, would you risk injury over the next six games to put you out of contention, i wouldn't want to play, livlehoods at stake.

[Scotland1]

Force majeure won’t work at all. I’ve had to deal with a few claims for this in contracts over the last two months along with extension of times etc and it’s quite clearly an opaque term. Usually we’d schedule out what would constitute a FM event like terror attack, tornado weather, etc. Very few will have Illness. 

Technically Covid isn’t an act of god either, The arbitration panels have ruled Covid isn’t FM but it’s down to the way a contract is specifically interpreted. 

https://www.pinsentmasons.com/out-law/guides/covid-19-force-majeure-clause

[Mattyblue]

The EFL ‘rules’ seem to be more flexible than most, however...

[oldjamfan1]

35 minutes ago, Scotland1 said:

Force majeure won’t work at all. I’ve had to deal with a few claims for this in contracts over the last two months along with extension of times etc and it’s quite clearly an opaque term. Usually we’d schedule out what would constitute a FM event like terror attack, tornado weather, etc. Very few will have Illness. 

Technically Covid isn’t an act of god either, The arbitration panels have ruled Covid isn’t FM but it’s down to the way a contract is specifically interpreted. 

https://www.pinsentmasons.com/out-law/guides/covid-19-force-majeure-clause

That's the key mate. The problem I had was that construction sites were effectively told to stop working by the government (though it was officially 'guidance' and not 'the law', which in itself is confusing), and some of the FM claims have been laughable (to me), but the lawyers seem to think that the contractors' claims might have some mileage so we have had to renegotiate a few things.

 

Edited July 2, 2020 by oldjamfan1

[philipl]

12 expressions of interest apparently.

Totally befuddled why the previous owners didn't seek creditor protection and invite buyer interest without collapsing into administration. Must have been a very long way gone that screwing over creditors was the only option.

[Scotland1]

5 hours ago, oldjamfan1 said:

That's the key mate. The problem I had was that construction sites were effectively told to stop working by the government (though it was officially 'guidance' and not 'the law', which in itself is confusing), and some of the FM claims have been laughable (to me), but the lawyers seem to think that the contractors' claims might have some mileage so we have had to renegotiate a few things.

 

You are quite correct in saying that basically in Lehman’s terms your right. 

Its all about how unforeseen matters are and how contracts have been structured surprisingly in construction the JCT series (mostly building) are probably better than the NEC (engineering) during this crisis. 

Il be honest seen a few go this week not good. Day of tomorrow as it’s been a mentally exhausting few weeks. As someone who originally flagged live on bbc Lancashire forum coverage out dubious season ticket mortgaging loans which since then has not been repeated and dealt with the efl personally, I will as of this evening be offering my support in anyway I can to help The Wigan supporters trust with anything I maybe of use with!

Edited July 2, 2020 by Scotland1

[oldjamfan1]

9 minutes ago, Scotland1 said:

You are quite correct in saying that basically in Lehman’s terms your right. 

Its all about how unforeseen matters are and how contracts have been structured surprisingly in construction the JCT series (mostly building) are probably better than the NEC (engineering) during this crisis. 

Il be honest seen a few go this week not good. Day of tomorrow as it’s been a mentally exhausting few weeks. As someone who originally flagged live on bbc Lancashire forum coverage out dubious season ticket mortgaging loans which since then has not been repeated and dealt with the efl personally, I will as of this evening be offering my support in anyway I can to help The Wigan supporters trust with anything I maybe of use with!

It’s been a tough time pal. Take it easy

[Scotland1]

3 minutes ago, oldjamfan1 said:

It’s been a tough time pal. Take it easy

Cheers pal. I know allot of subbies I’m helping at the minute so if I’m here anyone else needs advice PM me! 

Take it easy Oldham! Dad’s a wiganer and Wigan fan, flew back to Spain didn’t he yesterday ??‍♂️

[tomphil]

Around a dozen interested parties just goes to show there is still an attraction of owning Championship clubs with small gates. A lot of them will just be a passing interest or chancers but a few will be genuine.  Just like they would b should Rovers ever be available at a sensible price.

It would be hard to find somebody wealthy enough or willing enough to chuck 15 million away every season obviously. Thing is though run properly it wouldn't need that and it wouldn't suffer for it either.  These lot for some hidden reason chose to liquidate their spare money through an English football club.

Edited July 2, 2020 by tomphil

[chaddyrovers]

Are they interest parties local businesses man? 

[Exiled_Rover]

1 hour ago, chaddyrovers said:

Are they interest parties local businesses man? 

Apparently Lenegan's interested - leading a consortium.

On a related note - I'd happily take administration and a 12 point deficit NOW to rid ourselves of the Venky's. If only.

[Proudtobeblue&white]

https://www.theguardian.com/football/2020/jul/02/story-of-how-wigan-collapsed-into-administration-au-yeung-investigation

David Conn has always reported us fairly. This is amazing.

[Tom]

There’s a video on Twitter that is meant to be of Rick Parry (can only see his horrendous sandals) saying there’s rumours that the Wigan owners placed a big bet on Wigan to be relegated 

[Scotland1]

Just now, Tom said:

There’s a video on Twitter that is meant to be of Rick Parry (can only see his horrendous sandals) saying there’s rumours that the Wigan owners placed a big bet on Wigan to be relegated 

IEC owns casinos in Manila. 6! Days ago they bought a 392 bedroom building to match a hotel they owned.  

[tomphil]

Whelan himself must have been desperate to offload in the first place just like the Walkers.

[philipl]

10 hours ago, Tom said:

There’s a video on Twitter that is meant to be of Rick Parry (can only see his horrendous sandals) saying there’s rumours that the Wigan owners placed a big bet on Wigan to be relegated 

Not surprised

[Alex Rover]

On 01/07/2020 at 21:07, Alex Rover said:

For a layman (me) is there any reason (financially?) that someone would take over a business with the intention to immediately declare administration?

 

11 hours ago, Tom said:

There’s a video on Twitter that is meant to be of Rick Parry (can only see his horrendous sandals) saying there’s rumours that the Wigan owners placed a big bet on Wigan to be relegated 

They must have started to panic when Wigan went top of the Form Guides (last 10 matches LDDWWWDWWW).

https://www.footballwebpages.co.uk/wigan-athletic/form-guide/ten

 

[JHRover]

1 hour ago, tomphil said:

Whelan himself must have been desperate to offload in the first place just like the Walkers.

Think it was the same sort of story as Eddie Davies at Bolton. Getting on in life, glory days behind him, looking to a future beyond death where his family would need to be provided for and probably they weren't interested in bankrolling Wigan forever. Probably also know that the costs of funding football clubs getting very high even for people like Whelan and Davies who aren't billionaires.

Can't imagine he really wants to get involved with it all again at his age. Suspect he might bail them out if they need it but won't want to own and fund them moving forward