I’m offended, I’ve not bought any Stone Island since ’94 and probably gave what gear I had to the jumble sale ten years ago :roll:
As I am the author of that piece, please provide evidence that I am a hooligan (perhaps details of my criminal record, history of banning order or maybe even some pictures of me in ‘action’).
Or maybe just save yourself the bother as you won’t find any and as others have pointed out on this thread you are a LIAR and any decent sort of human being would perhaps be grown up enough to apologise at this point especially as many people on this thread have verified that it isn’t true.
Also, you mention the word elitist, have you ever read the fanzine or website? Every single issue I send out a plea for people to contribute, no matter what their views or background, and it’s very rare that anything doesn’t get printed. It is a completely open offer to anyone – does this fit the description of elitist or are you lying about me again?
I’ve highlighted a few words above in bold, please try and ascertain who they fit in line with the description ‘elitist’
Ooh a debate on ownership of football clubs and their finances, I’m in mr loudmouth!!
First of all, you appear to be confused? Are you comparing Wigan Athletic with FC United? Or as it would appear more logical are you are comparing Wigan Athletic with Manchester United? Do you have even the faintest idea why FC United were formed?
Let’s concentrate on the four key football finance areas of ownership debt, operating profits/losses, servicing interest payments & ticket pricing
Wigan Athletic is backed by one man whom without him we would be at best playing three or four levels below where we are. He has not got the club into debt – he IS the debt covering the £55m losses with a £40m interest free loan and a £15m bank overdraft secured on his personal land and assets.
Manchester United have been purchased by nearly £650m of leveraged buyout funds (that’s someone else’s money in layman’s terms) by a bunch of American sharks who draw up to £30m per annum out of the football club in personal funds and have laden the club with £60m of debt interest charges per annum meaning that the likelihood of them making any profit at EBITDA level is nigh impossible.
The average season ticket price at Old Trafford has increased from £487 in May 2005 to £722 this year, the season tickets in this time at Wigan have increased from £250 to £250, just over half the price that United tickets were five years ago?
Club saddled with expensive debt while the owners take millions out in drawings and even more debts to services the large interest payments running at 14% of turnover and eating away at profits and expensive ticket prices = unhappy fans
Interest free loans from owners without which club would be insolvent, covering accumulated losses out of owners own pocket and cheap ticket prices (should) = happy fans
I don’t see how Wigan Athletic fans have anything to protest about, save for your daily repetitive diatribe against the manager.
