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  • #187678
    muttywhitedogmuttywhitedog
    Player
    • 35 Posts Started
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    No way will we not get a buyer. Club have many assets including around 30 million pounds worth of players.

    They may have been worth £30m last month, but now the vultures are circling, their value will have dropped by 30%. And with zero income, apart from the TV money and a bit of advertising revenue, whoever does buy the club will not only have to stump up £15m+ up front, but plug a huge black hole until crowds are allowed back, and thereafter still fund the club at its £7m+ a year loss making.

    Any new owner will have to cut costs like never before. Its going to be like Austerity on Steroids, unless some random billionaire who doesn’t give a shit about his wealth any more comes along.

    #187680
    runcornfan1978runcornfan1978
    Player
    • 314 Posts Started
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    Better to have a club than no cub atoll all I’m hearing is rumour here rumour there with no concrete proof I’m pretty sure if their was a concrete story here the national press will have their far Eastern contacts on it as we all argue about how hard done by we’ve been so hopefully the stories will grow but I doubt it and the 12pts will stand at the end of the day we still need a buyer or we’re doomed.

    You are spot on! Having a club to support is of far greater importance irrespective of what league we find ourselves in.

    #187694
    dnrdnr
    Player
    • 52 Posts Started
    • 538 Participant
    • 590 Total Posts

    Interesting to see what the press conference brings us today

    #187713
    The EggThe Egg
    Chairman
    • 326 Posts Started
    • 6,581 Participant
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    Interesting to see what the press conference brings us today

    50 non disclsoure packs have been sent out and already 2 have come back with proof of funds

    #187715
    dnrdnr
    Player
    • 52 Posts Started
    • 538 Participant
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    There was a blog on Wigan today reporting live, anothe conference at 1 post meeting with Nandy

    #187716
    bigroybigroy
    Player
    • 47 Posts Started
    • 1,019 Participant
    • 1,066 Total Posts
    #187717
    The EggThe Egg
    Chairman
    • 326 Posts Started
    • 6,581 Participant
    • 6,907 Total Posts
    #187719
    the otterthe otter
    Player
    • 5 Posts Started
    • 764 Participant
    • 769 Total Posts

    No problem with it personally, but I’m curious as to who the other investors could be.

    #187720
    loweylowey
    Player
    • 256 Posts Started
    • 626 Participant
    • 882 Total Posts

    Read it carefully we wouldn’t be owned by lenegan. He can’t fund it on his own. He’s asking for local businesses to come forward to form a Wigan based partnership with both clubs under that as separate entities. That’s exactly what we need. Run by Wiganers. Got to be better than a poker playing conman.

    #187721
    the otterthe otter
    Player
    • 5 Posts Started
    • 764 Participant
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    The focus seems to be on everything being run by local people. That being the case I wonder if David Sharpe could be re-appointed as chairman?

    #187722
    cup winnerscup winners
    Player
    • 112 Posts Started
    • 1,883 Participant
    • 1,995 Total Posts

    Ainscough ?, I’m sure he’s been approached, not like he bout

    #187723
    The EggThe Egg
    Chairman
    • 326 Posts Started
    • 6,581 Participant
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    IL is a great owner. He has completely turned around the fortunes of the rugby club both on and off the field.

    He likes to have regular engagement with the fans and created a pre-season and end of season dinner for the club sponsors at which he is honest with his comments about both Wigan and the sport. He has regularly stated at these that the two clubs should work together and isn’t afraid to comment on how he is a Wigan Athletic fan simply because he is a proud Wiganer.

    Looking at the way he operates at WRL he would look to run the club in the exact same way that Whelan did. Buy low and sell high. The academy players will get opportunities as well.

    Who his investors are would be the issue, but given his business dealings in the past I’m pretty confident in his judgement.

    Works for me.

    #187729
    runcornfan1978runcornfan1978
    Player
    • 314 Posts Started
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    As I posted elsewhere, is he genuine or will he be another Maurice Lindsay?

    #187734
    dnrdnr
    Player
    • 52 Posts Started
    • 538 Participant
    • 590 Total Posts

    https://www.theguardian.com/football/ng-interactive/2020/jul/07/david-squires-on-wigan-athletic-going-into-administration

    Comic strip in the guardian, can’t work out if it is a piss take or a way to be informative

    #187741
    dnrdnr
    Player
    • 52 Posts Started
    • 538 Participant
    • 590 Total Posts

    There is now a statement out from the owners blaming Covid. I think this is a good thing as it would fit in the force majeur category for an appeal

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