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Wigan A Enters Administration

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louth_in_the_south
July 2, 2020, 10:12pm

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No pressure on the Wigan players to make sure they’re 12 points clear of relegation then . A few tasty bonus payments must’ve been promised . They’re going in my accas till the end of the season .


Lower F5
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diehardmariner
July 3, 2020, 10:16am
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Quoted from louth_in_the_south
No pressure on the Wigan players to make sure they’re 12 points clear of relegation then . A few tasty bonus payments must’ve been promised . They’re going in my accas till the end of the season .


Very good point, along with those that Golly has made.

Looks like they've played, or tried to play, the system.  
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GollyGTFC
July 3, 2020, 1:24pm

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Rumour, which Rick Parry (EFL Chairman) has been filmed discussing with a Wigan fan, that Wigan owners placed a massive bet in Philippines on them being relegated before placing the club in administration and triggering 12 point penalty.
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Son of Cod
July 3, 2020, 1:34pm
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Joke club. Remember when they took something like 79 fans to Spurs on a Saturday for a Prem game?
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Posh Harry
July 3, 2020, 3:07pm
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Quoted from GollyGTFC
Rumour, which Rick Parry (EFL Chairman) has been filmed discussing with a Wigan fan, that Wigan owners placed a massive bet in Philippines on them being relegated before placing the club in administration and triggering 12 point penalty.


Highly unlikely. With the stringent background searches the EFL do to ensure that people who own clubs are fit and proper, then there’s no way these type of people would have been able to buy a championship club.

Oh, hold on.............🙂
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GollyGTFC
July 3, 2020, 3:55pm

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Quoted from Posh Harry


Highly unlikely. With the stringent background searches the EFL do to ensure that people who own clubs are fit and proper, then there’s no way these type of people would have been able to buy a championship club.

Oh, hold on.............🙂


What are the EFL supposed to do? They can’t predict the future. What’s to stop any owner deciding to stop funding their club? The owners at Wigan have been model owners right up to the point where they pulled the plug.
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pen penfras
July 3, 2020, 4:15pm

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Quoted from GollyGTFC


What are the EFL supposed to do? They can’t predict the future. What’s to stop any owner deciding to stop funding their club? The owners at Wigan have been model owners right up to the point where they pulled the plug.


They could stop allowing owners to ruin clubs by overspending in the hope that they reach the promised land of the premier league, then pulling the plug when it doesn't look achievable. Run clubs within their means or kick them out. I doubt many clubs would gamble the way they do if the club would become virtually worthless without success.
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GollyGTFC
July 3, 2020, 4:35pm

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Quoted from pen penfras


They could stop allowing owners to ruin clubs by overspending in the hope that they reach the promised land of the premier league, then pulling the plug when it doesn't look achievable. Run clubs within their means or kick them out. I doubt many clubs would gamble the way they do if the club would become virtually worthless without success.


I totally disagree with the idea of running clubs within their means. Owners should be free to fund clubs if they like. Running clubs within their means just hands a monopoly to the biggest clubs. Look at the Bundesliga where there are only 3 privately owners clubs (RB Leipzig, Wolfsburg & Hoffenheim). Bayern win the league every season and buy all the best players. Even the 2nd biggest club (Dortmund) lose their best players to Bayern.

What shouldn’t be allowed is owners loaning money to clubs. Any cash injected should be donation or share capital purchase only. And owners should be stopped from selling club assets (stadiums, training grounds etc...) to themselves or their businesses.

And if a club wants to spend beyond their forecasted turnover they should have to deposit the money for the overspend with the EFL at the start of the season so owners can’t just pull the plug mid-season.
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MeanwoodMariner
July 3, 2020, 4:52pm

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This is not a case of long term mismanagement. It looks like an international multi-million pound scandal. The far east owners somehow sold the club to another company that they also own, with a loan at a crippling interest rate of 20%. As mentioned, big rumours that putting the club into administration within a week of buying it is to relegate them and win a huge bet.
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TownSNAFU5
July 3, 2020, 5:29pm
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As someone said the other day:  everyone passes the fit and proper persons test for football club ownership.
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