Yep, told me again that they’re debt free and all is still rosySure that Wigan chap told me it was all fine?
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Yep, told me again that they’re debt free and all is still rosySure that Wigan chap told me it was all fine?
You can’t give something that you don’t own to anyoneI think its difficult though, there are fan winners in the game of Bat shit football owners, not too long ago Villa were inches from going to the wall, qpr had their time in the sun and forest are currently enjoying themselves, all at the expense of some clubs who are at least trying to be semi practical.
For what its cost other clubs and the harm its done the game in general, I'd argue the punishment needs to be more severe then shown here. Doubt it'd be legal but my preference would be to give the fans ownership of the/a club in the conference.
Very unfair that wasn’t first delay due to it being a bank holiday weekend when they couldn’t transfer money electronically !!!Alarm bells should have been going mental after the owners missed the first payroll. As I’ve said before, there are ways to make a same day payment to avoid such problems.
Cash flow was always the issue
All todo with not setting a precedent surely for future sanctions, ie same situation next season and -3 might drop someone into relegation position, think if defence was “you didn’t dock Wigan 3 points last years”Its a 4 point deduction, with another 4 points to be deducted if they are late again.
The extra 3 point deduction for this season is utterly pointless, and is a cop-out by the EFL. How Wigan fans can claim the EFL discriminate against them after that non-punishment is laughable. Whats the bloody point in knocking 3 more points off a side that finished in the bottom three? If the EFL really wanted to get tough, they'd have reinstated the 3 points deducted last month and deducted 10 points for next season, with a further 4 suspended. Perhaps @Barnsley could appeal and then ask Wigan to pay their appeal fee (again)!
On the plus side, Bolton will be in the same league (assuming Wigan make it to August), so perhaps @dannyt, @Midas can go on their board and try and create a rivalry with a club that might give a shit.
You can’t give something that you don’t own to anyone
Very unfair that wasn’t first delay due to it being a bank holiday weekend when they couldn’t transfer money electronically !!!
All todo with not setting a precedent surely for future sanctions, ie same situation next season and -3 might drop someone into relegation position, think if defence was “you didn’t dock Wigan 3 points last years”
We were pumping cash into the club, and making illegal payments to players. Late 40’s / early 50’s we were 6th or 7th best supported club, yet we were called the Bank of England club and broke records for transfer fees on multiple occasions. Financial doping. We only had the players we did because the directors were happy to fund it, and we were paying wages under the counter.
Gan on Grumps, lad. Get em teltClearly you haven't the first clue about football finances in the 50's. It was an age where crowds were big, and costs were low, thanks to a maximum wage of £15/week (around £750 in modern terms). So the top teams were super profitable, The directors didn't need to put money in; indeed, clubs were more likely to be paying dividends. The crime was to make under the counter illegal payments to get certain players in and circumvent the maxiumum wage (notably Trevor Ford). Sunderland's crowds were what gave them the financial edge. The fees,etc, came from the fans, not the directors.
Although, in theory what you say is mostly correct, it’s not entirely true, but then I suspect you already know that. There were several football clubs that had bigger crowds paying higher entrance fees at the time, yet Sunderland were the ones that could outbid everyone else when they wanted a player. And the accounts of the time show several large payments made by directors. (Of course not large by the standards of today, but in those days large for a sport that was at the time pretty self funded, as you say).Clearly you haven't the first clue about football finances in the 50's. It was an age where crowds were big, and costs were low, thanks to a maximum wage of £15/week (around £750 in modern terms). So the top teams were super profitable, The directors didn't need to put money in; indeed, clubs were more likely to be paying dividends. The crime was to make under the counter illegal payments to get certain players in and circumvent the maxiumum wage (notably Trevor Ford). Sunderland's crowds were what gave them the financial edge. The fees,etc, came from the fans, not the directors.
Although, in theory what you say is mostly correct, it’s not entirely true, but then I suspect you already know that. There were several football clubs that had bigger crowds paying higher entrance fees at the time, yet Sunderland were the ones that could outbid everyone else when they wanted a player. And the accounts of the time show several large payments made by directors. (Of course not large by the standards of today, but in those days large for a sport that was at the time pretty self funded, as you say).
There is a record of the club accounts for every year of the 50’s (presumably before and after too - I’ve only seen copies of a couple of years from the 50’s). I’m sure that the club and the FA will hold a copy. I assume that as they were used for tax purposes, HMRC archives must also have a copy. There are various other copies in circulation. I’m pretty sure that if you had the time and inclination, you’d be able to find copies on the internet.I'll be interested to know where you found these accounts. CH records only go back to 1975.
In fact you don’t need that much time to find them - it looks like you can buy a copy of the accounts for the year ended 7th May 1955 on EbayThere is a record of the club accounts for every year of the 50’s (presumably before and after too - I’ve only seen copies of a couple of years from the 50’s). I’m sure that the club and the FA will hold a copy. I assume that as they were used for tax purposes, HMRC archives must also have a copy. There are various other copies in circulation. I’m pretty sure that if you had the time and inclination, you’d be able to find copies on the internet.
Great post, the likes of city can just bend the rules yet smaller clubs have to take it on the chin. The ethics and morals of rich clubs are rock bottom but the money that comes with it makes them untouchable.My daughter's boyfriend as I have said many times is a really good lad, a really good supporter and it is those people that are suffering - the true supporters. So a couple of internet loons came on here bigging it up - that is not all their supporters. i was welcomed at Wigan despite the score. It is a sad reflection that this is the state of the game.
Meanwhile clubs like City with over a hundred charges march on to league/Champions league success and nothing happens. Whereas small clubs whose fans have been fucked over by questionable owners suffer
Not sure I'm that argumentative.There is a record of the club accounts for every year of the 50’s (presumably before and after too - I’ve only seen copies of a couple of years from the 50’s). I’m sure that the club and the FA will hold a copy. I assume that as they were used for tax purposes, HMRC archives must also have a copy. There are various other copies in circulation. I’m pretty sure that if you had the time and inclination, you’d be able to find copies on the internet.
In fact you don’t need that much time to find them - it looks like you can buy a copy of the accounts for the year ended 7th May 1955 on Ebay.
LOL. The couple of years that I saw were really interesting, well worth a look if you ever get the chance. Very different to modern accounts.Not sure I'm that argumentative.
They were extinct after the 1976 Companies Act which was in force when I started my articles.LOL. The couple of years that I saw were really interesting, well worth a look if you ever get the chance. Very different to modern accounts.
The "sums put into the clubs account by Directors" was almost certainly part of the smoke screen to hide the illegal activity of avoiding taxation and paying the players under the counter. They probably didn't need to put any money in themselves. The advantage Sunderland had from the big crowds was that people were getting through the gate without being part of the declared crowd thus that money had to come from somewhere else i.e "The Directors".There is a record of the club accounts for every year of the 50’s (presumably before and after too - I’ve only seen copies of a couple of years from the 50’s). I’m sure that the club and the FA will hold a copy. I assume that as they were used for tax purposes, HMRC archives must also have a copy. There are various other copies in circulation. I’m pretty sure that if you had the time and inclination, you’d be able to find copies on the internet.
In fact you don’t need that much time to find them - it looks like you can buy a copy of the accounts for the year ended 7th May 1955 on Ebay.
Probably not but who is going to give him any money for Wigan? He might aswell just try and walk away without putting another penny into the club, granted its horrific for fans but from a business point of view unless he can get more money in a sale than he is going to be risking by putting it into the 'wages pot' he might just think meh, not like he cares about a random club in the North West whilst hes in Bahrain or wherever he is and I very much doubt he needs to ever visit Wigan.Deadline for the 125% to be visible is today. It’s not yet been paid
He’s skint isn’t he?
Deadline for the 125% to be visible is today. It’s not yet been paid
He’s skint isn’t he?
Surprised at that, I’m sure a few of the Wigan lads on here mentioned the majority of the squad were signed on two year deals.I’ve just seen their retained list.
Still got nearly all the top earners under contract. Very few have expired.