Wigan Into Administration
- Thread starter eddtheduck
- Start date
Roadhouse
Midfield
EFL fit and proper test working wonders again...
The Albanian
Winger
Tin Soldier
Striker
Football is morally bankrupt and is eventually going to stew in its own juice ! Sleazy throughout
SAFC Wilks
Striker
Rick Parry wouldn’t give a fuck...unless his own job was under threat.
EFL chairman Rick Parry secretly filmed discussing stricken Wigan
A clip, posted on social media on Thursday night, shows the EFL chairman openly discussing the goings-on at the crisis-hit Championship outfit with a man in the street.www.dailymail.co.uk
Parasite.
luvulongtime
Striker
i'm sure the Asian bookies will take being robbed of millions with a cheery smile and won't be sharpening their meat cleavers
Soon to be Bok Choi..
The people who run the game have failed yet again. The whole thing needs pulling down and starting from scratch.
Westoe SAFC
Winger
SAFC next. RIP.
I feel guilty for laughing! Dave's a great bloke but he makes sure you know about that story.
You're a very naughty boy, Spuff!
worcestermakem
Winger
If the League one paying/playing/not playing/play off integrity fiasco isn't enough, approving a loan from a current owner of a club to the new owner at virtual pay day loan rates proves the EFL is not fit for purpose.
No way will they provide proper leadership and decision making when the financial tsunami hits the EFL in the next few weeks.
No way will they provide proper leadership and decision making when the financial tsunami hits the EFL in the next few weeks.
SpiritofBurnden
Winger
Conn's on the case: Brutal and bizarre: the story of how Wigan collapsed into administration | David Conn
So, the facts as set out are that in the middle of the coronavirus crisis, while football was still shut down and many clubs fear going out of business, Au Yeung decided to buy Wigan Athletic, a club which even in normal times loses millions of pounds. At first in partnership with Choi, he paid £17.5m, giving IEC more than they paid for the club, and also ensured their £24m loan was repaid. But then, on the day he took ownership after this £41m purchase, he decided not to fund it and to put the club into administration, so losing control, the £17.5m, and probably the £24m too.
So, the facts as set out are that in the middle of the coronavirus crisis, while football was still shut down and many clubs fear going out of business, Au Yeung decided to buy Wigan Athletic, a club which even in normal times loses millions of pounds. At first in partnership with Choi, he paid £17.5m, giving IEC more than they paid for the club, and also ensured their £24m loan was repaid. But then, on the day he took ownership after this £41m purchase, he decided not to fund it and to put the club into administration, so losing control, the £17.5m, and probably the £24m too.
Tin Soldier
Striker
Some seem to be looking forward to this ???
mackembulldog
Striker
What is it going to take to show how unfit for purpose the EFL are?
BigPete
Striker
Probably us going under.
