Ruddy Duck wrote:What, when it took weeks for a bigger club like Bolton Wanderers to find a buyer, even with having a better, bigger and dearer Stadium than the Latics with a hotel, exhibition hall and large shop. Whelan had in fact, been trying to sell the Latics and the Stadium for a couple of years or so before the sale to the chinese company.

We can only hope that the administrator sells the Stadium as a seperate sale and it is bought by a company like in Huddersfield and Hull who will charge the same rent for both clubs and also change the the name of the Stadium to that of their company.

muttywhitedog wrote:https://www.dailymail.co.uk/sport/football/article-8485007/EFL-chief-Rick-Parry-secretly-filmed-discussing-Wigan-Athletics-stricken-former-owner.html

It appears that someone placed a very large bet in the Philipines on their relegation just after they'd won yet another game to climb further away from the relegation zone, and just before their owners placed them into administration. Their owners are into gambling by the way....

The financial arrangements sound very murky indeed, and may put off even someone like Dave Whelan.

100% Warrior wrote:It’s utterly scandalous and smacks of corruption. Paul Kendrick says the club has money in the bank and the administrator Krasner (?) says it’s the strangest situation he’s ever been in given usually a club in administration has nothing or very little left.

It looks to me like the owners put the bet on to get themselves out of the mire, saw that Wigan were mounting their usual fight back and would likely stay up and chose to go into administration to manipulate the 12pt deduction to suit themselves.

100% Warrior wrote:It’s utterly scandalous and smacks of corruption. Paul Kendrick says the club has money in the bank and the administrator Krasner (?) says it’s the strangest situation he’s ever been in given usually a club in administration has nothing or very little left.

It looks to me like the owners put the bet on to get themselves out of the mire, saw that Wigan were mounting their usual fight back and would likely stay up and chose to go into administration to manipulate the 12pt deduction to suit themselves.

Jukesays wrote:I didnt put THAT MUCH on them going down, not by my standards anyway

Ruddy Duck wrote:What, when it took weeks for a bigger club like Bolton Wanderers to find a buyer, even with having a better, bigger and dearer Stadium than the Latics with a hotel, exhibition hall and large shop. Whelan had in fact, been trying to sell the Latics and the Stadium for a couple of years or so before the sale to the chinese company.


We can only hope that the administrator sells the Stadium as a seperate sale and it is bought by a company like in Huddersfield and Hull who will charge the same rent for both clubs and also change the the name of the Stadium to that of their company.

Pie_Eyter wrote:There is an elephant in the room though.

Somebody has to invest 25m knowing that they will never see it again.

Jukesays wrote:I didnt put THAT MUCH on them going down, not by my standards anyway

100% Warrior wrote:It’s utterly scandalous and smacks of corruption. Paul Kendrick says the club has money in the bank and the administrator Krasner (?) says it’s the strangest situation he’s ever been in given usually a club in administration has nothing or very little left.

It looks to me like the owners put the bet on to get themselves out of the mire, saw that Wigan were mounting their usual fight back and would likely stay up and chose to go into administration to manipulate the 12pt deduction to suit themselves.