Wigan - Into Administration

Discussion in 'Bulletin Board' started by Bruce, Jul 1, 2020.

  1. sadbrewer

    sadbrewer Well-Known Member

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    I think it will have the opposite effect, particularly in view of the run of form they're on. Currently they are 8 points above 3rd bottom, if they can pick up four more points than whoever finishes third bottom they will stop up whatever happens.
     
  2. Tykeored

    Tykeored Well-Known Member

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    I would give you two likes for this if I could
     
  3. MexboroughTyke

    MexboroughTyke Well-Known Member

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    Their form may change if they fail to pay players' wages.
     
  4. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Or they could just win 4 and finish on 50 anyway.
     
  5. pompey_red

    pompey_red Well-Known Member

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    people very rarely pay up front for a house though , they mortgage it and pay it off, In the case of buying a player amortisation happens over the period of any contract length.

    dont get me wrong im all for paying up front if you want something, especially to enforce FFP but it just doesn't happen
     
  6. Ses

    Sestren Well-Known Member

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    I wonder if there are any financial institutions that factor player transfers (if that's the word I want), whereby they forward the whole amount to the selling club - minus a hefty fee - and then pick up responsibility for chasing the installments.
     
  7. rin

    ringo Well-Known Member

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    apparently if they finish above the bottom 3, then 12 points deducted this season , if they finish in bottom 3 its 12 points next season
     
  8. DN6

    DN6 Red Well-Known Member

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    12 point deduction on the way to Wigan Athletic.

    If they finish this season outside the drop zone, then the 12 points will be chalked off this season.

    If they finish this season in the bottom three, they will start next season -12
     
  9. andytyke

    andytyke Administrator Staff Member Admin

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    If wigan finished in the Bottom 3 the deduction would be next season as they wouldn’t have been punished. so they start league 1 -12

    if they finish out of the bottom 3 it will apply this season.

    But what if they still don’t get relegated with 12 point deduction - have they been punished :D.

    or if a team higher up the league who can cope with -12 twelve this season goes into admin. Is that a punishment for them?
     
  10. Redhelen

    Redhelen Well-Known Member

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    So it should be automatic relegation rather than a points deduction?
     
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  11. Old Goat

    Old Goat Well-Known Member

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    :)
     
  12. Bak

    Baka Well-Known Member

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    The Price Of Football guy reckons Wigan may appeal the deduction due to force majeure, namely Covid.

    Sorry to piss on anyone's chips.
     
  13. Dar

    Darfield138 Well-Known Member

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    No mate. What happens is that their share in the football league (by far their most valuable asset in truth) is suspended. They will not get it back until the club have settled all football related debts. Hence clubs like Leeds and Portsmouth pay up ex-managers they've sacked obscene amounts of money St John's ambulance and the one woman band who did the balloons at kids parties can go whistle. Hope they and other clubs who've cheated other clubs by overspending to out compete clubs like ours for players get exactly what they deserve.
     
  14. andytyke

    andytyke Administrator Staff Member Admin

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    would help us lol
     
  15. Old Goat

    Old Goat Well-Known Member

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    The seller gets the full amount though. The debt and the risk sits with the mortgage lender. Perhaps there should be a similar "player mortgage lender" of some description?
     
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  16. Gimson&theBarnsleys

    Gimson&theBarnsleys Well-Known Member

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    Then everyone will do it to reduce debt at creditors' expense.
     
  17. lk3

    lk311 Well-Known Member

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    It’s in the league rules a new owner has to buy the debts? Really never knew that
     
  18. Marlon

    Marlon Well-Known Member

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    Think that was one of the hurdles Patrick encountered whilst buying us .
    The collegiate firm of Moyes etc had tied us up in knots with complicated forms of debt it took ages to come out of admin .
     
  19. Terry Nutkins

    Terry Nutkins Well-Known Member

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    Im pretty certain it’s the year in which the admin happened unless the season has already closed
    Crowds of a similar level to us?

    4000 higher at Oakwell.
     
  20. Carlycu5tard

    Carlycu5tard Well-Known Member

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    Lets face it it's me and you - i.e. the taxman in reality that' gets stung here from outstanding tax and NI on players wages, VAT etc..

    I don't think even nat west would get involved in BFC again.

    I'm Shocked that any govt hasn't ruled this "preferential debtors" illegal and the tax man particularly - the rule I would change is that we the taxpayer can go after players for their tax unpaid by the club as the players have special protection - then players as football debtors go after the clubs for their tax bill as well as wages etc.

    I think that really would leave debtors as the balloon lady and St. Johns etc and it wouldn't be worth going into adminstration. At least then the FA would actually have to do something about it.
     
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