Wigan appeal

Discussion in 'Bulletin Board' started by 55&counting, Jul 23, 2020.

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  1. pompey_red

    pompey_red Well-Known Member

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    we can. We are a championship club. We will still be once this frivolous appeal gets thrown out.
     
    pompey_red, Jul 23, 2020
    #121
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  2. Red

    Red Rain Well-Known Member

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    Is it possible that Wigan could be saved because both Derby and Sheffield Wednesday are fined the maximum 21 points?
     
    Red Rain, Jul 23, 2020
    #122
  3. Cun

    Cunning Stunt Well-Known Member

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    No matter what you think of our owners, if the appeal is successful I'd hate to be up against our lawyers if it'll potentially cost us 8-10 million getting relegated ......
     
    Cunning Stunt, Jul 23, 2020
    #123
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  4. lk3

    lk311 Well-Known Member

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    Just read article which had this as part of it:

    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.

    pretty damning I would have thought.
     
    lk311, Jul 23, 2020
    #124
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  5. Dub-Tyke

    Dub-Tyke Well-Known Member

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    Why? If it worked and they remained a Champ club, they might get more pence in the pound of what they are owed.
     
    Dub-Tyke, Jul 23, 2020
    #125
  6. Bre

    BreweryStander Well-Known Member

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    I thought that in order to get approval to carry on in the EFL there's a requirement that all football debts are repaid in full before the claims of other creditors are tackled.
     
    BreweryStander, Jul 23, 2020
    #126
  7. Cap

    Captain Red Well-Known Member

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    My only worry is why throw 500k at an appeal if they don’t think they have a good case. Should Wigan’s points be overturned I feel the EFL will feel pressured to act up on swfc’s points deduction this season..we’ve got two throws of the dice in my opinion.

    should we still be relegated football is officially f***ed
     
    Captain Red, Jul 23, 2020
    #127
  8. man

    mansfield_red Well-Known Member

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    Surely the administrator's duty to act in the best interests of the creditors will involve obtaining an opinion from the QC on the prospects of success of appeal. Whether it is justifiable to pursue the appeal will then be a question of whether the A < B*C where A is the cost of pursuing the appeal, B is the loss which will result from relegation and C is the percentage chance of the appeal succeeding.
     
    mansfield_red, Jul 23, 2020
    #128
  9. lk3

    lk311 Well-Known Member

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    I would have thought if the appeal was upheld, EFL would have no choice but to appeal, thats when it gets real messy as there is no way it could get heard soon enough for the new season, that leaves them with a either leave as is with Wigan relegated and appeal will be taken care of next season or relegate us until appeal is heard next season.
    either way incredibly messy for obvious reasons.
    In short, there is no way EFL can allow an appeal to be successful as the implications are too grave for them and everyone involved.
     
    lk311, Jul 23, 2020
    #129
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