EFL Decision

Discussion in 'Bulletin Board' started by RedInBlackrod, Aug 6, 2024.

  1. Mr BFC88

    Mr BFC88 Well-Known Member

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    At a guess, and it is a guess, I dare say that they'd be open to penalties and sanctions at boardroom level? Perhaps the more financially astute on here can clarify?

    For me the Club would be liable if they didn't pay, and the Club would be within their rights to recoup that money from them through other means. Take shares away from them? Like I say, just a guess. Either way, they're losing out.
     
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  2. ley

    leythtyke Well-Known Member

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    Not sure how the club can be liable, if they have been fined as individuals?
     
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  3. Mr BFC88

    Mr BFC88 Well-Known Member

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    Tricky one, but as they were directors of the Club, would the club not be liable if they don't pay it themselves? Again, I've no idea, I'm just speculating, but I'd imagine that as they were working for the Club, then the Club could have to pay it if they don't....like I say, I've no idea.
     
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  4. DSLRed

    DSLRed Well-Known Member

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    My guess is that if they choose to stay outside of UK football then they can't be touched. It's not a criminal court so the EFL have no powers to go after them for it. But they wouldn't get through the door at board level in the future without settling their dues to the EFL.
     
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  5. Archey

    Archey Well-Known Member

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    Predictable, yet nonetheless fantastic news. I'm glad that's finally fine and hopefully it's yet another step closer to being finally free of PMG.
     
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  6. ley

    leythtyke Well-Known Member

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  7. Winker

    Winker Well-Known Member

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    Good news, onwards an upwards, hope they release the money they had hidden for fines under the mattress, for some signings. C,O,Y,R.

    Conman fined 100k, lee 75k respectivly

    The Club will contribute to EFL costs
     
    Last edited: Aug 6, 2024
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  8. lk3

    lk311 Well-Known Member

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    You would also hope that FIFA/UEFA would back the EFL and sanction them accordingly.
     
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  9. lk3

    lk311 Well-Known Member

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    I would imagine the fact they have fined them individually the EFL have accepted they were not acting on behalf of the club or in their interest.
    Declaration of ownership should have been submitted before ownership was accepted as an example.
     
  10. Skinner

    Skinner Well-Known Member

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    Conman and Cheat should be made to give up whatever shares they hold in our club to pay any penalty incurred by us even if it's only court cost contribution
     
  11. Marc

    Marc Administrator Staff Member Admin

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    Glad that's all done and dusted. Hopefully the final stain left by Conway and Lee, and we can now move forward. Wonder what Wigan think? :)
     
  12. Red Mist

    Red Mist Well-Known Member

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    Good,maybe 50 grand slap on the wrist,draw a line under it and move on C'MON YOU REDS.
     
  13. Dan

    DannyWilsonLovechild Well-Known Member

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    Directors and a company are completely different entities. There have been cases where a single director has sued their own company and won.

    And sadly but rightly, you can't just take shares off shareholders, though you can dilute their percentage holding by new share issues.
     
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  14. Gordon Owen

    Gordon Owen Well-Known Member

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    Was just about to post "Wigan will be pissed off"
     
  15. Deafening Silence

    Deafening Silence Well-Known Member

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    They might need to sell their shares to make a quick buck though...
     
  16. Dan

    DannyWilsonLovechild Well-Known Member

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    Given the club have been losing money hand over fist... I'm not sure many bucks, fast or slow, are to be had.
     
  17. MDG

    MDG Well-Known Member

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