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In negociations to buy the stadium and complex which would lead to the purchase of the centurions!!!

Could be very interesting....

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Second home the gym:



Quote: Tipster Ste "In negociations to buy the stadium and complex which would lead to the purchase of the centurions!!!

Could be very interesting....'"

Ste, do you know something we don't? I really hope so.

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Quote: Tipster Ste "In negociations to buy the stadium and complex which would lead to the purchase of the centurions!!!

Could be very interesting....'"


Clutching at straws?

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It wouldn't be massively suprising to find out that a savvy businessman wants to buy both the stadium and club out of administration. From their point of view, it would probably represent a better deal.

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The sticking point is that the club would not go into administration, it would cease to be and any new company would have to submit business plans to the RFL and probably start in Championship One.

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Thats what I heard was the problem with Ainscough taking over.......he wants to buy the stadium as well as the club and Wigan MBC wont/wouldnt sell it.

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Quote: Michael_Ward "It wouldn't be massively suprising to find out that a savvy businessman wants to buy both the stadium and club out of administration. From their point of view, it would probably represent a better deal.'"


Not very savvy. If the said businessman wanted any sort of a return on his investment he would know that the club had to get into SL. If the club went into administration then all chance of it getting to SL would be lost as the RFL would use this against any club wanting to gain a licence.

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22/03/2013 Get LEIGH outta wigan:



Quote: DParky "The sticking point is that the club would not go into administration, it would cease to be and any new company would have to submit business plans to the RFL and probably start in Championship One.'"


Why can't the club go in to admin instead of being liquidated.?

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Quote: THECherry&Whites "Not very savvy. If the said businessman wanted any sort of a return on his investment he would know that the club had to get into SL. If the club went into administration then all chance of it getting to SL would be lost as the RFL would use this against any club wanting to gain a licence.'"

Can you explain what "any sort of return" means for a businessman? Surely the businessman isn't expecting to make money?

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You need assets to go into admin, we don't have any...

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Or that's my non business understanding anyway!

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22/03/2013 Get LEIGH outta wigan:



Quote: DParky "You need assets to go into admin, we don't have any...'"


Wakefield dont have assets did they go into admin or liqudation?.

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Quote: leytherjay "Thats what I heard was the problem with Ainscough taking over.......he wants to buy the stadium as well as the club and Wigan MBC wont/wouldnt sell it.'"


They may sell to another wiganer though icon_wink.gif

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Whelan?

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Quote: j.c "Wakefield dont have assets did they go into admin or liqudation?.'"

They own the ground (I think?) and probably still had players under contract who are deemed as assets if you can get a transfer fee for them.

32 posts in 3 pages 
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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish



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