I remember that , but like you I can't find anything which states he has actually done it.

Unfortunately I don't know the details. But I would be surprised and dissapointed if a financial contract entered into by one party can be directly adversely affected by the playing performance of another completely seperate organisation. That would be an unusual way of doing business.

If what I am saying is tripe, kindly humour me and explain why you think that it would be bad for us if Latics went down.

As posted previously

"Contracts have duration's so what happens if at the end of the contract Latics are struggling in the Championship or League 1 with low revenue? The simple answer would be to charge us more for rent, it's a basic concept really."

I'd love to know why some people think Latics getting relegated will somehow make it easier for Lenagan to buy the ground? Never mind what is in it for Wigan RL to spend £x millions to buy it in the first place.

This owning an asset must be better than renting/leasing is Daily Star economics in it's most basic form.

Have any of you thought that if Latics do own the ground and in the course of time they do go bust, then the ground will be owned by the Recievers and you'll get locked out.

You can always dream.

Seeing as the ground won't be owned by the receivers, I suggest I may have just stopped a wet dream tonight.

I'm not dreaming. It's happened before. All I'm saying is that people on here shouldn't be wishing the Latics would go down the pan. I would hate to see it happen. Unlike some others (especially some on here) I really want to see every club in SL in a healthy state.

It is a cracking heading for a thread though.

I take it you're assuming that the football club own the ground, rather than the stadium company, which I don't think has happened yet.

If it did I'm not sure how the receivers could lock us out, assuming of course that there is a binding agreement for us to use the ground, the receivers would be bound by that.

You do have a point however in that the receivers could sell the ground and if we didn't have a lease then a purchaser would buy it free from the rugby club's rights under the agreement to use the ground.

Having said that though, the receivers job is to realise value. If Latics have been relegated the football club will be relatively worthless, along with the stadium (if you doubt this, bear in mind that Mandaric bought Sheffield Wednesday - a vastly bigger football club, with a 40,000 seat stadium - at the back end of last year for £1 and paid £7m to settle the club's debt to the Bank, that's £7m for a big club and a big stadium).

The only people interested in paying anything substantial for either Latics or the stadium in an insolvency situation would I suspect be IL.

It might even make financial sense at some point in the future for DW or his family to realise some value in the football club by selling the stadium (and possibly the club) to IL, even if it avoids going bust.