FORUMS > Wigan Warriors > Latics in administration - Lenagan leading bid |
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| Quote: Egg Chasing "Apparently not'"
Only one to go public, another publicity stunt then.
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| Even after the day that club has had, reading through cockney latic and their fans are still bagging IL and saying they would never go again if he bought them. Unreal. I hope he doesn't buy them, have it your way and see where you end up. Don't let the door hit you on the way out..................oh.... and GET OFF OUR PITCH!!
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Player Coach | 15781 | |
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Jun 2005 | 19 years | |
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16032_1698179828.jpg "[color=#800080:2tf4iz4f]BOHICA[/color:2tf4iz4f]":d7dc4b20b2c2dd7b76ac6eac29d5604e_16032.jpg |
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| Heard on the grapevine and the Ainscough family are in the bidding
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| Quote: Pie_Eyter "Even after the day that club has had, reading through cockney latic and their fans are still bagging IL and saying they would never go again if he bought them. Unreal. I hope he doesn't buy them, have it your way and see where you end up. Don't let the door hit you on the way out..................oh.... and GET OFF OUR PITCH!!
Bullitt & Bickymon off there are two of the biggest knuckle dragging neanderthals with enough chips on their shoulders to supply McDonalds for a year. The fact that they would rather abandon "their" club than see it under IL's ownership shows what type of folk they are.
I feel sorry for the true latics fans who right now just want to see their football club playing next month, regardless of who the opposition are. I feel nothing for the knuckledraggers mentioned above, who would be dancing on our grave right now if it were the Warriors who had gone bust.
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Rank | Posts | Team |
International Star | 4469 | |
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Jan 2013 | 12 years | |
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| Quote: Pie_Eyter "GET OFF OUR PITCH!!
We might not have a pitch soon. If IFL can't buy the stadium then someone has to.......
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Club Coach | 2097 | No Team Selected |
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Feb 2005 | 20 years | |
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| I think Orrell rufc will be next ground of wigan rl and the latics
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Club Captain | 571 | No Team Selected |
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Jan 2018 | 7 years | |
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| Quote: MR FRISK "I think Orrell rufc will be next ground of wigan rl and the latics'"
Ha ha ha ha ha ha ha
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Rank | Posts | Team |
International Star | 690 | |
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Aug 2013 | 11 years | |
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| Quote: Egg Chasing "We might not have a pitch soon. If IFL can't buy the stadium then someone has to.......'"
The council would end up buying the remaining 85% for a knock-down price if it came to it.. Even though there are upkeep costs, having 40 sporting fixtures there a year, plus anything else that it can be hawked out for could make it pay for itself. Plus, there is no way on earth they'd allow two sporting teams in Wigan to become homeless.
The sticking point is at the moment it comes along with a loss-making football club who are about to lose most of their saleable assets, still have massive outgoings and have no income stream for the next 6 months.
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International Star | 4469 | |
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Jan 2013 | 12 years | |
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| If there still is a football club
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Sep 2002 | 22 years | |
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| Quote: muttywhitedog "The council would end up buying the remaining 85% for a knock-down price if it came to it.. Even though there are upkeep costs, having 40 sporting fixtures there a year, plus anything else that it can be hawked out for could make it pay for itself. Plus, there is no way on earth they'd allow two sporting teams in Wigan to become homeless.
The sticking point is at the moment it comes along with a loss-making football club who are about to lose most of their saleable assets, still have massive outgoings and have no income stream for the next 6 months.'"
From what I can see in the accounts the stadium Management company has debts of >£5m to the football club and previous owners.
The Administrator will have a duty to realise assets to repay creditors. I amagine there are restrictive covenants around use of the land on which the stadium is built which could render it pretty worthless for redevelopment.
The assets could be sold to a party that charges rent large enough to make it breakeven which could be bad news for the Warriors. Does anyone know whether the lease the Warriors has provides for periodic rent reviews?
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icons15f0_files/3441-1022jacare-msnicons.jpg :icons15f0_files/3441-1022jacare-msnicons.jpg |
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| Quote: [Gareth] ""Heard on the grapevine and the Ainscough family are in the bidding'"
I'm far from being a Latics fan but I hope that they are as this could be a stabling factor for us.
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Rank | Posts | Team |
Player Coach | 15781 | |
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Jun 2005 | 19 years | |
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16032_1698179828.jpg "[color=#800080:2tf4iz4f]BOHICA[/color:2tf4iz4f]":d7dc4b20b2c2dd7b76ac6eac29d5604e_16032.jpg |
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| Quote: Itchy Arsenal "I'm far from being a Latics fan but I hope that they are as this could be a stabling factor for us.'"
Comes from someone with connection to the FA. It could be bull but would make sense in a way
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Rank | Posts | Team |
International Star | 4469 | |
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Jan 2013 | 12 years | |
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| Quote: FearTheVee "From what I can see in the accounts the stadium Management company has debts of >£5m to the football club and previous owners.
The Administrator will have a duty to realise assets to repay creditors. I amagine there are restrictive covenants around use of the land on which the stadium is built which could render it pretty worthless for redevelopment.
The assets could be sold to a party that charges rent large enough to make it breakeven which could be bad news for the Warriors. Does anyone know whether the lease the Warriors has provides for periodic rent reviews?'"
It canmot be used for redevelopment I know that. Not sure on the rent aspect though.
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Rank | Posts | Team |
Club Coach | 6308 | |
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Nov 2004 | 20 years | |
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Aug 2024 | Aug 2024 | LINK |
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10873_1262551258.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_10873.jpg |
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| Quote: Itchy Arsenal "I'm far from being a Latics fan but I hope that they are as this could be a stabling factor for us.'"
That is the Leneghan consortium
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Rank | Posts | Team |
Player Coach | 2768 | No Team Selected |
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23350_1468449137.jpg [quote="roger daly":1a7cbd66]Oh dear, I believe you would be classed as s[sic] typical Wigan fan[/quote:1a7cbd66]
[quote="wrencat1873":1a7cbd66]It's the mighty Wigan, they can do whatever they want.[/quote:1a7cbd66]
[quote="Big lads mate":1a7cbd66]you arrogant pot prick[/quote:1a7cbd66]
[quote="Tricky2309":1a7cbd66]Look prick do one[/quote:1a7cbd66]
[quote="Willzay":1a7cbd66]you cocky pie eating c*nt.[/quote:1a7cbd66]:d7dc4b20b2c2dd7b76ac6eac29d5604e_23350.jpg |
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| Quote: Egg Chasing "It canmot be used for redevelopment I know that. Not sure on the rent aspect though.'"
We've got the lease locked in until 2050 haven't we?
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