Ha ha ha ha ha ha ha

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.

If there still is a football club

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?

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

It canmot be used for redevelopment I know that. Not sure on the rent aspect though.

That is the Leneghan consortium

We've got the lease locked in until 2050 haven't we?

2025 I believe

2025 for definite upto 2050 if we choose I believe, in our favour the extension

Not sure if it mentions the charges or not though (I wouldn't imagine that it does)

We make next to no income from the stadium but we also pay next to nothing. If a new deal could be made to at least take some of more of the income it would be a benefit for the club.

The administrators at Latics have said that the only asset they would be willing to sell at the moment would be Sharpy's. That would make a superb supporters club for the rugby. Already set out as a bar, already has a kitchen. Open it on matchdays both home and away (show the game on the TVs when we are on Sky away from home) and a few times a week to show any other RL Sky such as origin, Internationals, Thursday night games or simply a classic Wigan game. Hold a few events there as well and you're on to a real winner.

Just don't let the Riversiders reserve all the tables and interview any players