FORUMS > Wigan Warriors > DW Stadium given to Latics |
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| Quote: Father Ted "My thoughts are that Rock FM have got it wrong!'"
Nope they had it spot on!!
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| you probably have more chance of going bust than us.
the money in football now is shocking because if we do get relegated that parachute payment comes into place.
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| Quote: carterlatics "you probably have more chance of going bust than us.
the money in football now is shocking because if we do get relegated that parachute payment comes into place.'"
The parachute payment is a drop in the ocean to a lot of clubs and the phenomenal debt they are in... (See Leeds). It will be interesting to see how Newcastle Utd cope with their parachute payment.
The clubs have to stay viable. Latics getting relegated would finish the club imho.
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| The reason I thought Rock FM had got it wrong was that the idea of Whelan giving something when he could get money for it seemed perhaps not in character. Obviously he is giving it over to the Latics.
Although we have a lease for (as I understand it) 25 years + 25 there surely must be some variables which come up for re-negotiation during that period.
The Latics owe zillions and Whelan has said he intends making them debt free. Their turnover this year must be in the region of £80m and that's the difference now between premiership soccer and the rest.
The Boston stand will probably be the North Stand where the away fans go. That way it won't affect 'tics fans who said they wouldn't sit in any stand named after a Rugby player.
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| Quote: carterlatics "you probably have more chance of going bust than us.
the money in football now is shocking because if we do get relegated that parachute payment comes into place.'"
Well if Whelan remains in charge I really can't see you going bankrupt. He's reluctant to really delve in to his fortune unless the fans start showing up on a weekly basis.
With regards to us going bankrupt, that's really not an option with the salary cap in place. It's impossible for us to spend anywhere near our total income on staff wages.
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| Quote: Father Ted "The reason I thought Rock FM had got it wrong was that the idea of Whelan giving something when he could get money for it seemed perhaps not in character. Obviously he is giving it over to the Latics.
Although we have a lease for (as I understand it) 25 years + 25 there surely must be some variables which come up for re-negotiation during that period.
The Latics owe zillions and Whelan has said he intends making them debt free. Their turnover this year must be in the region of £80m and that's the difference now between premiership soccer and the rest.
The Boston stand will probably be the North Stand where the away fans go. That way it won't affect 'tics fans who said they wouldn't sit in any stand named after a Rugby player.'"
I'm also feeling like I won't sit in a stadium owned by the Latics...
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| Quote: Memony "Didn't he say some time back that he would be leaving the stadium to the people of wigan, as such the clubs would own a share apiece.
Disgraceful about turn in my mind. '"
He did say that yes.
Dave
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| Quote: carterlatics "you probably have more chance of going bust than us.
the money in football now is shocking because if we do get relegated that parachute payment comes into place.'"
I'm a Latics fans aswell as the Rugby and really do worry what will happen to the football club when Whelan moves on.
If you look at Blackburn after Walker died they went from being a big spending club to possibly the poorest club in the prem and got relegated not long after. Jack Walker left them some money but even that was only a drop in the ocean and Whelan isn't as rich as Walker was.
Even with the Sky payout every year Latics are still losing fortunes yet they can manage these whilst they are in the prem and have Whelan as a safeguard.
If both of those ever get taken away then it's going to be a struggle.
No wonder he's been scouring the globe for a rich buyer.
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| Quote: carterlatics "you probably have more chance of going bust than us.
the money in football now is shocking because if we do get relegated that parachute payment comes into place.'"
That parachute payment will disappear in no time, and well you know it. The money in football is all at the top, and may soon be largely concentrated in a European super competition. But you won't go bust. Whelan wouldn't allow that. As for us - we aren't allowed to spend our money. So there's no chance of us disappearing.
Looks like we're both in it together for the long haul.
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| Quote: Father Ted "The reason I thought Rock FM had got it wrong was that the idea of Whelan giving something when he could get money for it seemed perhaps not in character. Obviously he is giving it over to the Latics.
Although we have a lease for (as I understand it) 25 years + 25 there surely must be some variables which come up for re-negotiation during that period.
The Latics owe zillions and Whelan has said he intends making them debt free. Their turnover this year must be in the region of £80m and that's the difference now between premiership soccer and the rest.
The Boston stand will probably be the North Stand where the away fans go. That way it won't affect 'tics fans who said they wouldn't sit in any stand named after a Rugby player.'"
I will be seriously annoyed if it's the North stand. I would like it to be the east 1. because I sit there so I am biased and 2. because it would annoy the latics fans the most but I think it should be the west because correct me if I am wrong but isn't that where Billy sits.
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| Quote: odemwingie "I will be seriously annoyed if it's the North stand. I would like it to be the east 1. because I sit there so I am biased and 2. because it would annoy the latics fans the most
It'll be the North stand without doubt imo.
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| Could it be that he's given the ground to the football club because he is going to sell his shares in Latics? That would make the share value of Latics increase dramatically.
Wouldn't put it past him he's a slippy bugger.
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| Surely once the football club own the ground they can rename the stands if they want to? If enough football fans bend their ear about it I doubt it'll stay the Boston stand for long.
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| Quote: Harry Pinner "Surely once the football club own the ground they can rename the stands if they want to? If enough football fans bend their ear about it I doubt it'll stay the Boston stand for long.'"
Depends on the contract handing over the stadium officially to the football club.
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| Quote: Harry Pinner "Surely once the football club own the ground they can rename the stands if they want to? If enough football fans bend their ear about it I doubt it'll stay the Boston stand for long.'"
£10 says they call one of them the Sean Long stand!
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