FORUMS > Wigan Warriors > DW Stadium given to Latics |
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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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| Quote: ABP' "This is where I think Wigan would beneift from having a Leagues club/museum type place. A building with Wigan RL and Wigan supporters in mind. The club is big enough to afford, finance and attract people to such a place...More importantly, we deserve our own dedicated place space just for Wigan Rugby League.'"
Yep, it does.
Fitness first next to the stadium is ideal - but again, its another thing IL went quiet about.
Kudos is a no go given the amount the landlords want for the space, there is still a company paying rent on it, so they have no reason to do anything with it.
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With regards the stadium, absolutely nothing has changed, as long as the RL & FC boards get along, nothing will be an issue or change. It certainly isnt worth a massive overreaction.
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| For me the ideal spot would be the old Chapelhouse car showroom near Seven Stars
1 its on a busy artery to Wigan ,buses pass it every day and is in walking distance from Wigan.In a prominent position not far from the stadium.
2 the building is deceptive from the front it looks nothing but there is another building at the back that used to be the workshop,
3 The builing is tall and could easily accomadate a mezzinine floor doubling its capacity making it ample room for a club shop ,museum ,meeting place .bar etc .
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| Surely if Dave Whelan wanted to give the stadium to the people of Wigan he would put it in a trust with ownership split one third rugby, one third football one third wigan council.
By seceeding ownership entirely to the football club, then Wigan RL now find themselves in potentially a very weak position.
We have already seen issues whereby the club has to move fixtures to suit the soccer team.
I think International RL may soon be off the menu at the DW stadium as it would interfere with the pitch during the premiership season.
From a financial point of view Wigan RL are now confirmed as asset poor. Without assets, the club will find it harder to raise capital from banks, to finance the business.
Wigan fans should also be concerned at the potential to vary the terms of the lease agreement.
Wigan Athletic could in theory demand revised terms of the lease. Especially if the current lease is below commercial rates.
Such a scenario would impact on the RLs income streams.
Purely from the psychological point of view, its damaging for the prestige of Wigan RL club. Imagine turning up at a ground where everything is in the colours of Wigan athletic. Where there is little to no mention of the RL club. Where the only pictures in the stadium are of football players and teams.
This loss of prestige will also impact on Wigans ability in future to attract and retain high quality players. For example who wants to play for a club were you cant train on the pitch. Where the only time you are allowed at the stadium is on match day. Where fixtures are at the whim of the soccer club, meaning that you may have to play 4 away matches in a row. Where cup games may have to be played at a neutral venue.
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| Quote: The Chair Maker "From a financial point of view Wigan RL are now confirmed as asset poor. Without assets, the club will find it harder to raise capital from banks, to finance the business.
'"
We own a stadium in Orrell.
That's a pretty big asset?
No less than most Super League clubs in fact.
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| Quote: The Chair Maker "Wigan fans should also be concerned at the potential to vary the terms of the lease agreement.
Wigan Athletic could in theory demand revised terms of the lease. Especially if the current lease is below commercial rates.
Such a scenario would impact on the RLs income streams.'"
Thats the key for me - it would be interesting to read the lease the Warriors have - rent reviews, break clauses etc.
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| Quote: The Chair Maker "From a financial point of view Wigan RL are now confirmed as asset poor.'"
I know Stains is a bit behind the times but you do realise Central Park was sold in the 90s don't you?
Quote: The Chair Maker "Without assets, the club will find it harder to raise capital from banks, to finance the business.'"
What would they need to borrow money for?
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| Personally I agree with what several others have said about this.
It doesn't alter the situation with regard to preferential treatment over use of the stadium. Where any clash occurs Latics will always get the nod as long as they are in the premiership as it simply brings in more money for the stadium owners no matter who they are.
In the long run Latics will at some point be relegated from the premiership as they despite Whelan wishing it otherwise are not held in high regard in football. They will not attract another rich owner as they are not a big name and are surrounded by clubs that are a much better prospect for prolonged success than they are due to their comparitively poor fan base even against some football league clubs.
Relegation when it comes will spell the end of Latics in the top flight as many of the people that now watch them will stop going and crowds will drop to the 7000 and lower levels that they had when in the championship. This will not allow them to build and retain a squad that could get them back up. They can't hold on to players now after five top flight seasons and with Whelan holding the purse. When this does happen then they will be more in need of the income from Wigan RLFC (which will likely be equal to or better than their own) and so will be more willing to compromise on fixture clashes.
Also with a third party owner such as a private company or council there is always the danger of them selling the site under the tenants noses and leaving them homeless if needing the cash. At least with either of the clubs owning the stadium they are unlikely to boot themselves out to build houses so aslong as relations are good you have somewhere to play. Lets face it Edge Hall Road isn't up to standard.
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| Quote: jaws1 "For me the ideal spot would be the old Chapelhouse car showroom near Seven Stars
1 its on a busy artery to Wigan ,buses pass it every day and is in walking distance from Wigan.In a prominent position not far from the stadium.
2 the building is deceptive from the front it looks nothing but there is another building at the back that used to be the workshop,
3 The builing is tall and could easily accomadate a mezzinine floor doubling its capacity making it ample room for a club shop ,museum ,meeting place .bar etc .'"
One problem
The asking price is nearly a million quid.
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| Quote: The Chair Maker "
From a financial point of view Wigan RL are now confirmed as asset poor. Without assets, the club will find it harder to raise capital from banks, to finance the business.'"
I think several acres of land in the desirable area of Orrell is hardly 'asset poor' is it?
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