| FORUMS > Wigan Warriors > Whelan to pull out |
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| Quote: Conroy "Strange on this seeing as he had previously said he didn't want his family to be involved and that is why he was selling up.'"
No interested buyers? Times running out and he'd rather spend more time on a Barbados beach (who'd blame him), what else can he do? |
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| Club Owner | 12006 | No
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| Jul 2003 | 21 years | |
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| Mar 2019 | Oct 2014 | LINK |
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| Quote: MattyB "No interested buyers? Times running out and he'd rather spend more time on a Barbados beach (who'd blame him), what else can he do?'"
I told him I'd buy it for a quid but he didn't seem interested. |
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| Player Coach | 18736 | No
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| Jan 2006 | 19 years | |
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| Quote: Conroy "I told him I'd buy it for a quid but he didn't seem interested.'"
You should have met him half-way and offered £1.50. |
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| International Star | 1 | No
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| Oct 2011 | 13 years | |
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Nothing will change at Latics or for us.
Whelan didn't want to burden his family with the club as it was losing millions per season, but due to changes over the last couple of years it is now on the verge of breaking even and it's debt took off the balance sheet with a share issue. This of course means the team is not as strong but then again they're not the only local team finding it increasingly difficult to stay up, the only question is how long it will take the rest of the league to give up on the hope of challenging United or City, or even the honour of playing teams few have heard of in the Europa League.
This guy is only in his early twenties and runs Vizwear, or someone probably helps him as would happen at the football club. This is good news for both clubs IMO if both can continue as successful businesses at a relatively high level in their respective sports everyone wins. Only Wigan people care about Wigan clubs and that goes for the owners too, we've seen how even the history of Livepool and United is treated with disregard by US owners so what would they care about our clubs.
This is the source of the story.
www.fcbusiness.co.uk/eversion/is ... index.html |
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Nothing will change at Latics or for us.
Whelan didn't want to burden his family with the club as it was losing millions per season, but due to changes over the last couple of years it is now on the verge of breaking even and it's debt took off the balance sheet with a share issue. This of course means the team is not as strong but then again they're not the only local team finding it increasingly difficult to stay up, the only question is how long it will take the rest of the league to give up on the hope of challenging United or City, or even the honour of playing teams few have heard of in the Europa League.
This guy is only in his early twenties and runs Vizwear, or someone probably helps him as would happen at the football club. This is good news for both clubs IMO if both can continue as successful businesses at a relatively high level in their respective sports everyone wins. Only Wigan people care about Wigan clubs and that goes for the owners too, we've seen how even the history of Livepool and United is treated with disregard by US owners so what would they care about our clubs.
This is the source of the story.
www.fcbusiness.co.uk/eversion/is ... index.html | |
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| Club Coach | 5226 | No
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| Feb 2005 | 20 years | |
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| Quote: stillinthepast "In todays Sunday Express Dave Whelan revealed that he intends to step down from Wigan Athletic and hand control to his 21 year old grandson.
He goes on to say it will be officially announced tomorrow in the latest issue of the FC Buisiness Magazine (trade mouthpiece for the football industry)
He also says that his grandson is bright boy and massively keen on soccer,Whelan then says that he may step down as early as the end of the present soccer season.
What effect do Wigan fans think his decision to step down will have on the Warriors?.'"
no effect
but hes a hypocrite
in a sky sports interview 2 years ago he said he was looking for a buyer, as he didnt want his family inheriting his debt..ie shatics |
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| Player Coach | 13938 | |
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| Dec 2006 | 18 years | |
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| Quote: RLForever88 "Nothing will change at Latics or for us.
Whelan didn't want to burden his family with the club as it was losing millions per season, but due to changes over the last couple of years it is now on the verge of breaking even and it's debt took off the balance sheet with a share issue. This of course means the team is not as strong but then again they're not the only local team finding it increasingly difficult to stay up, the only question is how long it will take the rest of the league to give up on the hope of challenging United or City, or even the honour of playing teams few have heard of in the Europa League.
This guy is only in his early twenties and runs Vizwear, or someone probably helps him as would happen at the football club. This is good news for both clubs IMO if both can continue as successful businesses at a relatively high level in their respective sports everyone wins. Only Wigan people care about Wigan clubs and that goes for the owners too, we've seen how even the history of Livepool and United is treated with disregard by US owners so what would they care about our clubs.
This is the source of the story.
Thanks for that. A very interesting read.
The Tics' have the highest dependency on TV rights - a staggering 88% of their revenue is made up from it  and they have the smallest commercial income in the Premier League at £1.5m.
This all says to me that they've had their impressive, but ultimately meager swansong in the Premier League however they are a club that belongs in the lower divisions. It's time for that inevitability to come to fruition.
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| Quote: wigan pie man "no effect
but hes a hypocrite
in a sky sports interview 2 years ago he said he was looking for a buyer, as he didnt want his family inheriting his debt..ie shatics'"
He's paid the debt off though. If there's no one interested in buying it, he's got no choice but to give it to family. |
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who cares...
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When Latics go down a couple of divisions (cant happen soon enough), and we are the major money earners at the DW, we'll soon see who needs who.
They will then be ripe for a buyout. IL should then buy the club like whelan 'bought' Orrell RUFC, sell their training field for houses, then kick them out of their own ground and let them disappear like whelan did with orrell.
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| International Board Member | 4957 | No
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| Jan 2003 | 22 years | |
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| Quote: Catalancs "You should have met him half-way and offered £1.50.'"
No chance, Conroy only shops in 'Poundland', £1 is maximum outlay for anything !!!! 
p.s. IMO £1 is a reasonable offer. |
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| Club Coach | 5226 | No
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| Feb 2005 | 20 years | |
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| Quote: Pemps "He's paid the debt off though. If there's no one interested in buying it, he's got no choice but to give it to family.'"
yes, i know that....but the clubs running at a massive loss all the time, which will get worse if/when they get relegated.
so by giving it to family, hes going to incur debts on them.....which makes him an hypocrite imo |
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| International Chairman | 27757 | No
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Typical Dave Whelan this isn't it? He doesn't want to be remembered as taking Ath back down into the championship should he's going to lump the blame and horror onto his grandson to live with.
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| International Star | 3368 | No
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| Jul 2011 | 13 years | |
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| Quote: McClennan "Typical Dave Whelan this isn't it? He doesn't want to be remembered as taking Ath back down into the championship should he's going to lump the blame and horror onto his grandson to live with.'"
yeah it is him i dont think he can see a way out of this mess. i am sure he would of thought latics would have had alot higher attendence than they have at the moment.
does anybody know what latics financial figures where before they was in the prem? when they do get relegated the fan base will dwindle even further. so where does that leave the dw? would they have enough to run the stadium costs? wigan warriors shouldn't keep them afloat with the stadium money. |
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| Moderator | 14324 | |
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| Dec 2001 | 23 years | |
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Moderator
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| Quote: dubairl "yeah it is him i dont think he can see a way out of this mess. i am sure he would of thought latics would have had alot higher attendence than they have at the moment.
does anybody know what latics financial figures where before they was in the prem? when they do get relegated the fan base will dwindle even further. so where does that leave the dw? would they have enough to run the stadium costs? wigan warriors shouldn't keep them afloat with the stadium money.'"
They get £48m over 4 years in parachute payments should they be relegated, given our turnover is just over £5m a year I don't think they'll be relying on us too much. |
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| Player Coach | 2174 | No
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| Nov 2006 | 18 years | |
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| Quote: Wigan28/Leeds18 Andy "They get £48m over 4 years in parachute payments should they be relegated, given our turnover is just over £5m a year I don't think they'll be relying on us too much.'"
Lets just hope theyve managed to negotiate the players contracts so that the £48M isnt wiped away in wages, as on last hearing (in 200icon_cool.gif they were spending £20.6M a year on wages alone. At that rate £48M over 4 years aint going to go far. |
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