I refer the honourable gentleman to Wigan/Leeds Andy's Reply earlier

Wrong

so they put both companies in admin, strange that as we wanted to buy 1 I imagine and not the other but never came off

There's actually five companies in administration, three of which relate to Whelan's ownership of the club, stadium and other facilities (the two I mention above and this [urlhttps://find-and-update.company-information.service.gov.uk/company/03477413[/url which is another operation of sports facilities). The other two were set-up by the previous owner(s) relating to various other activities - one might be the chippy.

wow thats a proper mess

Yes, lenegan attempted to buy the stadium company only
Up until the announcement last week ago re the Spanish buyers he was still very involved in trying obtain the stadium only.
That doesnt mean he wasnt interested as such in Latics, but the preferrable option was for someone else to pick them up and become tenants of the stadium company.
The stadium company being owned by leneghan, and Wigan rlfc also being owned by leneghan, but they would be speerate companies.

Yip

To further show what exactly has been sold by the Administrator, since the 4th of October the new Spanish owner of the Latics has registered the club at Companies House under a new company name of AFC Wigan Athletic Limited with no separate company registered as owning the Stadium. The companies of Wigan Athletic FC Limited and Wigan Athletic Holdings Limited which went into administration are still registered as being still owned by the Chinese.

It therefore would appear that the Stadium is now part of one company sold by the administrator to the new Spanish owner.

The Wigan RL lease will have been acquired by the new company who, in turn, can't just change the terms of it. So this looks like the status quo continues.

The spanish don't own anything yet as the deal has yet to be approved. When it has been they will own the football club and the stadium. How they choose to register them is their own decision.

The companies in administration that currently own these will be liquidated so the lease for both clubs to play at the stadium will no longer exist.

They aren't being liquidated. All the terms and agreements will be absorbed by the new company surely? The stadium was transferred into a new company under Dave Whelan and nothing could be changed then.

Two totally different scenarios. If that was the case there would be no need for AFC Wigan Athletic or Rangers 2002 (or whatever the year is) or many other examples.

It is not the companies being sold but the assets of those companies. One is a football club and the other is a stadium.

Does this mean that the council have lost their part of the stadium then. They can't own anything if it's liquidated no matter who they are.

Potentially. Or they may have already put their 15% in at the start and only an 85% stake in the stadium was for sale. We won't know that till it's signed and sealed, but if they have lost it then our situation is slightly more worrying as there's nobody there to protect us

So what your saying is that what you were saying up until this point WAS wrong???
What the new owners do in future is entirely up to them, and for reference they haven't officially purchased it yet,

But that doesn't take away from the FACT that it was 2 x separate businesses previously

You can't have a discussion on one subject and then change the goalposts later and claim your right

I try that with the wife all the time, never works.

Wasting your time

I know




And it seems to be getting worse

No it doesn't.

Nothing's been sold yet and when they are, the new owners can set-up as many companies as they want to distribute the assets.

When in a hole don't start digging new holes.

Do you mean like Boris Johnson and his Scientific Advisors are?

A b***** bigger hole than anything I have said!

What's that got to do with the price of fish?

I'm sure you'd be better off bringing up the price of fish issue with Boris & his Brexit consultants than with his scientific advisors

What's that got to do with Latics or the stadium?

I sometimes wonder if I'm living in a parallel universe.