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Rank | Posts | Team |
International Star | 4470 | |
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Jan 2013 | 12 years | |
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Oct 2024 | Oct 2024 | LINK |
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| Quote: "I didnt put THAT MUCH on them going down, not by my standards anyway
Covering the losses of last season?
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Rank | Posts | Team |
Club Captain | 571 | No Team Selected |
Joined | Service | Reputation |
Jan 2018 | 7 years | |
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Aug 2024 | Nov 2021 | LINK |
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| Quote: "What, when it took weeks for a bigger club like Bolton Wanderers to find a buyer, even with having a better, bigger and dearer Stadium than the Latics with a hotel, exhibition hall and large shop. Whelan had in fact, been trying to sell the Latics and the Stadium for a couple of years or so before the sale to the chinese company.
We can only hope that the administrator sells the Stadium as a seperate sale and it is bought by a company like in Huddersfield and Hull who will charge the same rent for both clubs and also change the the name of the Stadium to that of their company.'"
I am told the 2 situations are very different.
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Rank | Posts | Team |
Club Captain | 571 | No Team Selected |
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Jan 2018 | 7 years | |
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Aug 2024 | Nov 2021 | LINK |
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| Quote: "There is an elephant in the room though.
Somebody has to invest 25m knowing that they will never see it again.'"
Unless they sell christopher park for houses once they have bought the club?
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Rank | Posts | Team |
Club Captain | 571 | No Team Selected |
Joined | Service | Reputation |
Jan 2018 | 7 years | |
Online | Last Post | Last Page |
Aug 2024 | Nov 2021 | LINK |
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| Quote: "I didnt put THAT MUCH on them going down, not by my standards anyway
I got 12/1 2 weeks ago. Wish i had more than a tenner on now.
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Rank | Posts | Team |
Club Captain | 571 | No Team Selected |
Joined | Service | Reputation |
Jan 2018 | 7 years | |
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Aug 2024 | Nov 2021 | LINK |
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| Quote: "It’s utterly scandalous and smacks of corruption. Paul Kendrick says the club has money in the bank and the administrator Krasner (?) says it’s the strangest situation he’s ever been in given usually a club in administration has nothing or very little left.
It looks to me like the owners put the bet on to get themselves out of the mire, saw that Wigan were mounting their usual fight back and would likely stay up and chose to go into administration to manipulate the 12pt deduction to suit themselves.'"
Not sure how much they have allegedly put on but it can’t be that much as they regulate bets placed for irregularities, so if they put 200k on them to be relegated at 12/1 then lights start flashing. What i will say is that last week they were removed from the relegation betting but i presumed it was because it wasn’t possible but maybe it wasn’t??
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Rank | Posts | Team |
Club Coach | 7439 | No Team Selected |
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Feb 2005 | 20 years | |
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Oct 2024 | Oct 2024 | LINK |
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| Quote: "Not sure how much they have allegedly put on but it can’t be that much as they regulate bets placed for irregularities, so if they put 200k on them to be relegated at 12/1 then lights start flashing. What i will say is that last week they were removed from the relegation betting but i presumed it was because it wasn’t possible but maybe it wasn’t??'"
It’s a Phillipino betting company as opposed to a UK regulated one. Admittedly I’m not too well up on their betting regulations but I can’t imagine they’re as stringent as UK. Furthermore the supposed owner is a casino owner and is known (allegedly) to enjoy a flutter.
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Rank | Posts | Team |
International Star | 4470 | |
Joined | Service | Reputation |
Jan 2013 | 12 years | |
Online | Last Post | Last Page |
Oct 2024 | Oct 2024 | LINK |
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| Enjoy a flutter? He's on the poker circuit.
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Rank | Posts | Team |
Club Captain | 896 | No Team Selected |
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Aug 2019 | 5 years | |
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Sep 2023 | Sep 2023 | LINK |
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| Quote: "Unless they sell christopher park for houses once they have bought the club?'"
Thats what i thought these owners were going to do. I had no doubt they weren't interested in football. Just the assets. Christopher park, Euxton golf course, stadium for concerts. There must be a reason they didn't go down that route. It's a cash cow, or seems to be.
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Rank | Posts | Team |
International Chairman | 1470 | |
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Dec 2001 | 23 years | |
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Jan 1970 | Jun 2022 | LINK |
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| Quote: "I am told the 2 situations are very different.'"
In what way by whom?
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Rank | Posts | Team |
International Star | 4470 | |
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Jan 2013 | 12 years | |
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Oct 2024 | Oct 2024 | LINK |
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| Quote: "In what way?'"
Bolton and Bury were riddled with debt and had no assets.
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Rank | Posts | Team |
International Chairman | 1470 | |
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Dec 2001 | 23 years | |
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Jan 1970 | Jun 2022 | LINK |
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| Quote: "Thats what i thought these owners were going to do. I had no doubt they weren't interested in football. Just the assets. Christopher park, Euxton golf course, stadium for concerts. There must be a reason they didn't go down that route. It's a cash cow, or seems to be.'"
From what I have always understood, Christopher Park has a covenant which says it always has to be used for sport and the Golf Course/Restaurant at Euxton was sold by Whelan.
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Rank | Posts | Team |
International Chairman | 1470 | |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 1970 | Jun 2022 | LINK |
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| Quote: "Thats what i thought these owners were going to do. I had no doubt they weren't interested in football. Just the assets. Christopher park, Euxton golf course, stadium for concerts. There must be a reason they didn't go down that route. It's a cash cow, or seems to be.'"
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Rank | Posts | Team |
International Chairman | 1470 | |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 1970 | Jun 2022 | LINK |
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| Quote: "Thats what i thought these owners were going to do. I had no doubt they weren't interested in football. Just the assets. Christopher park, Euxton golf course, stadium for concerts. There must be a reason they didn't go down that route. It's a cash cow, or seems to be.'"
From what I understand, Christopher Park has a covenant which says it always has to be used for sport and the Golf Course/Restaurant at Euxton was sold by Whelan a while ago.
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Rank | Posts | Team |
International Chairman | 1470 | |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 1970 | Jun 2022 | LINK |
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| Quote: "Bolton and Bury were riddled with debt and had no assets.'"
And the Latic's were not?
Businesses go into administration when they go into debt ie. when they are spending more than they taking in.
Whelan sold the club because of the way he saw it going downhill financially with falling attendances.
He did the same with JJB Sports when that that went downhill after being out muscled by JD Sports.
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Rank | Posts | Team |
International Star | 4470 | |
Joined | Service | Reputation |
Jan 2013 | 12 years | |
Online | Last Post | Last Page |
Oct 2024 | Oct 2024 | LINK |
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| Quote: "And the Latic's were not?
Businesses go into administration when they go into debt ie. when they are spending more than they taking in.'"
Or when the owners want to sell/close down the business.
Latics lose money yes as does every football club but up until now they have never failed to pay their staff, players, bills etc. They have money in the bank and are asset rich (2 training grounds, a stadium, an academy)
They have been screwed over by their owner who has decided he isn't bothered anymore.
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