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Wigan In Administration (Merged)


Lez

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14 minutes ago, Silvio Dante said:

This is apparently getting very interesting.

The allegation is that Wigan’s new owners put a bundle on them to go down. The recent form panicked them, and as such they triggered the admin and points deduction to try and ensure relegation.

As I said before, buying a club at start of June when we were in COVID and putting them into admin now doesn’t seem to suggest admin was caused by the pandemic. There may well be darker forces here..

Yes I saw that too. 

So ludicrous it may just be real. 

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57 minutes ago, Loosey Boy said:

Wouldn’t surprise me if true

If you click on the tweet that The Batman shared, it has all the details of this on there. There is potentially a made up Asian business owner at the heart of all of this.... Lots of what's said makes frightening reading to be honest, and extremely plausible. If true, the EFL needs the biggest shakeup in its history in my view. How many times do fans of various clubs have to suffer at the hands of them for failing to protect them with an actual fit and proper persons test, and corrupt money men trying to bleed the club dry of every pound it's got. 

Shambolic if true. 

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It's unclear how much blame can be attached to the EFL at this stage...I read that thread earlier I think, very interesting stuff.

The Fit and Proper Persons Test. I wrote a little about this the other day and though I can't find an article from a couple of years ago slamming its limitations, this is a bit of it:

Quote

 

So what is the test?

Essentially, the test isn’t so much a ‘test’, but rather a set of conditions which must be met in order for the EFL to deem an individual or business ‘fit and proper’ to run a football club. The EFL’s own website talks about how the test is designed to protect the image and integrity of the EFL, the leagues and the clubs. Anybody who takes over as a director of a football club, or the owner of more than 30% of a club’s shares, has to meet the criteria set. The full details of the EFL’s conditions and criteria is quite lengthy and can be read here. However, in short, the main points are that anyone who has unspent criminal convictions involving dishonesty, or has ran a football club into administration twice (or two separate clubs into administration), is not allowed to run a football club.

 

I'll certainly try and find more detail.

Wasn't Shaun Harvey in a senior role- at Leeds and at Bradford- when they went into admin?? Yet the EFL elevated him to the role of their leader!

https://www.otbfootball.net/the-fit-proper-persons-test-a-football-fallacy/

https://www.efl.com/-more/governance/efl-rules--regulations/appendix-3---owners-and-directors-test/

The EFL's actual regulations in full, listed in the 2nd link.

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16 minutes ago, Mr Popodopolous said:

It's unclear how much blame can be attached to the EFL at this stage...I read that thread earlier I think, very interesting stuff.

The Fit and Proper Persons Test. I wrote a little about this the other day and though I can't find an article from a couple of years ago slamming its limitations, this is a bit of it:

I'll certainly try and find more detail.

Wasn't Shaun Harvey in a senior role- at Leeds and at Bradford- when they went into admin?? Yet the EFL elevated him to the role of their leader!

https://www.otbfootball.net/the-fit-proper-persons-test-a-football-fallacy/

https://www.efl.com/-more/governance/efl-rules--regulations/appendix-3---owners-and-directors-test/

The EFL's actual regulations in full, listed in the 2nd link.

Pop, you just have to look at the recent history of crooks that have passed this pointless test to know it's not worth the paper it's written on. 

The only ones that suffer are the fans. The EFL and the crooked owners just get away with it time and time again. 

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3 minutes ago, Akira said:

Pop, you just have to look at the recent history of crooks that have passed this pointless test to know it's not worth the paper it's written on. 

The only ones that suffer are the fans. The EFL and the crooked owners just get away with it time and time again. 

It's not terribly good you're right.

There are but two ways that it can be changed:

  1. The FA taking or being granted some stiffer powers or thre Government legislating on this, to give clubs the status they deserve as community assets.
  2. Failing that, the club owners voting for some proper strict regulation on this matter- the EFL can't unilaterally impose this here. Sadly. This bit is key- the club owners themselves would need to vote to restrict and further regulate themselves in essence. Turkeys and Christmas spring to mind?

The first article actually shows that some plans for genuine reform by the former chairman- not Harvey- was in the pipeline or was finding favour but he left in September 2018, it fell off the narrative and things just carried on as usual.

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Clubs very much are community assets, christ, you only have to go to places like Leeds, Newcastle, Sheffield, the entire city is devoted to their football team. Take that away, and they've got nothing. 

Football is a part of so many people's lives, a break from the 9-5 office job, a talking point, a chance to socialise, to feel part of a bigger family. 

All for some bent businessman to walk in and try and Rob the club of its assets and funds? Absolutely disgraceful. And it happens far too often. Charlton still going through some crap recently I believe, owners stripping club assets to make a quick buck. 

Something has to change, but as usual, nothing does.

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2 minutes ago, JamesBCFC said:

Read the thread.

(Have unrolled the twitter thread here.)

If this is true then that is a shocking failure from the fit and proper owners test.

It certainly needs to be investigated.

There's a test? 

 

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Doesn’t get over the fact that if true this is possibly the biggest attempted scam ever pulled in any professional sport. Push a club into administration to win a bet on relegation. It sounds ridiculous but a lot of “dodgy” money in football, especially from the Far East.

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Far East should be banned buying football clubs In this country,A football club is not an investment it's just a toy and Nobody makes money out of owning a football club, So it really does make you wonder what they really get back and what the motive is to own a club.

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8 minutes ago, Street red said:

Far East should be banned buying football clubs In this country,A football club is not an investment it's just a toy and Nobody makes money out of owning a football club, So it really does make you wonder what they really get back and what the motive is to own a club.

Exactly. As the old adage goes, "How do you make a small fortune out of a football club? Start with a large one."

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The way I read that. the bet isn't the full motive, maybe.

Buy Wigan, share price shoots up, sell a load of shares at the higher rate, pocket the wedge, lose interest in the club, place it in administration. By putting the club in admin, extra wedge is possible from an alleged bet.

Extremely dodgy! I feel very sorry for the fans of Wigan Athletic. 

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Simon Jordan ranting about this on TalkSPORT , if this is true it raises questions about the integrity of the whole fit & purpose test

He mentions about Palace having the floodlights turned off because the results weren’t going the way of Far East betting 

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11 minutes ago, You Do The Dziekanowski said:

Only ones I would be interested in is Kipre the CB and Anthony Robinson at LB

 

No one else really springs to mind 

The midfielder they got from Everton that we were interested in, Joe Williams? His disciplinary record leaves a bit to be desired mind.

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30 minutes ago, daored said:

Simon Jordan ranting about this on TalkSPORT , if this is true it raises questions about the integrity of the whole fit & purpose test

He mentions about Palace having the floodlights turned off because the results weren’t going the way of Far East betting 

I remember that, but it was betting that the lights would go out that won the dosh for the Far Eastern betting syndicates - they got caught when they tried it once too often during a Charlton game ...

https://www.independent.co.uk/news/uk/crime/the-floodlights-went-out-ndash-and-an-asian-betting-syndicate-raked-in-a-fortune-2066133.html

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34 minutes ago, BS4 on Tour... said:

I remember that, but it was betting that the lights would go out that won the dosh for the Far Eastern betting syndicates - they got caught when they tried it once too often during a Charlton game ...

https://www.independent.co.uk/news/uk/crime/the-floodlights-went-out-ndash-and-an-asian-betting-syndicate-raked-in-a-fortune-2066133.html

Wonder if they were doing this scam in 1994??

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1 hour ago, You Do The Dziekanowski said:

Only ones I would be interested in is Kipre the CB and Anthony Robinson at LB

 

No one else really springs to mind 

 

49 minutes ago, Lanterne Rouge said:

The midfielder they got from Everton that we were interested in, Joe Williams? His disciplinary record leaves a bit to be desired mind.

Plus I like Jamal Lowe.  Morsy decent, but probably not top 6/8?

Shows how good an eye Cook has as @Harrymentioned.

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On 04/07/2020 at 13:47, Ska Junkie said:

The way I read that. the bet isn't the full motive, maybe.

Buy Wigan, share price shoots up, sell a load of shares at the higher rate, pocket the wedge, lose interest in the club, place it in administration. By putting the club in admin, extra wedge is possible from an alleged bet.

Extremely dodgy! I feel very sorry for the fans of Wigan Athletic. 

Don't thing they are listed, very few football teams are these days, they are worth what someone is stupid enough to buy the debts for!

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