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Quote from: Alan Southstand on July 04, 2020, 08:13:11 amSM:QuoteI'm not sure where you're coming from with some of that. But, the government did tell the EPL that one of the conditions for Project Restart was that they must help out the smaller clubs further down the pyramid. We wait to see what that is, but for some clubs that's the lifeline they need. I'm sure the EPL will push to have one of the cup competitions cancelled as part of that conversation, but that's all to be negotiated yet, so it might not happen.I understand there was an interview with an EPL official recently (I’m not sure on what programme), who was asked about this very topic and his reply was that, as yet, they have had no request from the EFL for any sort of financial help. I sincerely hope no-one is holding their breath waiting for this to happen anytime soon!I think your EPL spokesperson was being a little disingenuous. I understand Rick Parry himself is dealing with this, and talks should bear fruit.
SM:QuoteI'm not sure where you're coming from with some of that. But, the government did tell the EPL that one of the conditions for Project Restart was that they must help out the smaller clubs further down the pyramid. We wait to see what that is, but for some clubs that's the lifeline they need. I'm sure the EPL will push to have one of the cup competitions cancelled as part of that conversation, but that's all to be negotiated yet, so it might not happen.I understand there was an interview with an EPL official recently (I’m not sure on what programme), who was asked about this very topic and his reply was that, as yet, they have had no request from the EFL for any sort of financial help. I sincerely hope no-one is holding their breath waiting for this to happen anytime soon!
I'm not sure where you're coming from with some of that. But, the government did tell the EPL that one of the conditions for Project Restart was that they must help out the smaller clubs further down the pyramid. We wait to see what that is, but for some clubs that's the lifeline they need. I'm sure the EPL will push to have one of the cup competitions cancelled as part of that conversation, but that's all to be negotiated yet, so it might not happen.
Quote from: albie on July 02, 2020, 10:15:16 pmWhat a strange tale this is:https://www.theguardian.com/football/2020/jul/02/story-of-how-wigan-collapsed-into-administration-au-yeung-investigationLooks like football was not the point of the takeover!What an absolute disgrace.A club with such a proud history, trashed by some faceless foreign 'money-men' in very dubious circumstances.Lessons never seem to be learned do they?
What a strange tale this is:https://www.theguardian.com/football/2020/jul/02/story-of-how-wigan-collapsed-into-administration-au-yeung-investigationLooks like football was not the point of the takeover!
Quote from: swintonrover on July 04, 2020, 09:04:18 amThe EFL admitted there were irregularities regarding large betting rings in the Philippines betting on Wigan to go down, and the ownership changed hands to ensure the points deduction. If Wigan get deducted points, that makes the EFL complicit in major fraud, and then there will be real repercussions. The EFL can only be complicit if they were conspiring with the fraudsters. Are you suggesting they were??
The EFL admitted there were irregularities regarding large betting rings in the Philippines betting on Wigan to go down, and the ownership changed hands to ensure the points deduction. If Wigan get deducted points, that makes the EFL complicit in major fraud, and then there will be real repercussions.
Quote from: silent majority on July 04, 2020, 11:25:35 amQuote from: Alan Southstand on July 04, 2020, 08:13:11 amSM:QuoteI'm not sure where you're coming from with some of that. But, the government did tell the EPL that one of the conditions for Project Restart was that they must help out the smaller clubs further down the pyramid. We wait to see what that is, but for some clubs that's the lifeline they need. I'm sure the EPL will push to have one of the cup competitions cancelled as part of that conversation, but that's all to be negotiated yet, so it might not happen.I understand there was an interview with an EPL official recently (I’m not sure on what programme), who was asked about this very topic and his reply was that, as yet, they have had no request from the EFL for any sort of financial help. I sincerely hope no-one is holding their breath waiting for this to happen anytime soon!I think your EPL spokesperson was being a little disingenuous. I understand Rick Parry himself is dealing with this, and talks should bear fruit.It wasn't an EFL spokesperson and it wasn't just some random remark Alan has read, it was from Julian Knight, chair of the DCMS Committee and the info had come from none other than the man in charge of the Premier League."We know that 10 to 15 clubs could find themselves in the same position. (On Monday) the DCMS Committee sought clarification from (Premier League chief executive) Richard Masters on what action it was taking to provide extra money for clubs at risk - he told us that the Football League hadn't asked for extra funding and the Premier League hadn't provided it."That's a situation that has to change."
Quote from: RoversAlias on July 04, 2020, 01:22:21 pmQuote from: silent majority on July 04, 2020, 11:25:35 amQuote from: Alan Southstand on July 04, 2020, 08:13:11 amSM:QuoteI'm not sure where you're coming from with some of that. But, the government did tell the EPL that one of the conditions for Project Restart was that they must help out the smaller clubs further down the pyramid. We wait to see what that is, but for some clubs that's the lifeline they need. I'm sure the EPL will push to have one of the cup competitions cancelled as part of that conversation, but that's all to be negotiated yet, so it might not happen.I understand there was an interview with an EPL official recently (I’m not sure on what programme), who was asked about this very topic and his reply was that, as yet, they have had no request from the EFL for any sort of financial help. I sincerely hope no-one is holding their breath waiting for this to happen anytime soon!I think your EPL spokesperson was being a little disingenuous. I understand Rick Parry himself is dealing with this, and talks should bear fruit.It wasn't an EFL spokesperson and it wasn't just some random remark Alan has read, it was from Julian Knight, chair of the DCMS Committee and the info had come from none other than the man in charge of the Premier League."We know that 10 to 15 clubs could find themselves in the same position. (On Monday) the DCMS Committee sought clarification from (Premier League chief executive) Richard Masters on what action it was taking to provide extra money for clubs at risk - he told us that the Football League hadn't asked for extra funding and the Premier League hadn't provided it."That's a situation that has to change."I'm not really bothered where the response came from, I'm well aware of the current situation (we have a weekly update from the EFL and we have fan owned clubs in the EFL) and that response from Richard Masters is at best misleading and at worst dishonourable.Part of the governments approval and support for Project Restart included the agreement to help lower league clubs, which is obviously why DCMS were asking. At this weeks meet of EFL clubs they were told Richard Parry was dealing with this directly and that movement was expected within the next couple of weeks.
Stand by for disappointment SM. Parry might have carried some weight when he was at the EPL but now he is a nobody backed by nobodies, If the government do not insist on the EPL doing something to aid the smaller clubs it will be at best a token amount and at it's worst will not be an amount that makes any significant difference and will be balanced out with conditions to the EPL's advantage in future. Not to mention the level of distribution the bigger championship sides will try to snaffle up with the threat of EPL 2 being thrown about. The original threat was the pending loss of many small clubs, which apart from the manufactured likely loss of Wigan has not yet manifested itself. And the confidence of the EPL to minimise any help has grown over the intervening period. The absolute woeful response to the emergency has now lost all momentum from the survival of clubs and turned to when the next season will be restarted. Once that decision is made and clubs start to ready themselves at the lower levels they will once again be left to fend for themselves and become a side show. The odd club that might fall by the wayside will get a couple of days how sad headlines and local news coverage, while the main concentration will be who will be the next manager of Tottering and who will be the next superstar multi million pound signings for the top four or five EPL teams Real Madrid and Barca.
Looks like the most dodgy Administration of all time. Hope someone is going to investigate this thoroughly. Oh silly me the EFL are running the show. This needs government involvement and the criminal investigators to find out what has really taken place with Wigan. I just can’t see that this is related to Covid 19 Or does my suspicious mind making me add 2+2 & =5 What does everyone else think?
Quote from: Campsall rover on July 05, 2020, 04:18:06 pmLooks like the most dodgy Administration of all time. Hope someone is going to investigate this thoroughly. Oh silly me the EFL are running the show. This needs government involvement and the criminal investigators to find out what has really taken place with Wigan. I just can’t see that this is related to Covid 19 Or does my suspicious mind making me add 2+2 & =5 What does everyone else think? I don't think anybody really knows at the moment, we'll have to wait and see.However its nowhere near the end of the world for Wigan, they are a very stable club, have no debts, and have tremendous income (normally) as they share the stadium with Wigan RL. It's not going to be long before somebody steps in for them.
Quote from: Glyn_Wigley on July 04, 2020, 10:49:02 amQuote from: swintonrover on July 04, 2020, 09:04:18 amThe EFL admitted there were irregularities regarding large betting rings in the Philippines betting on Wigan to go down, and the ownership changed hands to ensure the points deduction. If Wigan get deducted points, that makes the EFL complicit in major fraud, and then there will be real repercussions. The EFL can only be complicit if they were conspiring with the fraudsters. Are you suggesting they were??They were aware of irregular betting patterns and let the takeover happen anyway. It's gross negligence at best.
If it was a betting scam, why spunk £41m on a club like Wigan instead of a club in L1 or 2 who could be bought for substantially less, thereby reducing the possible losses if the bet didn't come off?
RA, there's always a reason and an answer to most of these issues that selby raises. Whilst I appreciate his contribution the approach he takes is always spoken about in language I can't always follow, i.e 'a nobody supported by nobodies' doesn't really hit the mark for me.The reason it has taken time (one of a few) is that Project Restart was never guaranteed to happen, and furthermore it's not guaranteed to complete. That, and a renegotiation with Sky and other broadcasters, had to take place so as to complete the financial transactions and the agreement they reached between those parties. I'm not sure how the EPL could commit when they themselves hadn't seen the light at the end of the tunnel either. And in addition, there was also an agreement for the EFL season to conclude one way or the other, and broadcast income was also part of that.Furthermore, the EFL also have a new CEO, Shaun Harvey's replacement, and he has only just taken charge. There are also numerous other issues that the EFL are dealing with, and fighting with the EPL is only one part of what they have to achieve. Direct government help is also being asked for, and help from HMRC is part of that. Fixing a start date for next season, when and how to allow crowds into stadiums, agreeing on salary caps and squad sizes, fighting off the PFA etc. All these things take time and energy.Whilst it wasn't a random quote I think I'd either seen or heard it from some other source but dismissed it as mere obfuscation, which it probably is. As for RM being the main man, I can assure you it's not him. He's far too new at the job, there are a few others who wield much more power in the background than he does.
Quote from: silent majority on July 04, 2020, 05:37:22 pmRA, there's always a reason and an answer to most of these issues that selby raises. Whilst I appreciate his contribution the approach he takes is always spoken about in language I can't always follow, i.e 'a nobody supported by nobodies' doesn't really hit the mark for me.The reason it has taken time (one of a few) is that Project Restart was never guaranteed to happen, and furthermore it's not guaranteed to complete. That, and a renegotiation with Sky and other broadcasters, had to take place so as to complete the financial transactions and the agreement they reached between those parties. I'm not sure how the EPL could commit when they themselves hadn't seen the light at the end of the tunnel either. And in addition, there was also an agreement for the EFL season to conclude one way or the other, and broadcast income was also part of that.Furthermore, the EFL also have a new CEO, Shaun Harvey's replacement, and he has only just taken charge. There are also numerous other issues that the EFL are dealing with, and fighting with the EPL is only one part of what they have to achieve. Direct government help is also being asked for, and help from HMRC is part of that. Fixing a start date for next season, when and how to allow crowds into stadiums, agreeing on salary caps and squad sizes, fighting off the PFA etc. All these things take time and energy.Whilst it wasn't a random quote I think I'd either seen or heard it from some other source but dismissed it as mere obfuscation, which it probably is. As for RM being the main man, I can assure you it's not him. He's far too new at the job, there are a few others who wield much more power in the background than he does. Nothing but speculation and conjecture!! The Efl if guilty of anything is not having the balls at the formation of the Premier League not to seek more money for the L1 / L2 clubs to prevent them from being left bereft of capital in hard times when they the PL are allowed to flaunt FairPlay rules and get away with paying the minimum trickled down fee the could get away . COVID-19 is the death nail for every club if fans can’t return even for 3/6 months . Finances in place in the PL will tide them over but not everyone else.
Did Dave Whelan do any DD on IEC when he sold to them, surely he was the one who should have and much as I detest the EFL, if the buying company proved to have the necessary resources to fund the club how could they be turned down as owners. There’s obviously something more behind the scenes here but proving a betting scam is I think going to be a difficult mission. Besides that, these Asian betting rings aren’t stupid and know full well the penalty for admin is 12 points deduction so surely they won’t fall for that? Much to come out I think but the number of unfit owners seems to be increasing and so far the EFL have proved not to be up to the job of identifying them.
Quote from: Frankie Rennie on July 05, 2020, 11:34:32 pmDid Dave Whelan do any DD on IEC when he sold to them, surely he was the one who should have and much as I detest the EFL, if the buying company proved to have the necessary resources to fund the club how could they be turned down as owners. There’s obviously something more behind the scenes here but proving a betting scam is I think going to be a difficult mission. Besides that, these Asian betting rings aren’t stupid and know full well the penalty for admin is 12 points deduction so surely they won’t fall for that? Much to come out I think but the number of unfit owners seems to be increasing and so far the EFL have proved not to be up to the job of identifying them.That's a good question. How much DD should the seller do? This is as much a moral question as well.Does Mike Ashley care, as long as he gets his money? You could ask the same question of many a takeover to foreign ownership.From what I gather, DW had no reason to doubt the intentions of the new owners, although since they took over they have largely remained faceless. This looks like an opportunistic and desperate way out in the face of mounting losses exacerbated by the Covid crisis.It's probably likely that DM sold Wigan as a Premiership club on a sabitical and perhaps the new owners realised they've been sold a dud. You wonder whether McCabe did full due diligence at Sheff Utd when trying to attact Arab millions, before realising he was caught with his pants down and forced to sell all his interests in the club to the Arab. Things look good for the Blades at the moment but you wonder if they get relegated at some point, the Arab will call in his dues!
Quote from: silent majority on July 05, 2020, 04:32:00 pmQuote from: Campsall rover on July 05, 2020, 04:18:06 pmLooks like the most dodgy Administration of all time. Hope someone is going to investigate this thoroughly. Oh silly me the EFL are running the show. This needs government involvement and the criminal investigators to find out what has really taken place with Wigan. I just can’t see that this is related to Covid 19 Or does my suspicious mind making me add 2+2 & =5 What does everyone else think? I don't think anybody really knows at the moment, we'll have to wait and see.However its nowhere near the end of the world for Wigan, they are a very stable club, have no debts, and have tremendous income (normally) as they share the stadium with Wigan RL. It's not going to be long before somebody steps in for them.I think if you check Silent you’ll find that Wigan is loss making which last year was about £6M. That said they are run better than most but like the majority of clubs outside the PL wouldn’t be solvent without a benefactor.