Thanks for pointing me at that article John, It kind of explains why it seemed so sudden to me. I had not heard that Wigan were in excessive financial trouble, and it seems that nobody else had either.
It appears that whilst they were living beyond their means, they were not doing so more than any other Championship Club. Yes we all know the penalty for Administration, but it seems a bit poor for the EFL to approve a takeover one week, then the club goes into Administration the next. We all know their tests are not up to much, but the Guardian found out pretty quickly that one individual owned over 50% in both companies in the previous sale of the club. Surely that should ring a bell or 2. In reality, anyone buying a club should have to prove/pledge/put aside enough money to buy the club, clear its debts and operate it for a year at the current rate of loss. This fund could be monitored by an independent authority. Anyway, tough on Wigan, but we’ve been there! KOT. Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=550986> for Windows 10 UK Shared Business Services Ltd. Registered in England and Wales as a limited company. Company number 6330639. Registered Office: Polaris House, North Star Avenue, Swindon, Wiltshire SN2 1FF. This email and any attachments are intended for the named addressee(s) only. If you are not the intended recipient, please notify us immediately and do not disclose, distribute, or retain this email or any part of it. While we have taken every reasonable precaution to minimise risk of this e-mail or any attachments containing viruses, the recipient should carry out its own virus checks before opening the attachments. The Company does not accept any liability for any losses or damages which the recipient may sustain due to presence of any viruses. Any opinions expressed in this email (including attachments) are those of the author and do not necessarily reflect the company's opinions. We will not accept responsibility for any commitments made by our employees outside the scope of our business. The Company reserves the right to monitor all e-mail communications through their networks for the purposes of preventing and detecting crime. _______________________________________________ Leedslist mailing list Info and options: https://mailman.gn.apc.org/mailman/listinfo/leedslist To unsubscribe, email [email protected] Find us on Facebook https://www.facebook.com/groups/leedslist/ Dorigo's Right Buttock...
