Ron Springett In The Net - Sheffield Wednesday

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P_O_T_R

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#136 29/07/2020 at 19:36



Is this a quote from EFL or just a journo comment?

If true, it means no (or not many) point deduction for us (this season).
WallaceAndGrummitt, 29/07/2020 at 19:23




https://www.bbc.co.uk/sport/football/5358 3068

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Owling_Wolf

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Yellow Card

#137 29/07/2020 at 19:39



Is this a quote from EFL or just a journo comment?

If true, it means no (or not many) point deduction for us (this season).
WallaceAndGrummitt, 29/07/2020 at 19:23

Let me guess, they'll come to a verdict letting them both off and relegating us. Whilst Barnsley and Wigan leave the room holding hands and skipping. 

We must not give opposition teams hope. We have to kill them. 

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Skamp

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Sheffield Wednesday
#138 29/07/2020 at 20:34

I hope Wigan go down to uphold the integrity of the 12 point deduction for going into administration.

Then I hope we smash the whinging dingle twats 5-0 both home and away

 

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Otto_Man

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#139 29/07/2020 at 23:04

I'm honestly not sure what's the most perplexing; that Wigan are being allowed any sort of appeal against a set sanction; that Barnsley have a voice in said appeal; or that it's all somehow our fault?! 

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P_O_T_R

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#140 17/08/2020 at 14:35

Wigan Athletic's owner enquired about putting them into administration before he had even completed his takeover.

Au Yeung Wai Kay spoke to insolvency practitioners Begbies Traynor about the possibility on 23 June - one day before informing the English Football League he had bought a 51% stake in the club.

An independent commission described the situation as a "tragedy".

The full written reasons for Wigan's failed appeal against their 12-point deduction were published on Monday.

The sanction, which came into force following the final round of Championship fixtures on 22 July, saw the Latics relegated to League One.

Wigan have been "let down by those who appear to have seen it as an opportunity for investment and profit", the commission said.

The move to place the Latics into administration came on the same day the club were told the EFL would advance a £2.325m solidarity payment.

Begbies Traynor, the club's administrator, is still attempting to find a buyer and has warned unless an agreement is reached by 31 August, it will have to consider whether the club can be funded into the 2020-21 season.

The 40-page document, made public on Monday, highlights the financial turmoil that engulfed the club through decisions taken by their Hong Kong-based owner, some of which were discussed without the knowledge of Wigan's English-based officials before Kay had secured full control.

"It may seem extraordinary that, notwithstanding the deal which was to be completed the following day which resulted in him becoming, in effect, the sole owner of the club, on 23 June Mr Kay had already contacted Begbies Traynor regarding putting the club into administration," outlined the commission.

A Begbies Traynor source disputes this version of events and has told BBC Sport that administration was one of a number of scenarios that were discussed within the initial chat.

However, through his solicitor, Kay did inform Begbies Traynor at that time that he was "not putting another penny" into the club.

The commission said Kay was "not open" with Wigan officials and at a board meeting on 24 June made no mention of his conversation with Begbies Traynor the previous day - and then, on 26 and 29 June, gave "either false or knowingly misleading" assurances about future funding.

Even prior to that, Kay was having an impact behind the scenes, complaining at the beginning of June about the EFL's decision to resume the season and, on 17 June, suspending Darren Royle, who was responsible for introducing Wigan's former owner and Kay's ex-business partner Stanley Choi to the club as chairman in 2018.

At about the same time, Choi sold his 51% stake in the Next Leader Fund to Kay, who in turn refused to make available the £6m expected by Wigan "because his other business took priority", effectively sending the club into administration.

It has also been revealed Barnsley, who were allowed to be part of the appeal proceedings on the basis they would have been relegated had Wigan been successful, asked for their costs to be paid by the Latics. The request was rejected by the commission.


https://www.bbc.co.uk/sport/football/5380 7173

Post edited on 17/08/2020 at 15:49 by P_O_T_R

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KingMong

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2213 posts

#141 17/08/2020 at 15:10


It has also been revealed Barnsley, who were allowed to be part of the appeal proceedings on the basis they would have been relegated had Wigan been successful, asked for their costs to be paid by the Latics. The request was rejected by the commission.

P_O_T_R, 17/08/2020 at 14:35


Am I reading this right? Barnsley wanted Wigan to pay for their appeal against Wigan being relegated.

Wow... that’s says a lot about them.

I want you to fund our appeal against you stopping up. 

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P_O_T_R

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#142 20/08/2020 at 14:23

Former Wigan Athletic owner Au Yeung Wai Kay has agreed to waive the £36m owed to him by the League One club.

It means the money can be used for the "benefit of the club" and will not need to be repaid by a prospective buyer.

https://www.bbc.co.uk/sport/football/5385 1995

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LOBSTER

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1177 posts

#143 20/08/2020 at 14:38

Former Wigan Athletic owner Au Yeung Wai Kay has agreed to waive the £36m owed to him by the League One club.

It means the money can be used for the "benefit of the club" and will not need to be repaid by a prospective buyer.

https://www.bbc.co.uk/sport/football/5385 1995
P_O_T_R, 20/08/2020 at 14:23


Er am I missing something, other than " Football Debts " which have to be paid in full Kay is just another creditor in the queue to be paid if there is enough money available  

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Andyben

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#144 20/08/2020 at 15:24

depends what its secured on 

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MPB

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#145 20/08/2020 at 15:37

“However, through his solicitor, Kay did inform Begbies Traynor at that time that he was "not putting another penny" into the club.

“No c**t leaves this place until we find out which c**t did this” 

It’s down to you now Garry!!! OH, AND FUCK THE EFL!!!! 

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bartos1976

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#146 20/08/2020 at 15:58

Former Wigan Athletic owner Au Yeung Wai Kay has agreed to waive the £36m owed to him by the League One club.

It means the money can be used for the "benefit of the club" and will not need to be repaid by a prospective buyer.

https://www.bbc.co.uk/sport/football/5385 1995
P_O_T_R, 20/08/2020 at 14:23


It must have been some winnings from his bet on them going down to write that off 

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Andyben

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#147 20/08/2020 at 17:47

Helps with next few years tax bills 

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tylluan

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Sheffield Wednesday
#148 24/08/2020 at 12:35

Mike Ashley has just bought DW Fitness for 37 million.

Leaves the Whelan's with a bit of spare cash if they want to put it back into the local community 

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HoylandOwl

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#149 24/08/2020 at 17:22

13.11.2010 at 20.51 emre...tbh, Hoylands goal gave me a semi 

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Baresi

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Sheffield Wednesday
#150 29/08/2020 at 15:37

I ask you will Galway bate Mayo? Not if they have Willie Joe...they haven't a hope of beating Mayo! 

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