Wigan Athletic In Administration

[Tippy Tappy Football]

Charlton Athletic are considering taking legal action against the EFL following the news that Sheffield Wednesday’s 12 point deduction will be imposed next season.

"The Owls finished 16th in the Championship, eight points clear of the relegation places. Had the EFL elected to impose the deduction now, taking it away from their 2019-20 total, then they would have found themselves in the third tier next term - with the Addicks staying in the Championship.

Charlton have labelled the decision “irrational”, particularly given Wigan’s recently-imposed 12-point penalty after going into administration. "The club is considering a legal challenge following the news that Sheffield Wednesday will receive a sporting sanction that will take effect in the 2020/21 season,” a club statement read. “Sheffield Wednesday were charged in November 2019 for breaching the EFL’s Profitability and Sustainability Rules for the three-season reporting period ending with Season 2017/18."

https://www.mirror.co.uk/sport/football ... y-22451499

[Sandy Pate Best Stag]

There appears to be so much legal action going on that its a good job the season is starting so late.

Will they even get the fixtures out for a Chrimbo start?

[Martin Shaw]

[part time pete]

Understandable and correct decision. The EFL have followed the rule book to the letter.

[bobbystagsfan]

Understandable and correct decision. The EFL have followed the rule book to the letter.

Just a shame they can't stop these tossers from buying football clubs and ruining them

[garlic]

Can anyone explain why Wigan got their 12 point deduction this season, and hence relegation, but Sheffield Wednesdays point deduction was deferred to next season?

[part time pete]

Wigan got the 12 deduction because the league rules state that a club gets 12 point deduction if the company goes into administration.

Wigan went into administration hence the rule book kicked in.

Don’t fully understand the Sheff Wed situation but didn’t think the rules for Wednesday’s issue are tightly worded and have such don’t have clear cut sanctions.

[daddycool]

Understandable and correct decision. The EFL have followed the rule book to the letter.

Just a shame they can't stop these tossers from buying football clubs and ruining them

EFL did there checks and sanctioned the take over ,obviously there checks are not good enough

[victor A block]

Can anyone explain why Wigan got their 12 point deduction this season, and hence relegation, but Sheffield Wednesdays point deduction was deferred to next season?

Because Wigan are a small club and Wednesday are a bigger one??
You could imagine exactly the same scenario in the Premier League if it was Arsenal and Burnley in the dock.

[Big yella]

Can anyone explain why Wigan got their 12 point deduction this season, and hence relegation, but Sheffield Wednesdays point deduction was deferred to next season?

I think, it may be because although Wednesday's offence was committed within the season, the actual judgement
(very suspiciously in my mind) didn't come out until after the season had finished. Therefore any penalty can only be imposed at the start of next season.

But, don't quote.

[Tippy Tappy Football]

The EFL have yet to approve Charlton's new owners who bought the club back in January!! They amazingly failed the owners and directors test which Charles Ponzi, Bernard Madoff and Frank Abagnale would have passed.

https://www.bbc.co.uk/sport/football/53615557

https://www.standard.co.uk/sport/footba ... 19491.html

[Tippy Tappy Football]

Worrying times for Wigan fans. They need someone to buy the club by 31st August.

THE JOINT ADMINISTRATORS WOULD LIKE TO UPDATE THE FANS, EMPLOYEES AND PEOPLE OF WIGAN WITH THE CURRENT SITUATION.

1. SALE OF CLUB
We are continuing talks with various interested parties and are in discussions with four bidders regarding the sale. We have set a deadline of 31 August 2020 to agree and sign the sale contract.

If the contract is not signed by this date, we will have to reconsider the position on the basis that the new season starts a week later. The reason for this is that we will be responsible for the team at the start of the season and the fulfilment of the fixtures. Understandably, if no buyer is available, we do not wish to commit to something we cannot see through. We are still hopeful that one of the bidders will be in a position to sign the contract as set out.

2. PLAYER SALES
We can confirm that in the last week, the registrations of Joe Gelhardt and Kieffer Moore have been sold to Leeds United and Cardiff City respectively. The Joint Administrators wish them all the best in the future. There are further negotiations currently taking place regarding player sales and these will be announced when they are completed.

3. SUPPORTERS CLUB
We would like to thank the Supporters Club for their continued financial support. They have today agreed to advance us from their own funds the money to buy next season’s first team strip which will bear the Supporters Club logo for the beginning of the season.

4. WAGES AND SALARIES
We can confirm that the wages and salaries of all staff and current playing squad have been paid in full up to 31 July 2020. With regards to players who have left the club, we are working to pay these as soon as we can and will be after the next player sale proceeds are received.

https://wiganathletic.com/news/2020/aug ... istrators/

[cassellswasmagic]

If Wigan go, do Notts go up? Or do Macc survive?

[yorkshire stag]

Wigan will never go under

fake news this

[Stags 2002]

If Wigan go, do Notts go up? Or do Macc survive?

As with what happened to Bury they will just start with 23 teams.

[Son Of Sherwood]

Source BBC Sport https://www.bbc.co.uk/sport/football/53807173

Wigan Athletic owner enquired about administration before takeover

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.