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    Chimbonda

    To be the new manager of Skemersdale. Normally, I'd wish good luck but in this case - I'll pass. Until Paul Jewel gave him the opportunity in 2005, he was an uknown. We had a brilliant season and looking forward. Never can forget our brilliant game against Arsenal 7 May 2006 and being told he'd...
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    English clubs lost almost £1bn 21-22

    Key points: The football analytics team at the London finance firm LCP has analysed the data based on the published accounts of all 92 clubs in the top four divisions, providing an alarming insight into their financial sustainability. In the Sky Bet Championship, average wages exceeded revenue...
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    Mr Danson

    Welcome to our club. For those who like a good read; https://www.themarque.com/profile/mike-danson https://www.thebusinessdesk.com/northwest/news/2116044-billionaire-mike-danson-rescues-wigan-athletic-with-efl-approved-takeover
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    Investors Sue Begbies Traynor

    For alleged cheap asset sales.. https://www.thetimes.co.uk/article/investor-sues-over-cheap-asset-sales-n0wkxqk3f?shareToken=861a5cd2fea0aca500e6c1e53f240778
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    ADMIN FEES

    £1,337 million est
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    SO SORRY

    I can't express how very sorry I am to have given you what turned out to be false hope in some of my previous posts. At this point, like a lot of fans, I am devastated. My mind cannot accept what has happened today. It's an injustice. My views were formed earlier last week, when it was...
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    AU YEUNG; WHAT QUESTION WOULD YOU ASKED HIM?

    I would have asked; Did Dr Choi tell you that, as per his announcement to HK exchange in March that football in UK had been suspended due to Covid?
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    APPEAL SHOULD HAVE BEEN IN PUBLIC

    For the purpose of transparency and to provide confidence to it's main funders and participants (us); the hearing should have been held in public and reported on. Court case concerning serious stuff like murder, rape etc are held in an open court, as with Medical tribunals, Judicial reviews...
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    DOCTOR MAKES 412 Million HK$ in a month

    As some of you are aware; I said the motivation for Dr Choi ditching us was the massive share price loss of IEC - 90% since buying us. His major shareholders gave him grief. Since selling us, the share price of IEC has steadily increased by HK$0.54 per share. Dr Choi owns 764.2 million shares...
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    BARNSLEY WILL GO DOWN

    Instead of us. Here's the reality: The appeal hearing is like a civil court whereby the burden of proof is on the claimant (WA), who must prove that on the balance of probabilities, our case is true. This means that the hearing must be satisfied that on the evidence, the occurrence of an...
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    Administration Press conference

    Krasner: ' the end of this week, three players will have been sold in total, say the administrators. The club will have to pay out between £400,000 and £500,000 to even challenge the 12-point deduction. £6 million is owed to creditors, meaning players will have to be sold. One has already been...
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    THE IEC LOAN AGREEMENT

    FAO of 'King' and others concerned.. Principle Terms of loan; half way down. Definitions: 'The Company' and 'The Group' is IEC. 'The Disposal Company' is the Club
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    WE WERE SOLD to NLF 14 FEB

    Subject to 3 conditions. 1.) Ageement provided by HK EX, 2.) Shareholders agreement and 3.) the EFL. Who on that date in a country on the otherside of the world would know how 'things' would be in May in the Uk and in particular, Wigan. I had no idea and certainly our government nor their...
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    DR STANLEY SPEYKS

    Story in FT yesterday Quote: ...Mr Choi said he was introduced to Mr Au Yeung last year through a mutual contact, and denied any previous or ongoing connection between them. “There is no relationship,” said Mr Choi. “The main purpose of the sale was to remove the financial burden from owning...
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    WARRIORS to the rescue

    Ian Linnigan is interested in buying us. https://www.bbc.co.uk/sport/rugby-league/53322411
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    EFL New Owners rigurous test

    A journalist has just emailed to say that yes, the EFL admit to recieving my warning emails but... the new owners passed their rigurous test. I did the following to celebrate..
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    LETTER TO LISA re Sale

    I sent this to Ms Nandy a few weeks back, didn't get an acknowledgement Dear Mrs Nandy, I wish to bring to your attention a serious matter concerning Wigan Athletic Football of which I am a long time supporter and write also on behalf of others. As a result of the recent change of owner and...
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    DID THE DOCTOR PULL THE PLUG?

    The terms of the loan agreed between IEC and NLF left a balance of £4.4 million as working capital for the club which commenced upon the sale completion; 29 May 2020. But however, we were paying interest at £38,000 per week and this was one of my prime concerns for our future. As described...
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    I WARNED EVERYBODY

    I wrote to EFL in May and then the following to all TV and radio broadcaster, Wigan MP but was ignored.. "END OF THE PIER FOR WIGAN ATHLETIC? Wigan Athletic have recently been sold and bought by the same person; Dr. Choi Chiu Fai Stanley. He is the chairman and majority shareholder of the...
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    EGM SALE OF CLUB

    I haven't posted this on the 'investment?' thread, it's descended into a lot of silly assertions so here's the reality. I downloaded relevant docs from HK exchange. On 29 May IEC have called for an EGM whereby there will be a vote by shareholders to accept or not the sale of our club to a...
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