Made in Wigan
Vital Champions League
On the verge of an historic new start and a new beginning but you would think we were on the verge of being liquidated.
In this instance, nigh on the same thing.
On the verge of an historic new start and a new beginning but you would think we were on the verge of being liquidated.
I did post it Franco ........ I'm presuming Felipe L Moreno.
That was done on the 8th,no changes since then!
Er I think you will find that was for AFC Wigan where Clilverd was the one director after Cristo got the boot
Today's company registered TODAY is FLM Wigan Ath Ltd with Clilverd as only director
An excellent post Soccerates. Not saying I agree with it all but it’s fair and balanced.
I hate to say it, but unfortunately I think that's exactly why Moreno has bought us...to flip us within a few years to make him some cash. Ultimately men like him with zero personal attraction to an English lower league club buy them for two reasons (both financially related). One - to get them to the Premier League and more specifically bank the hundreds of millions in TV money (possible for monster clubs like Sunderland, not so much us), or two, improve our standing on and off the pitch with minimal amount of personal investment and sell us on for far more than they paid to buy it. A L2 or even L1 Wigan Athletic won't be getting to the Premier League anytime soon, which leaves only option two.
Folk will throw the "but Leganes made it to La Liga" card at me. Reality check, getting a small club to the top tier of Spanish football from the third tier is a thousand times easier than doing it with an English club. If Moreno doesn't know this yet, then he's going to find out the hard way just like IEC did. Where that leaves us in two years down the line...who knows.
I assume I'm one of the Ostrich's to which you referred earlier MiW.
I'm concerned about how much money Moreno will have / want to invest in us.
I'm concerned about what his intentions will be for the academy.
I'm concerned about what may happen regarding Stadium ownership.
I'm concerned about whether he sees WAFC as a convenient vehicle to help improve Leganes or a viable project in it's own right with aspirations for playing at (a minimum) Championship level.
However,
I would have the same or similar concerns about other "interested parties" and have very real and frankly terrifying immediate concerns about the current state of the club and it's (very) short term future and so I want the EFL to approve the Spanish purchase rather than reject it in the hope / belief that one of the other "interested parties" turns out to be better for us.
If this is burying my head in the sand, then so be it, based on my limited knowledge of all the individuals involved I've weighed up the pro's and cons and stand by my decision today, albeit I accept that your fears may well be right and I may regret the decision "next year".
I'd rather survive "today" and live to fight "tomorrow" than risk there being no "tomorrow" at all.
Doubling the Warriors rent would give us a little more cash and make the stadium a bit more viable. They would still have a bargain and wouldn't have to divert that much away from being the high spenders they are in Super League.I have started a new thread- DW Stadium-Tenant,
on how much we are paying for rent,maintenance, pitch costs ect,
and how much is Latics making in revenues on Match Days from
drinks, food ect?
I hope Moreno has factered in all these costs, as revenues could be
well below our outgoings, if we stay in L1 or even worse in L2,
It does seem like there are some who actively want Moreno to tear the club apart, just to be right and to be able to say "I told you so" because they preferred another bid, which is both baffling and disturbing in equal measure quite honestly given the pain everyone involved has been through in the last 5 months.
Despite a very loud minority making Moreno out to be worse than Choi and Yeung combined (based on nothing but conjecture), any outside source that has made public comment about Moreno has been overwhelmingly positive in their assessment of everything he's done at Leganes. In contrast, almost all the negativity has largely been unsubstantiated claims and wild rumours from people on here, anonymous 'sources' and people who've clearly been directed to spread stories on behalf of another bidder(s).
All this nattering about the Supporters' Club not giving their blessing - we simply don't know as they haven't made public comment one way or the other. It's easy to take that as a condemnation of Moreno, but it could equally be down to NDAs and a variety of other plausible reasons but unsurprisingly that balance hasn't been displayed on here and people have run away with the negative angle.
There's no reason to believe Moreno is any worse than the other bids, given the lack of substantial information we have about their plans. We don't even know if Royle and Frampton have even put up the £3.5 million needed to buy the club, let alone the deposit and everything else needed. All we know is that they've bid, but that doesn't mean they've even come close to the asking price. They could easily be all the way back at the negotiating stage like Ganaye was, who turned people's heads with promises of billionaire money but never coughed up the cash and tried to move us to feckin' Leigh because they were too cheap to buy the stadium. Frankel and Kalt were painted as these great saviours willing to bank-role us with promises of lavish spending - remind you of anyone?
There is rightly concern over Cristo, but (for now) he and his crew are gone so there's really no point thinking about them. Every time Moreno has been asked to put up the cash (the initial bid, deposit and the extra million) he's delivered straight away, whereas Frampton couldn't even give a straight answer on the deposit in that interview he did with a fan a few weeks ago if I remember rightly.
Another criticism I've seen is that Moreno is out to make money - of course he is! So are Frampton and Royle's backer! So are the majority of EFL owners these days. The days of wealthy local benefactors happily tunnelling millions into Wigan with no return are sadly over, and despite huge promises Frampton's backed by a Hong Kong corporation just like IEC were and who's to say they won't pull the plug when we inevitably don't shoot up the league as Frampton hopes? Of course that doesn't mean it would happen, but it's worth mentioning in balance considering the sh*t Moreno has been getting relentlessly on here over the last few days.
If the reality of the Moreno ownership is a sustainable League One club that leans on its academy to churn out players then so be it - that's probably where we as a club realistically should be right now given the ridiculous level of finances in the English game. There's a number of 'bigger clubs' historically that have floated around this level for years (Plymouth, Portsmouth, Bradford) so I really don't get this whole 'we're above League One and being in it for more than a year or two is a failure' philosophy - I think that comes from being spoiled so much over the last couple of decades, but even our seasons dominating League One were down to pumping in so much more money than most other clubs in the division rather than being a reflection of our actual natural level as a club. Take a look at our 17/18 wage bill compared to almost every other club that season. Crazy and not really too sustainable.
I'd rather someone come in and - at least for the next couple of years - be frugal and sensible rather than play the game of risk like Royle and IEC did, by speculating to accumulate and building up massive wage bills that would leave us in the mire if the far-flung owners were to pull the plug at any point which they did. It only took one withheld monthly payment from Yeung to send our club crashing and burning to the ground - that's how risky and fragile our finances were at the time and to be honest I don't want to see a repeat of it, even if it means sacrificing Championship football for the foreseeable future because nobody wants to go through this again.
Fact is that we're potentially a few hours away from climbing out of the administration hole - whoever puts up the millions needed to do so shouldn't be vilified until there's actual justification for it. Maybe that makes me naïve or foolish or whatever else you want to say, but I won't apologise for celebrating and feeling relief if indeed the sale goes through this week.
Best post I've read for ages Huds and mirrors my own feelings exactly, wish I'd been able to articulate it so eloquently.
There's a lot of folks who's sleep patterns are all over the place at the moment Hindley, I know mine are.That's all very well Arthur but to get up at 5:30 with that rattling about yer bonce all night is going to make him ill.
There's a lot of folks who's sleep patterns are all over the place at the moment Hindley, I know mine are.
Anyway, 05:31 here is 06:31 in Madrid, perhaps it was Mr Moerno posting :-)
Spot on mate difference being you said this politely and I couldn't well saidIt does seem like there are some who actively want Moreno to tear the club apart, just to be right and to be able to say "I told you so" because they preferred another bid, which is both baffling and disturbing in equal measure quite honestly given the pain everyone involved has been through in the last 5 months.
Despite a very loud minority making Moreno out to be worse than Choi and Yeung combined (based on nothing but conjecture), any outside source that has made public comment about Moreno has been overwhelmingly positive in their assessment of everything he's done at Leganes. In contrast, almost all the negativity has largely been unsubstantiated claims and wild rumours from people on here, anonymous 'sources' and people who've clearly been directed to spread stories on behalf of another bidder(s).
All this nattering about the Supporters' Club not giving their blessing - we simply don't know as they haven't made public comment one way or the other. It's easy to take that as a condemnation of Moreno, but it could equally be down to NDAs and a variety of other plausible reasons but unsurprisingly that balance hasn't been displayed on here and people have run away with the negative angle.
There's no reason to believe Moreno is any worse than the other bids, given the lack of substantial information we have about their plans. We don't even know if Royle and Frampton have even put up the £3.5 million needed to buy the club, let alone the deposit and everything else needed. All we know is that they've bid, but that doesn't mean they've even come close to the asking price. They could easily be all the way back at the negotiating stage like Ganaye was, who turned people's heads with promises of billionaire money but never coughed up the cash and tried to move us to feckin' Leigh because they were too cheap to buy the stadium. Frankel and Kalt were painted as these great saviours willing to bank-role us with promises of lavish spending - remind you of anyone?
There is rightly concern over Cristo, but (for now) he and his crew are gone so there's really no point thinking about them. Every time Moreno has been asked to put up the cash (the initial bid, deposit and the extra million) he's delivered straight away, whereas Frampton couldn't even give a straight answer on the deposit in that interview he did with a fan a few weeks ago if I remember rightly.
Another criticism I've seen is that Moreno is out to make money - of course he is! So are Frampton and Royle's backer! So are the majority of EFL owners these days. The days of wealthy local benefactors happily tunnelling millions into Wigan with no return are sadly over, and despite huge promises Frampton's backed by a Hong Kong corporation just like IEC were and who's to say they won't pull the plug when we inevitably don't shoot up the league as Frampton hopes? Of course that doesn't mean it would happen, but it's worth mentioning in balance considering the sh*t Moreno has been getting relentlessly on here over the last few days.
If the reality of the Moreno ownership is a sustainable League One club that leans on its academy to churn out players then so be it - that's probably where we as a club realistically should be right now given the ridiculous level of finances in the English game. There's a number of 'bigger clubs' historically that have floated around this level for years (Plymouth, Portsmouth, Bradford) so I really don't get this whole 'we're above League One and being in it for more than a year or two is a failure' philosophy - I think that comes from being spoiled so much over the last couple of decades, but even our seasons dominating League One were down to pumping in so much more money than most other clubs in the division rather than being a reflection of our actual natural level as a club. Take a look at our 17/18 wage bill compared to almost every other club that season. Crazy and not really too sustainable.
I'd rather someone come in and - at least for the next couple of years - be frugal and sensible rather than play the game of risk like Royle and IEC did, by speculating to accumulate and building up massive wage bills that would leave us in the mire if the far-flung owners were to pull the plug at any point which they did. It only took one withheld monthly payment from Yeung to send our club crashing and burning to the ground - that's how risky and fragile our finances were at the time and to be honest I don't want to see a repeat of it, even if it means sacrificing Championship football for the foreseeable future because nobody wants to go through this again.
Fact is that we're potentially a few hours away from climbing out of the administration hole - whoever puts up the millions needed to do so shouldn't be vilified until there's actual justification for it. Maybe that makes me naïve or foolish or whatever else you want to say, but I won't apologise for celebrating and feeling relief if indeed the sale goes through this week.
It's not hard though to spend high in super leagueDoubling the Warriors rent would give us a little more cash and make the stadium a bit more viable. They would still have a bargain and wouldn't have to divert that much away from being the high spenders they are in Super League.
Yea me tooBest post I've read for ages Huds and mirrors my own feelings exactly, wish I'd been able to articulate it so eloquently.
That's all very well Arthur but to get up at 5:30 with that rattling about yer bonce all night is going to make him ill.
Great post that Hud ,I must say you hit the nail on the head with this splendid post!It does seem like there are some who actively want Moreno to tear the club apart, just to be right and to be able to say "I told you so" because they preferred another bid, which is both baffling and disturbing in equal measure quite honestly given the pain everyone involved has been through in the last 5 months.
Despite a very loud minority making Moreno out to be worse than Choi and Yeung combined (based on nothing but conjecture), any outside source that has made public comment about Moreno has been overwhelmingly positive in their assessment of everything he's done at Leganes. In contrast, almost all the negativity has largely been unsubstantiated claims and wild rumours from people on here, anonymous 'sources' and people who've clearly been directed to spread stories on behalf of another bidder(s).
All this nattering about the Supporters' Club not giving their blessing - we simply don't know as they haven't made public comment one way or the other. It's easy to take that as a condemnation of Moreno, but it could equally be down to NDAs and a variety of other plausible reasons but unsurprisingly that balance hasn't been displayed on here and people have run away with the negative angle.
There's no reason to believe Moreno is any worse than the other bids, given the lack of substantial information we have about their plans. We don't even know if Royle and Frampton have even put up the £3.5 million needed to buy the club, let alone the deposit and everything else needed. All we know is that they've bid, but that doesn't mean they've even come close to the asking price. They could easily be all the way back at the negotiating stage like Ganaye was, who turned people's heads with promises of billionaire money but never coughed up the cash and tried to move us to feckin' Leigh because they were too cheap to buy the stadium. Frankel and Kalt were painted as these great saviours willing to bank-role us with promises of lavish spending - remind you of anyone?
There is rightly concern over Cristo, but (for now) he and his crew are gone so there's really no point thinking about them. Every time Moreno has been asked to put up the cash (the initial bid, deposit and the extra million) he's delivered straight away, whereas Frampton couldn't even give a straight answer on the deposit in that interview he did with a fan a few weeks ago if I remember rightly.
Another criticism I've seen is that Moreno is out to make money - of course he is! So are Frampton and Royle's backer! So are the majority of EFL owners these days. The days of wealthy local benefactors happily tunnelling millions into Wigan with no return are sadly over, and despite huge promises Frampton's backed by a Hong Kong corporation just like IEC were and who's to say they won't pull the plug when we inevitably don't shoot up the league as Frampton hopes? Of course that doesn't mean it would happen, but it's worth mentioning in balance considering the sh*t Moreno has been getting relentlessly on here over the last few days.
If the reality of the Moreno ownership is a sustainable League One club that leans on its academy to churn out players then so be it - that's probably where we as a club realistically should be right now given the ridiculous level of finances in the English game. There's a number of 'bigger clubs' historically that have floated around this level for years (Plymouth, Portsmouth, Bradford) so I really don't get this whole 'we're above League One and being in it for more than a year or two is a failure' philosophy - I think that comes from being spoiled so much over the last couple of decades, but even our seasons dominating League One were down to pumping in so much more money than most other clubs in the division rather than being a reflection of our actual natural level as a club. Take a look at our 17/18 wage bill compared to almost every other club that season. Crazy and not really too sustainable.
I'd rather someone come in and - at least for the next couple of years - be frugal and sensible rather than play the game of risk like Royle and IEC did, by speculating to accumulate and building up massive wage bills that would leave us in the mire if the far-flung owners were to pull the plug at any point which they did. It only took one withheld monthly payment from Yeung to send our club crashing and burning to the ground - that's how risky and fragile our finances were at the time and to be honest I don't want to see a repeat of it, even if it means sacrificing Championship football for the foreseeable future because nobody wants to go through this again.
Fact is that we're potentially a few hours away from climbing out of the administration hole - whoever puts up the millions needed to do so shouldn't be vilified until there's actual justification for it. Maybe that makes me naïve or foolish or whatever else you want to say, but I won't apologise for celebrating and feeling relief if indeed the sale goes through this week.