Interesting!
Posted: Mon Oct 16, 2017 11:51 am
A site for fans of Wigan Warriors RLFC. News, views, statistics, profiles and more all contributed by supporters of Wigan RL.
https://www.wiganwarriorsfans.com/
http://www.bbc.co.uk/sport/football/41648722Wigan Athletic could be under new ownership by the end of the year after Hong Kong-based investors agreed a takeover deal worth in excess of £20m.
The sale of the League One leaders is now subject to due diligence and approval from the Football League.
Owner Dave Whelan took control in 1995 but the 80-year-old brought in former Manchester City chief executive Garry Cook earlier this year to find a buyer.
It is hoped a deal will be done before the January transfer window opens.
If the ground is included then someone is getting a bargain. But DW is no muppet. If he sells the Latics only and gets rent from 2 clubs its a win win for him.jobo wrote:Suppose it depends on just exactly what Dave Whelan is selling.
Think Wigan rugby have a 50 year lease in place, which without break clauses, means we are going nowhere soon.
Also £20,000,000, although a lot of money, doesn't appear to me to value Latics plus their holdings very highly and surely can't include the ground.
Honestly I think what was it 15 mill or so offer for the latics is about the going rate, up till this season they've pretty much been in free-fall since their exit from the premiership I'll grant you Cook seems to have turned things round but still.jobo wrote:Suppose it depends on just exactly what Dave Whelan is selling.
Think Wigan rugby have a 50 year lease in place, which without break clauses, means we are going nowhere soon.
Also £20,000,000, although a lot of money, doesn't appear to me to value Latics plus their holdings very highly and surely can't include the ground.
thats what Whelan is good at. i worked at Rathbones when he bought that out from the Rathbone brothers. He sold the bakery to an Irish company but retained the land and from memory it was a 10 year deal - hence now there being houses on the old Rathbones bakery sitethegimble wrote:If the ground is included then someone is getting a bargain. But DW is no muppet. If he sells the Latics only and gets rent from 2 clubs its a win win for him.jobo wrote:Suppose it depends on just exactly what Dave Whelan is selling.
Think Wigan rugby have a 50 year lease in place, which without break clauses, means we are going nowhere soon.
Also £20,000,000, although a lot of money, doesn't appear to me to value Latics plus their holdings very highly and surely can't include the ground.
Crikey, you make Uncle Dave sound like a bounder. ????the pieman wrote:thats what Whelan is good at. i worked at Rathbones when he bought that out from the Rathbone brothers. He sold the bakery to an Irish company but retained the land and from memory it was a 10 year deal - hence now there being houses on the old Rathbones bakery sitethegimble wrote:If the ground is included then someone is getting a bargain. But DW is no muppet. If he sells the Latics only and gets rent from 2 clubs its a win win for him.jobo wrote:Suppose it depends on just exactly what Dave Whelan is selling.
Think Wigan rugby have a 50 year lease in place, which without break clauses, means we are going nowhere soon.
Also £20,000,000, although a lot of money, doesn't appear to me to value Latics plus their holdings very highly and surely can't include the ground.
he was quick to get rid / rebrand the confectionary business but not sure what he did with the shops / local retail outlets apart from closing them all down and kicking out the then tenants