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International Board Member | 11377 | No Team Selected |
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Sep 2002 | 22 years | |
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| Quote The Chair Maker="The Chair Maker"Wigan fans should also be concerned at the potential to vary the terms of the lease agreement.
Wigan Athletic could in theory demand revised terms of the lease. Especially if the current lease is below commercial rates.
Such a scenario would impact on the RLs income streams.'"
Thats the key for me - it would be interesting to read the lease the Warriors have - rent reviews, break clauses etc.
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Moderator | 14324 | No Team Selected |
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Dec 2001 | 23 years | |
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| Quote The Chair Maker="The Chair Maker"From a financial point of view Wigan RL are now confirmed as asset poor.'"
I know Stains is a bit behind the times but you do realise Central Park was sold in the 90s don't you?
Quote The Chair Maker="The Chair Maker"Without assets, the club will find it harder to raise capital from banks, to finance the business.'"
What would they need to borrow money for?
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Player Coach | 1072 | No Team Selected |
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Jun 2009 | 16 years | |
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| Personally I agree with what several others have said about this.
It doesn't alter the situation with regard to preferential treatment over use of the stadium. Where any clash occurs Latics will always get the nod as long as they are in the premiership as it simply brings in more money for the stadium owners no matter who they are.
In the long run Latics will at some point be relegated from the premiership as they despite Whelan wishing it otherwise are not held in high regard in football. They will not attract another rich owner as they are not a big name and are surrounded by clubs that are a much better prospect for prolonged success than they are due to their comparitively poor fan base even against some football league clubs.
Relegation when it comes will spell the end of Latics in the top flight as many of the people that now watch them will stop going and crowds will drop to the 7000 and lower levels that they had when in the championship. This will not allow them to build and retain a squad that could get them back up. They can't hold on to players now after five top flight seasons and with Whelan holding the purse. When this does happen then they will be more in need of the income from Wigan RLFC (which will likely be equal to or better than their own) and so will be more willing to compromise on fixture clashes.
Also with a third party owner such as a private company or council there is always the danger of them selling the site under the tenants noses and leaving them homeless if needing the cash. At least with either of the clubs owning the stadium they are unlikely to boot themselves out to build houses so aslong as relations are good you have somewhere to play. Lets face it Edge Hall Road isn't up to standard.
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Club Coach | 14135 | No Team Selected |
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Oct 2004 | 20 years | |
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| Quote jaws1="jaws1"For me the ideal spot would be the old Chapelhouse car showroom near Seven Stars
1 its on a busy artery to Wigan ,buses pass it every day and is in walking distance from Wigan.In a prominent position not far from the stadium.
2 the building is deceptive from the front it looks nothing but there is another building at the back that used to be the workshop,
3 The builing is tall and could easily accomadate a mezzinine floor doubling its capacity making it ample room for a club shop ,museum ,meeting place .bar etc .'"
One problem
The asking price is nearly a million quid.
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Club Coach | 14135 | No Team Selected |
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| Quote The Chair Maker="The Chair Maker"
From a financial point of view Wigan RL are now confirmed as asset poor. Without assets, the club will find it harder to raise capital from banks, to finance the business.'"
I think several acres of land in the desirable area of Orrell is hardly 'asset poor' is it?
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Club Coach | 14135 | No Team Selected |
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| Quote Wigan/Leeds Andy="Wigan/Leeds Andy"I know Stains is a bit behind the times but you do realise Central Park was sold in the 90s don't you?
What would they need to borrow money for?'"
To be fair, all businesses need to borrow money from time to time.
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Moderator | 21013 | No Team Selected |
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Feb 2003 | 22 years | |
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| *apathy*
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Player Coach | 15264 | No Team Selected |
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Jan 2006 | 19 years | |
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| Quote FearTheVee="FearTheVee"Thats the key for me - it would be interesting to read the lease the Warriors have - rent reviews, break clauses etc.'"
But as none of us ever will, it's pointless to speculate on it.
Though I appreciate that this also means people from St Helens can constantly raise the possibility that Wigan have negotiated a very poor lease for themselves.
Keep hoping, boys.
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International Chairman | 12738 | No Team Selected |
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Dec 2001 | 23 years | |
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| Quote ROBINSON="ROBINSON"I think several acres of land in the desirable area of Orrell is hardly 'asset poor' is it?'"
Sorry wasnt aware you actually owned Orrell.
Thought that was yet another Dave Whelan asset.
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International Board Member | 11377 | No Team Selected |
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| Quote Cruncher="Cruncher"But as none of us ever will, it's pointless to speculate on it. '"
Agreed. Hopefully it's on very good terms with no prospect for nasty surprises.
Quote Cruncher="Cruncher"Though I appreciate that this also means people from St Helens can constantly raise the possibility that Wigan have negotiated a very poor lease for themselves.
Keep hoping, boys.'"
I hope exactly the opposite, I have no desire to see Wigan stiffed over their ground. In fact, I wish Whelan had given it to you and the Latics were renting it.
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International Board Member | 17252 | No Team Selected |
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| Quote The Chair Maker="The Chair Maker"Sorry wasnt aware you actually owned Orrell.
Thought that was yet another Dave Whelan asset.'"
There's not alot that you know, but it doesn't get in the way of your pathetic anti-Wigan posts, avatar and signature.
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Moderator | 14324 | No Team Selected |
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| Quote ROBINSON="ROBINSON"To be fair, all businesses need to borrow money from time to time.'"
It was meant in the context of "capital" that the Chair Maker mentioned. Capital borrowings are very different from having an overdraft facility.
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