Wigan
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- Posts: 29824
- Joined: 21 Nov 2009, 03:27
Makes you wonder how screwed they would have been without going up and getting the Championship TV money.
Worth remembering that had GJ not got us promoted back from the conference with the squad he assembled then we would have gone bust as well.
Would we? I was under the impression that we gambled by using all of the parachute payment, around £800k, plus a regular seasons budget, but wouldn't have gone bust. Just wouldn't have been close to a big fish in the division and would have been a similar story to other ex-League sides around our size, Yeovil and Torquay for example, scrapping mid-lower table.
Thought I’d heard most of the players were on one year deals, if we hadn’t gone up we’d have gone part time, and the Academy would have closed down too.Shade wrote: ↑28 Oct 2022, 14:52 Would we? I was under the impression that we gambled by using all of the parachute payment, around £800k, plus a regular seasons budget, but wouldn't have gone bust. Just wouldn't have been close to a big fish in the division and would have been a similar story to other ex-League sides around our size, Yeovil and Torquay for example, scrapping mid-lower table.
Yeah that rings a bell. So not broke, but downsized and made part-time. It was still a big gamble and, thankfully, one that came off.Fuller wrote: ↑31 Oct 2022, 21:39Thought I’d heard most of the players were on one year deals, if we hadn’t gone up we’d have gone part time, and the Academy would have closed down too.Shade wrote: ↑28 Oct 2022, 14:52 Would we? I was under the impression that we gambled by using all of the parachute payment, around £800k, plus a regular seasons budget, but wouldn't have gone bust. Just wouldn't have been close to a big fish in the division and would have been a similar story to other ex-League sides around our size, Yeovil and Torquay for example, scrapping mid-lower table.
Of course, I hadn't thought of the big boys rules for "big" clubs applies to clubs like Wigan.
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- Posts: 29824
- Joined: 21 Nov 2009, 03:27
Eye watering.
“A £7.7million loss was recorded this month for the 2021-22 season, a sum marginally less than the club’s overall turnover of £8.3million. A wage bill of £13million was the equivalent of 157 per cent of turnover.“
https://theathletic.com/4309991/2023/03 ... ed_article
“A £7.7million loss was recorded this month for the 2021-22 season, a sum marginally less than the club’s overall turnover of £8.3million. A wage bill of £13million was the equivalent of 157 per cent of turnover.“
https://theathletic.com/4309991/2023/03 ... ed_article
they'll chuck loads of money at it again, get promoted again, with a gushing media again and off we go.....again.
NOTHING TO SEE HERE.