[Wigan6/Leeds1 Andy]

Some interesting info from the accounts : Sat Oct 09, 2010 8:57 pm  

Not seen the info until today but some interesting things you may not know (NB This is for the 2009 season, 2010 season info won't be available until August/Sept 2011):

1. The cost of renting the DW last season was £189,932 - up from £177,613 in 2008, and is based on "match revenues"

2. We have a 25 year "renewable licence" to use the DW - not the 50 or 99 years previously thought.

3. We owe Dave Whelan £2m payable by the end of next month - start buying those season tickets now!

4. Lenegan has essentially loaned the club £1.17m. "Amounts owed to group undertakings - Lenagan Investments Ltd ( LIL) increased by £145,000 to £1,170,384. This loan is secured by a debenture, has no fixed repayment date and interest for the period has been waived."

5. Lenegan owns 89% of the club.

[Pemps]

Re: Some interesting info from the accounts : Sat Oct 09, 2010 9:01 pm  

Wigan/Leeds Andy wrote:

Not seen the info until today but some interesting things you may not know (NB This is for the 2009 season, 2010 season info won't be available until August/Sept 2011):

1. The cost of renting the DW last season was £189,932 - up from £177,613 in 2008, and is based on "match revenues"

ROBINSON will charge more than that for a 1 bedroom terrace in Springfield.

Re: Some interesting info from the accounts : Sat Oct 09, 2010 9:07 pm  

Why do we owe Whelan £2m?

Re: Some interesting info from the accounts : Sat Oct 09, 2010 9:09 pm  

Katrina wrote:

Why do we owe Whelan £2m?

Isn't that the price IL paid for the club including the Orrell training facility.

[Wigan6/Leeds1 Andy]

Re: Some interesting info from the accounts : Sat Oct 09, 2010 9:17 pm  

Katrina wrote:

Why do we owe Whelan £2m?

I'd imagine it's part/all of the original purchase price. Interesting that it is the club that owe it legally rather than Lenegan. Although given he is bankrolling some of the the current club debts, it's neither here or there really.

Re: Some interesting info from the accounts : Sat Oct 09, 2010 10:04 pm  

Wigan/Leeds Andy wrote:

2. We have a 25 year "renewable licence" to use the DW - not the 50 or 99 years previously thought.

I remember stating this a couple of years ago, only for the thread to reach 15 pages of angry wiganers who didnt know how to search "companies house" in google saying I was lying.

The 25 years lease has been in the accounts for years.

[Wigan6/Leeds1 Andy]

Re: Some interesting info from the accounts : Sat Oct 09, 2010 11:10 pm  

MacBlondie wrote:

I remember stating this a couple of years ago, only for the thread to reach 15 pages of angry wiganers who didnt know how to search "companies house" in google saying I was lying.

The 25 years lease has been in the accounts for years.

Think it corresponds with the takeover by Lenegan - in which case we have 22 years left on the current lease.

Re: Some interesting info from the accounts : Sat Oct 09, 2010 11:17 pm  

Wigan/Leeds Andy wrote:

Think it corresponds with the takeover by Lenegan - in which case we have 22 years left on the current lease.

It'll be interesting to see what kind of state Wigan Athletic are in, in 22 years time. I don't think they'll be on dictating terms when it comes to the stadium personally but we shall see.

Re: Some interesting info from the accounts : Sat Oct 09, 2010 11:32 pm  

Bilko wrote:

It'll be interesting to see what kind of state Wigan Athletic are in, in 22 years time. I don't think they'll be on dictating terms when it comes to the stadium personally but we shall see.

They will be bust but so will a shedload of other football clubs if they carry on like they are! We are in a strong position at the moment and im looking forward to how things pan out over the next few seasons.

Re: Some interesting info from the accounts : Sat Oct 09, 2010 11:33 pm  

Well done. You've probably sent at least half a dozen Latics men to bed happy tonight safe in the belief that they are a lot closer to getting shut than they previously thought.

Is there any other point to the post than this? The rest sounds pretty obvious to me.