Simon Lenagan is an Executive Director, Adrian Lenagan is a non-Exec Director.

But Ian Lenagan is owner and an Executive Director which means he can't be involved in another football club according to FA rules.

I think that might be fishing with them dots on the end but i will respond anyway



Latics in the championship will still be worth a damn sight more than Leeds or Coventry as they are both in a poor financial state. Im not too sure what Sheff uniteds finances are like though.

At the moment though they are still in the premiership which means they are worth a few quid.

It's worth Lenegan buying Latics just to get ownership of the stadium.

I don't care what anyone says, any soccer club that turns over naff all in gate receipts, struggles to attract sponsorship, relies on Sky money and is staring relegation in the face is worth................f@@k all.

Lenegan is astute, Whelan is bored of his plaything and wants rid. He knows it's over. Watch this space.

There's nothing saying he has to use all the building. Use some, rent some of it out.

[size=50Wigan RLFC leagues club?????[/size

This.

Any club in the premier league could have zero gate receipts and they would still be worth millions. You might not like Latics but if you think they are worth fook all then your clearly mistaken.

They rely on sky money but nearly every sport that is on sky is exactly the same.

but in 6 months time will they still be in the premier league? lets hope not

Thats the major sticking point, their value will drop dramatically should they get relegated. Thats when IL might get a good deal if Whelan gets desperate to get shut of them because nobody will want to buy them at all then.

Latics haters/bashers also need to bear in mind that if Latics do get relegated and IL buys them that theres a good chance he will get them back up if he does a good a job as he has done with us.

Yes, but we will own them lol

How do you work that one out?

Because if Lenegan owns both then he is more than likely going to favour the team he bought first. Hes probably weighing up whether he would be required to screw us over and would he be happy to? Because sometimes Whelan has kicked us out because the FA kicked off not just because hes a tight bum.

Absolute fantastic thinking there. It's that kind of lateral thinking that's going to make this country great again.

So "we" own Oxford united then - superb.

No chance. He will favour whatever suits both parties best. If that means our fixtures moving like usual then it will happen.

Anybody who thinks that if IL buys Latics we will just walk all over them will be in for a massive shock if he does actually buy them.

It cant be any worse than what your generation as done to it

But it would be better to have the football club's owner in our tent p-ssing out, rather than outside p-ssing in all over us.

I'm not as old as Rogues!









(There's an open net for a whole host of age related jokes.)

No, Oxford United own us.

Quote ="ROBINSON"It's worth Lenegan buying Latics just to get ownership of the stadium. I don't care what anyone says, any soccer club that turns over naff all in gate receipts, struggles to attract sponsorship, relies on Sky money and is staring relegation in the face is worth................f@@k all. Lenegan is astute, Whelan is bored of his plaything and wants rid. He knows it's over. Watch this space.'" Piers Morgan certainly thinks so. twitter.com/#!/piersmorgan/statu ... 1567333376

Quote ="ROBINSON"It's worth Lenegan buying Latics just to get ownership of the stadium. I don't care what anyone says, any soccer club that turns over naff all in gate receipts, struggles to attract sponsorship, relies on Sky money and is staring relegation in the face is worth................f@@k all. Lenegan is astute, Whelan is bored of his plaything and wants rid. He knows it's over. Watch this space.'" Piers Morgan certainly thinks so. twitter.com/#!/piersmorgan/statu ... 1567333376

You've not read what I wrote, have you?

It will take a miracle for them to still be in the Premier League next season.

Yes i did. Its shown above and it is wrong.

If they get relegated, Latics' value will be low.

Sheff Wed was sold to Mandaric for £8m last year (well, technically for a pound, but he had to pay-off the Bank to the tune of £8m).

If Sheff Wednesday - a vastly bigger club, and with a much bigger stadium - are worth £8m, a relegated Latics would probably be worth £2m at best.

I don't think that would be out of IL's price range, despite the mutterings on Cockneymuppet.com that he is not wealthy.

Sheff Wednesday were in financial meltdown. Latics arent in the same boat as far as im aware. They will be worth less obviously if they get relegated but they wont be as cheap as people think.

Latics will also have the parachute payment money if they go down too.

I wouldnt be too sure. At the end of the 2009-10 season, the Guardian did an article on what debt levels were in the Premier League. Latics total turnover was £43m (of which £37m came from the TV pot) and their expenditure on wages was 91% - only beaten by Man City. Their only saving grace was that of the £73m debt, they only paid £900,000 in interest, largely because their debt is to Whelan. Even then, they posted an overall loss of £4m.

The parachute payments are now over 4 years - £16m in Y1 & 2, with £8m in Y3 & 4. Notwithstanding, that leaves a £21m shortfall in Y1, which can only be made up by cutting wages and selling players - something that any potential new owner is going to consider when making an offer.