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Cheng Family Worth (latics new owners)
Started by: Tommy Two Stroke (2305) Report abuse
New owners of the Latics have got a few bob in't bank ....

Have a look at this

https://www.forbes.com/profile/cheng-family/

$22.5 Billion dollars that family is worth, that is 16.13 Billion pounds

So thank yoo Mr Whelan for selling the club to a rich owner, who will bank roll the club back into the Premiership and Wigan Athletic will go onto conquer (vansquish) Man Yoonited and Man City etc etc

Posted by: Tommy Two Stroke (2305) Report abuse
Richest family in Asia own latics

Posted by: basil brush (9574) Report abuse
Let's hope they flash the cash and strengthen our squad.

Posted by: roylew (2683) Report abuse
Soon it will be 50 a ticket...and it will be yin yang park

Posted by: Tommy Two Stroke (2305) Report abuse
That is a good point that, are they buying the stadium and if the stadium is part of the deal, what will it be called ?

Mind boggles at the thought

Posted by: Tommy Two Stroke (2305) Report abuse
They are richer than that Sheikh Mansour, who owns Man City, he has only got $20 billion dollars, so if they buy the latics, the latics, that is Wigan Athletic, from Wigan, from Springfield Park and Tonker can't say that they don't come from Wigan, because they doo come from Wigan, they couldn't be more Wigan if they tried ...

Wigan Athletic will be the richest football club in the country

Well what about that then

Posted by: basil brush (9574) Report abuse
Hopefully they'll spend some money and we can get back in the premiership

Posted by: tonker (19201)   Report abuse
TTS, the richest person in Asia owns Samsung, and he's currently in the nick!

Posted by: lectriclegs (3073) Report abuse
^^^^^^^^^^^
Nah, they let him out on Monday.

Posted by: jarvo (28125)  Report abuse
...Richest club in the country, eh?

Link

...Owners of Wolverhampton Wanderers.

Posted by: tonker (19201)   Report abuse
... Richest club in the country, eh?


Let's get this right. Is the Chengs buying Wigan Athletic or is Wigan athletic buying the Chengs?

Posted by: roylew (2683) Report abuse
Bungs and back handers abound

Posted by: basil brush (9574) Report abuse
Who cares as long as they invest in us, pity there's not more comments from other supporters

Posted by: jouell (4386) Report abuse
basil, I'm not a supporter as such, as I live in the US...My Dad, was a avid supporter, from him being a young boy in the 1920s, ( when the Latics were on par with teams like 'Ashton Town') all the way to his death at the age of 83.. So, I do still follow the results and such.. No one these days spends money, without them wanting money back.. even though he is as rich as he is.. My concern then is : what happens if the price of tickets go up, and go up a lot to cover his costs.. Most Wiganers can't afford those high prices...

Posted by: basil brush (9574) Report abuse
But how do we keep up when we get back into the premiership if we don't get any investment

Posted by: jouell (4386) Report abuse
I know Man U fans, who have never been to a single Home game, never mind away games, because they can't afford the price of the tickets.. Wigan is a lot less expensive, but do they regularly fill the stadium? If not and the tickets get more expensive, because the new owner is making a investment..he wants a return on his investment..what then.....

Posted by: basil brush (9574) Report abuse
Our attendances have plummeted since our relegation.

But how can we compete with bigger clubs without investment

Posted by: Tommy Two Stroke (2305) Report abuse
Yoo can ask fireplace, but I bet Manchester Yoonited could sell out Old Trafford several times over, for each home game, there is a massive demand for tickets and season tickets, regardless of ticket prices, although I imagine most Yoonited supporters will think that they are too high.

Clubs like Wigan, then yes, the club could price out supporters, who are not prepared to pay silly prices for tickets ...

Posted by: jouell (4386) Report abuse
Only if HE,, the mega rich owner, puts His money in and not expects you and others to pay for everything by raising ticket prices.... Hey, I'm in Fl, were at the present time it is a balmy 70 F and sunny.. You were asking for comments from other supporters., I commented...just like you asked...

Posted by: basil brush (9574) Report abuse
We'll have to see, hopefully they'll put some money in and not raise prices because we need to get more in not scare them away.

There use to be lots of supporters on here

Posted by: Tommy Two Stroke (2305) Report abuse
All comments are appreciated and on about Florida, when we were there, we tried to get a ticket for one of the Miami Dolphins games at the Joe Robbie Stadium ...

We asked the hotel staff how we should go about it and they just laughed at us and explained that we had no chance

Posted by: laughing gravy (3467) Report abuse
tts sorry but thats BULLOCKS dont believe everything you here if you phone the ticket office at old trafford you WILL get a season ticket!! and dont believe that old chestnut that they sell out every game.....

Posted by: Tommy Two Stroke (2305) Report abuse
basil:

"There use to be lots of supporters on here"

Yes there did and you have frightened them away, yoo nasty little fox ....

Posted by: basil brush (9574) Report abuse
Not me, maybe the "nasty uns' but certainly not me.

They've not posted as much since we got relegated,

Posted by: Platty (105) Report abuse
Will Whelan take that statue with him?

Posted by: Tommy Two Stroke (2305) Report abuse
I hope not otherwise we will not have a lucky shoo to rub

Posted by: tonker (19201)   Report abuse
Are they only buying Whelan's share of the club?

Will Wigan council still be their landlords?

Posted by: Platty (105) Report abuse
TTS: That's not Whelan, that's the bloke in the park. Hope he takes it to Barbados with him.

Posted by: Platty (105) Report abuse
Tonker: Thought Lenaghan owned or was buying the land, might be wrong.

Posted by: Platty (105) Report abuse
Tonker: Was wrong, was thinking of Warriors.

Posted by: tonker (19201)   Report abuse
As well as being the landlords of the stadium, the council also own a good share of the club. I don't know, but it might be 27%. A government officer is on the board of directors. Or 'was'?

Wigan council will love that. They'll be bending over backwards to 'welcome' the Chengs "to the borough"!

Posted by: nyce horse (3336) Report abuse
Chinamex revived.

Posted by: aussie94 (1646) Report abuse

Posted by: roylew (2683) Report abuse
Greed greed greed...only one winner

Posted by: basil brush (9574) Report abuse
Our value as just doubled

Posted by: shauniebabe (832) Report abuse
Tonker you might know about maps but your well out on the stadium and deal!

The sale is for the full club including the stadium, the stadium is iwned by whelco and the council own a tiny percent less than 13%. I fully expect when the sale goes through that the council will be bought out of the stadium for a nominal fee. As for landlords if you mean leaseholder ive not a clue but im told the share in the stadium was in lieu of the land.

Posted by: nyce horse (3336) Report abuse
Wonder what Lenegan thinks about his "wonderful" rental deal now?

Posted by: gaffer (5962)   Report abuse
2008 council accounts


15. Long Term Investments

The value of investments held at 31st March 2008 is analysed below:




The Councilholds 10,214,000 fully paid 1 ordinary shares in Manchester Airport pie, 5% of the issued shares.

Wigan Football Company operates the JJB Stadium at Robin Park,Wigan. The Council holds 4,499,492 ordinary 1 shares which are 15/o of the total issued.

These are unquoted equity investments for which a reliable fair value cannot be established. There have been no market transactions that could be used as a basis for valuing these shares and the Council has no plans to sell the shares and no valuation has been done. They are valued at cost less impairment which follows the SORP guidance as recommended by CIPFA

Posted by: basil brush (9574) Report abuse
Well we are really playing well so let's hope we get a good price.

 
 
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