I might be very wide of the mark here, but I get the impression that Venky's are frightened to death or a proper investigation, into what really happened during the take over. There were allegedly some very dodgy things happening and plenty lined their pockets allegedly too. You only need to look at some of the players who arrived at the club, made no appearances and sailed off into the sunset. There were also plenty who were signed for crazy amounts, paid crazy wages and were nothing like the standard required, even after relegation form the premier league. I would hope, they would do the decent thing, write off the debt and hope that a proper investigation is not carried out.

The best of luck to them, as it was awful what happened to them and the chancer that did it, should never have been approved as fit and proper. The biggest danger to our clubs are people like him and the similar chancer who nearly did the same to BWFC. It is time that the fit and proper test was revisited and a a proper system brought in.

I know some people just want to bury their collective heads in the sand and get behind the lads, but is anyone enjoying seeing the lads play in front of around 10,000 fans, get stitched up for their drinks and food, no longer have a programme to read and seeing the stadium, decay around them?

Football Clubs That Go Into Administration: What Happens and Is It Really a Disaster? Back in May, the English Football League’s chairman Rick Parry told government ministers that ‘five to ten’ EFL clubs could go into administration in the wake of the coronavirus pandemic. Most have been left hopelessly out of pocket by the virus, with a £200 million ‘black hole’ quoted by Parry, and even clubs higher up the food chain have been feeling the pinch. Wigan Athletic, who at the time of writing had won more points in the Championship since Christmas than any other side, are the first team to be put in administration since the outbreak. And as per EFL sanctions, the Latics will be deducted 12 points should they finish outside of the division’s relegation zone. However, if they go down to League One, Wigan will start the new season on -12 points. Either way, it looks increasingly likely that they will be playing in the third tier in 2020/21. What’s all the more mind-boggling is that the administration comes just one month after a Hong Kong based consortium, Next Leader Fund, took over the running of the club. So should Wigan Athletic fans be fearful for their beloved’s future, or is being put into administration really as dramatic as it sounds? Here’s a look at how the administration process works. What Happens When a Football Club Goes Into Administration? Essentially, when a football club is unable to pay off its outstanding debts with its current cashflow, a firm of accountants – known as the administrators – are brought in to see if changes can be made to free up some spare funds. Typically, that involves the sale of players and perhaps even the club’s stadium or training ground, while the administrators may also call for changes behind the scene in order to cut costs. The administrative process also orders how payments are made, ensuring that players and staff are paid first and that debts such as outstanding transfer fees are also satisfied. The administrator’s main task is to prevent the club from being declared insolvent, and they try to do this by restructuring debts, selling assets (e.g. players) or by finding someone willing to buy the club and take on the debt. If the financial situation cannot be resolved, the administrator can recommend that the club be shut down through the liquidation process – as seen at the likes of Bury, Chester City and Darlington in recent times. What are the Punishments for Going Into Administration? You can’t really levy fines on a football club with no money. And so the EFL has sought ways to punish clubs placed into administration in other ways, and in 2015 the decision was taken to increase the points deduction from ten to twelve points. This can be put into place at different times – as seen in the Wigan example – and will either affect the current season or, in some cases, the club will carry the punishment over to the next campaign and start on -12 points. The points deduction was introduced to stop clubs taking a soft way out of debt by voluntarily going into administration without any repercussions. Is Administration the End for a Football Club? There is no real consensus as to whether administration is a necessary evil or the start of the process in which the Grim Reaper appears on the terraces armed with his trusty scythe. Here’s a list of clubs who have entered administration in the past ten years: Crystal Palace 2010 Survived Now in Premier League Portsmouth 2010 Survived Rebuilding in League One Plymouth Argyle 2011 Survived Back in League One Rushden & Diamonds 2011 Liquidated – Darlington 2012 Liquidated – Port Vale 2012 Survived Still in League Two Coventry City 2013 Survived Promoted to Championship Aldershot Town 2013 Liquidated – Bolton Wanderers 2019 Survived Relegated to League Two Bury 2019 Liquidated – Prior to 2010, the likes of Leicester City, Leeds United and Southampton all entered administration, and they have bounced back with aplomb – Leicester went from League One to Premier League champions in barely five years. Of the clubs that have entered administration since 2010, a number that are similar in profile to Wigan Athletic – Coventry City, Portsmouth et al – have taken their medicine and are now rebuilding well; both could be playing in the Championship in 2020/21. Of the four that have been liquidated, three – Aldershot, Rushden & Diamonds and Darlington – were playing in the National League at the time, and at that level it becomes incredibly difficult to find the investment required to survive. These are also clubs without any real saleable assets too. It is the cases of Bolton and Bury that will be worrying Wigan fans. Lancashire is well populated by football clubs in what is a largely cash-poor area, and so finding external investment is key – quite what Wigan’s new ownership team from Hong Kong have in mind is anybody’s guess. Bury simply could not find a way back from the brink, while Bolton – who have gone from the Championship to League Two in the blink of an eye, are also looking to work their way up from the bottom. Wigan have a good team and a savvy manager, and so they can only pray they find their way out of this predicament on the pitch as much as they find solidity off it. Update from me, as this was an article from 2020 Wigan look like they have found a way and I am sure it was not the prayers that did it. If they can survive, so can we. FOV

It is quite baffling that some supporters feel that way. I know the bulk of the posters on here are anti Venky's and there have been some questions, quite rightly asked about how we would survive without Venky's, but we are nearly 150 years old. we survived before they arrive and we will survive after they have gone. All they have ever done is increase our debt. we have had NO success with them and will always be in financial danger, whist they are here. We are a far bigger club than Derby (based on our success) and according to the experts they have a 95% chance of surviving. Get rid of our owners now for me and bring on administration, as if Derby have a 95% chance of surviving, our will be even higher. Venky's out for me and the sooner the better. FOV

That has been predicted and perhaps the changes will be akin to Derby. Derby County: Club have '95% chance' of survival, say administrators - BBC Sport

It has to end somewhere, as I am sure in another 10 years, with the possibility of the debt doubling, Venky's won't still be around. Unless they are prepared to carry on losing £20 million every season, something will eventually give and we will then be in administration. It WILL happen at some point.

And mine too, without a shadow of a doubt.

Just check Bolton Wanderers story out & Wigan and yo will see the way. It is not all doom and gloom as you suggest. Venky's have saddled us with this debt, so if they want their money back, they put us into administration and the administrators, look for a suitable buyer, who buys us out of admin, with a business plan and the funds to carry on running the club. They will get very little back and it is the football creditors, who create the problem, but there are ways of dealing with that. I guarantee Derby will survive and so would we.

What and score less than 5 you mean?

There is every chance he will have a release clause. His form up to the next window, is crucial for him and Rovers, not to mention, to a few fans too, who lumped on him to score 20 league goals.

That wouldn’t surprise me and would be a relief. Surely he owes Rovers some loyalty, after the faith we have showed in him?

A very strange one that. Blue and white with blue shorts was surely the best option.

A mute point I guess. If we have a player who has a 20 goal plus season and we sell him for a profit of £8 million, I would say he was a good signing and a good sale.

Carry on at the rate he is and he will be worth £15 at least. I have never thought of him as a good signing, but it could turn it that he was.

I think that’s why many will take a trip into administration to get rid of Venkys. Eleven years is far too long to be saddled with people, who are truly incompetent and if that’s the way to get them out, I would take it. Wigan, Bolton and Blackpool have all gone through it and all now seem to be progressing again. I am of the opinion, that we will have plenty of takers to buy us out of admin and start the journey back, with people who care.

If he continues the season like he has started it and we do have the one year extension, in theory he should be worth what Armstrong was, if not a bit more. Hopefully there is no sell on clause either, so he could well turn out to have been a good signing.

It’s pretty straight forward to do your homework on us at the minute. Log on to this site and see what most fans think, yet the manager doesn’t. Almost everyone who cared to comment knew the same back line as Huddersfield was going to mean handing the points to the opposition and that proved to be the case. I don’t know how much Mowbray is being paid, but if he can’t see what the average fan can, then it’s time to hold your hands up and admit, your time is up.

There is a strong chance he will come back with a new contract. Ability to do the job, is not a pre requisite with these owners. In fact, you are likely to be given the thumbs up, if they like you and you have a likeable wife.

It’s a huge problem what is being allowed to happen, with players contracts. I’m sure there is a great deal of difficulty, getting the balance right between being held to ransom with a player and them walking away for free, but the Bosman rule has been with us for years now. If Waggot is the one tasked with getting this right, he needs replacing immediately. If the owners are unable to sort this out in 11 years, then you have to wonder if they ever will. If they still don’t get it now, then they should not be allowed to carry on. After all the once described the club as their baby and how the would respect the Jack Walker legacy. All I see is total disregard for the whole set up and it’s no longer acceptable.

You bet. This money trail must have been buried very deeply.

Just 50p. I don’t gamble much to be honest and would be happy with £250 of it comes in.

It’s amazing what a glass full of confidence can do for someone.

It’s a disappointment losing and yet again, the feeling that this is the start of a bad run, is bound to surface, due to that being a regular feature, under this manager. It makes Saturday big in more ways than one and given the likely weakened defence , it becomes a big worry. The best form of defence is attack, so I think we need to go at them on Saturday and try to get the positive start, firmly cemented and go into the international break on a high. Hopefully the break will give us the chance to get the injured players back and have some impetus again. It will be a long two week break, should we lose.

Don’t worry, changes are on the horizon.