Chairman: Dave Whelan
It is conservative to state that over 80% of Wigan's income comes in the form of cheques from the Premier League. The lack of commercial income to the club puts it on a permanent war footing when it comes to the challenge of breaking-even.
Owner and chairman Dave Whelan has publicly declared his desire to sell the club as he battles to keep it in the Premier League without it taking all of his fortune with it. Losses of £4 million and a wages-to-turnover ratio of 91% are unlikely to have changed since the last set of accounts. The lack of spending this summer (net -£5 million) shows the aim is to rely more on the ability of manager Roberto Martínez than the cash of Dave Whelan.
Profit Likelihood: 5/10
Its a shame that football clubs can't fill their gounds.
The premiership may be the best league in the world but it looks bad on tv when no ones in the grounds.
Anyone who believes that thetaxman gets half of the money paid to foreign footballers (and some home growns too) is deluded. They are using offshore companies as tax shields and paying very litlle if anything back to the UK. It needs sorting and quickly. Tevez has barely paid a penny in six years in the UK.
Beyond that they are overpaid anyway. All Premiership footballers should be on a base wage of not more than £2k per week which is enough for anyone. Then they can ber paid appearance money for playing for the first team, say £25k. Players on the bench are then paid proportionate to time on the field. That'll sort them out and stop clubs hoovering up all available talent.
Time to get this all sorted.
I get annoyed when people say the premiership footballers get paid too much... they are at the pinicle of a massive sport, and just like any other business that tries to maintain tallent within its ranks, thay have to pay thier employees enough so that another employer does not snap them up.
All players are actually getting the market rate for their services... well, except for Torres.
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