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Khosla's Return

By Olde School Ks (OldSchoolKs)2/7 08:07Thu Jul 2 08:07:28 2020

Views: 1664

No football fan wants to see whats happening to Wigan and when Beggbies Trayner are the administrator appointed you have to fear the worst.
It seems bleak for Wigan and others coming down the line but as we at Ks know,it could mean the rise of the "Khosla" types raising their heads once again.One may wonder if the little book of names of those waiting to asset strip a club is open once again.
Various names on the high street are struggling and may go where others have gone but for anyone who falls by the wayside there is an money man waiting to pick up the pieces.These people cant wait for a rescession to pick up any scraps.Beware

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Re: Khosla's Return

By Paddy (Paddy1)2/7 12:39Thu Jul 2 12:39:12 2020In response to Khosla's ReturnTop of thread

Views: 1005

Wigan will be alright, there's the 'fit & proper persons' test for prospective EFL club owners that will make sure they are ok.

What's the font for sarcasm?

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Re: Khosla's Return

By RichardNW2/7 14:39Thu Jul 2 14:39:33 2020In response to Re: Khosla's ReturnTop of thread

Views: 897

Yes- it seems quite incredible that the new owners passed all the "stringent" tests a couple of months back and then couldn't see it through to the end of the season. Caymen Islands link seems a bit iffy too.

Also the 12 point deduction rule seems not quite right- if they can finish 12 points clear of relegation they can avoid it, if they finish above the relegation places but less than 12 points then they get relegated both of which is sort of fair, but then if they end up in the relegation spots they effectively get punished double by a 12 point deduction next season. I can see this just being the start of the administrations so league tables are going to start looking ridiculous next season- a stay out of administration and you probably stay up type thing.

Maybe they have already had their Khosla moment in reverse with owners dumping at the first sign of trouble. Very sad for my adopted town as the DW is the focal point of a sprawling complex of shops, restaurant, cinema etc and, not that I like Rugby, but you have an excellent stadium supporting two sports. Compared to Bury I think there is a lot more potential to make it work with loads of function rooms serving the wider community. Can't see them turning it into houses but no doubt the vultures will be circling.

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Re: Khosla's Return

By John Bangs2/7 14:19Thu Jul 2 14:19:11 2020In response to Re: Khosla's ReturnTop of thread

Views: 896

Sadly Mr Khosla would have passed the fit and proper test.

Hardly anyone ever fails it!

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Re: Khosla's Return

By Paddy (Paddy1)2/7 14:23Thu Jul 2 14:23:09 2020In response to Re: Khosla's ReturnTop of thread

Views: 895

Hence the sarcasm.

At least the cherished 92 get the lip service. Below that it seems it's a free for all for shit & bust merchants or money launderes.

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Re: Khosla's Return

By John Bangs2/7 14:27Thu Jul 2 14:27:08 2020In response to Re: Khosla's ReturnTop of thread

Views: 891

Spot on - you sum it up perfectly

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Re: Khosla's Return

By K's19602/7 18:20Thu Jul 2 18:20:01 2020In response to Re: Khosla's ReturnTop of thread

Views: 842

Like a bad penny and there's a lot of them about

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Re: Khosla's Return

By RichardNW21/7 23:44Tue Jul 21 23:44:15 2020In response to Re: Khosla's ReturnTop of thread

Views: 441

Presumably Wigan can get 10k signatures on their own but would be nice if a few people on here sign it.

https://petition.parliament.uk/petitions/331589

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Re: Khosla's Return

By K's196022/7 08:36Wed Jul 22 08:36:14 2020In response to Re: Khosla's ReturnTop of thread

Views: 415

Good idea.

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