Wigan Latest - Arthur thomas resigns.

Wigan Latest - Arthur thomas resigns.

Post by Paul Matthe » Thu, 30 Oct 1997 04:00:00


Arthur Thomas has resigned as chairman of Wigan, selling all his shares to John
Martin, who is now chairman.

Comment is that it now looks like Wigan will be sharing Robin Park, but I'm not
sure I beleive that yet!My thought tomorrow.
--
Paul Matthews                          
http://www.triton.u-net.com

Znqr lbh ybbx!

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Paul Matthe » Fri, 31 Oct 1997 04:00:00



Quote:
>Arthur Thomas has resigned as chairman of Wigan, selling all his shares to John
>Martin, who is now chairman.

John Martin is NOT chairman. I heard the name of the bloke, but can't remember
it - he was decribed as a local businessman.

Paul Matthews
http://www.triton.u-net.com


 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Paul Matthe » Fri, 31 Oct 1997 04:00:00



Quote:
>Mike Nolan.

That's the one. Anyone know anything about him?

Paul Matthews
http://www.triton.u-net.com


 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Paul Matthe » Fri, 31 Oct 1997 04:00:00



Quote:

>Mike Nolan. He was the one kicked out of the popular pop combo The Nolan
>Sisters for having a beard.

Wasn't Mike Nolan in Bucks Fizz?

Paul Matthews
http://www.triton.u-net.com

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Vibrating Bum-Faced Goa » Fri, 31 Oct 1997 04:00:00


: >Arthur Thomas has resigned as chairman of Wigan, selling all his shares to John
: >Martin, who is now chairman.
: >
: John Martin is NOT chairman. I heard the name of the bloke, but can't remember
: it - he was decribed as a local businessman.

Mike Nolan. He was the one kicked out of the popular pop combo The Nolan
Sisters for having a beard.

--
Chris PRR Russell          
Electronic Imaging Dept.
University of Bradford
Tel: +44 1274 385463

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Paul Matthe » Fri, 31 Oct 1997 04:00:00



Quote:
>Arthur Thomas has resigned as chairman of Wigan, selling all his shares to John
>Martin, who is now chairman.

Having thought about this for a little while, I am a touch uneasy. To mee, John
Martin, and a ground share at Robin park to not feel right together - we all
know how keen he was to stay at CP. No doubt Phil is seriously celebrating.

I would like to see what announcments come out today - has anyone heard? ant
news from our official correspondent?

Paul Matthews
http://www.triton.u-net.com

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by Mr P Halliwel » Sat, 01 Nov 1997 04:00:00



Quote:
> Why?  Wigan are moving away from CP.

Well Martyn and Nolna now have 3 years to try and rebuild Wigan RLFC and
maybe redevelop Central Park, Start a new ground building plan or buy into
Robin Park.  Either way it's three more years to get their act together
with Tesco's always in the background as a safty net.

Quote:
> OK the old board has gone but hardly under what I would consider ideal
> circumstances.

The cartaker board were never brought in under ideal circumstances.

Quote:
> Thomas was not outvoted at the shareholders meeting, he was forced out.

But he said he would have resigned stood for re-election at the EGM anyway.

Quote:
> From what I have read the club was bankrupt and if the new board had not come
> in that would have been it.  Well that is what the new board are saying but I
> think if that was the case it would have looked much better for the

issue to > be decided at an EGM rather than Martyn forcing Thomas out.

Martyn and Nolan do not hol debenture stock and will have to stand for
election at the EGM just like any other board members.  All the debenture
stock will be reopaid and owned by "The club" and not a person.

Quote:
> Martyn has Thomas's shares now.  Bet he could have got them for 50p under
> the circumstances.

He can sell me 8 shares cheap now then.

Quote:
> Are they debenture shares?  If so will Martyn give them up so (as SAC want)
> holders of ordinary shares can "control" the club?

See above.

Quote:
> It seems we have exchanged one set of local businessmen for another set one
> whom (Martyn) I have always had serious doubts about.

Well at least Nolan was a player and a very successful businessman.
He sound initially like a shrewd man and is making the right move in
getting in a top financial expert to sort out the clubs money situation
first.

Quote:
> The BIG question for SAC though, is what now as regards CP???
> Will they still be going to Tesco to try to get them to pull out of the deal?

For the SAC it gives us a lot of joy to see a new and better board.
John Martyn always backed us both with money and time.  We used his club
free for our meetings.

I have always said that I will adhere to the financial advice given by
the professionals and a board that has sound management skills.
One professional bit of advice was that Wigan do not sell the ground until
a new perminant ground is secured within the borough.  Something that can
now be realistically achieved.  Note that Nolan and Martyn have not said
we will play at Robin Park.  it is just Whelan who said we can play there
if we want to.  And it is his ball after all..!  So I am still uncertain
about accepting his offer unless the ground can be on a 50/50 ownership
basis.

I will be very very sad if CP has to go.  But at least under this
rageme we will know they have the potential to make Wigan great again
and I hope they can keep all thier promises otherwise the fans will be
rejecting them as well and then where would we be ?

--

The official Wigan Warriors RLFC news site and Superleague Info.
.
As important as the right to free speach is the right not to listen....!

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by WiganRLf » Sat, 01 Nov 1997 04:00:00



Quote:
>Having thought about this for a little while, I am a touch uneasy. To mee, John
>Martin, and a ground share at Robin park to not feel right together - we all
>know how keen he was to stay at CP.

Same here and don't forget that it Martyn was the only member of the old board
to favour the ***buy out deal with Whelan.  Now we are off to Robin park with
Whelan.

Now IMO Robin Park was always the only solution to keep the club in the town
once the Tesco deal was done but because of his ties with Whelan and his
previous record on the original Whelan deal, Martyn is not, IMO, the man to be
negotiating such a move.

It seems Wigan can stay at CP for 2 or even three years which gives Martyn two
or three years more to earn from the Riverside.

What I don't know is how this affects when the Tesco cash arrives.

Quote:
>No doubt Phil is seriously celebrating.

Why?  Wigan are moving away from CP.

OK the old board has gone but hardly under what I would consider ideal
circumstances.

Thomas was not outvoted at the shareholders meeting, he was forced out.

From what I have read the club was bankrupt and if the new board had not come
in that would have been it.  Well that is what the new board are saying but I
think if that was the case it would have looked much better for the issue to be
decided at an EGM rather than Martyn forcing Thomas out.

 Martyn has Thomas's shares now.  Bet he could have got them for 50p under the
circumstances.

Are they debenture shares?  If so will Martyn give them up so (as SAC want) the
holders of ordinary shares can "control" the club?

It seems we have exchanged one set of local businessmen for another set one of
whom (Martyn) I have always had serious doubts about.

The BIG question for SAC though, is what now as regards CP???

Will they still be going to Tesco to try to get them to pull out of the deal?

Dave
--
Wigan RLFC - Simply the best -
but trying hard to become the worst :-(

(remove the letter t from clarat if replying via email)

 
 
 

Wigan Latest - Arthur thomas resigns.

Post by WiganRLf » Sat, 01 Nov 1997 04:00:00



Quote:


>> Why?  Wigan are moving away from CP.

>Well Martyn and Nolna now have 3 years to try and rebuild Wigan RLFC and
>maybe redevelop Central Park,

I am certain the new reports I have seen state the new board have said the sale
to Tesco is a done deal.

What they have got is that Wigan RL don't have to move from CP for 2 or 3
years.

That would not have bother me if we had played at the Reebok but I bet it would
have bothered Martyn with no more Riverside club.

Quote:
>Start a new ground building plan or buy into
>Robin Park.  Either way it's three more years to get their act together
>with Tesco's always in the background as a safty net.

So Phil, a couple of questions.  what are SAC going to do as regards the Tesco
deal?

Are they going to continue to try to persuade Tesco to pull out?

Quote:
>> OK the old board has gone but hardly under what I would consider ideal
>> circumstances.

>The cartaker board were never brought in under ideal circumstances.

But I thought you said in the past what you wanted was aboard elected by the
shareholders?

Quote:
>> Thomas was not outvoted at the shareholders meeting, he was forced out.

>But he said he would have resigned stood for re-election at the EGM anyway.

>> From what I have read the club was bankrupt and if the new board had not come
>> in that would have been it.  Well that is what the new board are saying but I
>> think if that was the case it would have looked much better for the
>issue to > be decided at an EGM rather than Martyn forcing Thomas out.

>Martyn and Nolan do not hol debenture stock and will have to stand for
>election at the EGM just like any other board members.  All the debenture
>stock will be reopaid and owned by "The club" and not a person.

Repaid by whom?  The club?  From what funds?

Quote:
>> Martyn has Thomas's shares now.  Bet he could have got them for 50p under
>> the circumstances.

>He can sell me 8 shares cheap now then.
>> Are they debenture shares?  If so will Martyn give them up so (as SAC want)
>> holders of ordinary shares can "control" the club?

>See above.

Fair enough.

Quote:
>> It seems we have exchanged one set of local businessmen for another set one
>> whom (Martyn) I have always had serious doubts about.

>Well at least Nolan was a player and a very successful businessman.
>He sound initially like a shrewd man and is making the right move in
>getting in a top financial expert to sort out the clubs money situation
>first.

where does Nolan come in?  How come he ends up being chairman?  has he any
shares?

If so where did he get them from?

Quote:
>> The BIG question for SAC though, is what now as regards CP???
>> Will they still be going to Tesco to try to get them to pull out of the deal?

>For the SAC it gives us a lot of joy to see a new and better board.
>John Martyn always backed us both with money and time.  We used his club
>free for our meetings.

But have you ever questioned his motives?

Quote:
>I have always said that I will adhere to the financial advice given by
>the professionals and a board that has sound management skills.
>One professional bit of advice was that Wigan do not sell the ground until
>a new perminant ground is secured within the borough.  Something that can
>now be realistically achieved.  Note that Nolan and Martyn have not said
>we will play at Robin Park.

Are you sure?

Quote:
>  it is just Whelan who said we can play there
>if we want to.  And it is his ball after all..!  So I am still uncertain
>about accepting his offer unless the ground can be on a 50/50 ownership
>basis.

I guess you had better ask Martyn what his plans are then.

Quote:
>I will be very very sad if CP has to go.

So will I, but I actually think it's already "gone".

Quote:
>  But at least under this
>rageme we will know they have the potential to make Wigan great again
>and I hope they can keep all thier promises otherwise the fans will be
>rejecting them as well and then where would we be ?

I don't know but after all the problems with the last lot this lot will be
judged very critically.

Dave
--
Wigan RLFC - Simply the best -
but trying hard to become the worst :-(

(remove the letter t from clarat if replying via email)