IAN Lenagan today said the Wigan club’s future is “even safer” after his personal fortune swelled by a staggering £19m.
The Warriors’ owner and chairman pocketed the tidy sum last Friday after selling his software business to a management team.
Until now, Lenagan has balanced his role in charge of the Super League giants with his involvement at WorkPlace Systems, the firm he founded 26 years ago.
But after the £41m buy-out, he will now have more time on his hands to concentrate on Warriors matters – and a lot more money in the bank.
It would be ludicrous to suggest the development safeguards Wigan’s future because, as Lenagan stressed, it was already on a rock-solid footing.
The Warriors – who hold a long-term lease to continue playing at the DW Stadium until 2050– are turning in a profit and are not relying on the handouts of their millionaire benefactor.
But as the 65-year-old reveals for the first time his plan for his sons to succeed him as the club’s owner, he admits the personal windfall from the sale of the business does bring with it an added reassurance.
Speaking exclusively to the Observer, Lenagan said: “Wigan can financially stand on its own two feet.
“But from a family point of view, my two sons – who are 41 and 36 – will eventually inherit Wigan.
“They’re both Wigan fans and the more wealth the family has then the safer you are, obviously.”
Full story in this week’s Wigan Observer ...