20 questions re Leeds-very interesting

Discussion in 'Bulletin Board ARCHIVE' started by paul.d, Jul 30, 2007.

  1. pau

    paul.d Well-Known Member

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  2. Journo Tyke

    Journo Tyke Well-Known Member

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    Got emailed that by mate at work...

    Very VERY interesting... he couldn't answer any of them!
     
  3. pau

    paul.d Well-Known Member

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    but more importantly ..............

    can Master Bates answer them???
     
  4. Andy Mac

    Andy Mac Well-Known Member

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    Yes he can !

    But will he be made to answer them ? Thats the question.
     
  5. Gue

    Guest Guest

    Until Bates comes out and answers those

    I reserve the right to call him a dodgy crook.
     
  6. Dan

    Dan Well-Known Member

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    The answers are easy:

    Ken Bates has financial interest in all 3 companies. What is also interesting is that Elland Road is onwed and Leased back to Leeds by one of these companies.

    Had KPMG not sold to Bates (with backing from the 3 offshore companies) then Elland Road could have been sold off as an investment or at best case the charge for rent could have been increased to make in unfinancially viable to pay it. This would have left Leeds having to share with Bradford.

    Bates had all the cards and played them well. The new owners should not have the Golden Share given back to them though. It stinks, but I believe he hasnt actually done anything technicall wrong - you could argue the moral ground though.
     
  7. Spa

    Spartacus Well-Known Member

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    He hasn't done anything technically wrong

    I'll wager.

    Whether or not the authorities have the stomach to go out and prove it remains to be seen.
     
  8. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Sir Ken Bates to me if things carry on

    It will probably change for the better, but right now it appears the scum are in complete freefall.

    Especially as Lewis is out for over a month, and DOuglas is due to sign for Burnley. They have a squad of 12 or 13 senior players. The rest are kids, of which the best ones have left.

    Is it xmas all over again?
     
  9. Dar

    Darred Active Member

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    I Just Wish He'd Gone to Wednesday nt
     
  10. Dan

    Dan Well-Known Member

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    RE: He hasn't done anything technically wrong

    I dont know the legalities around the same person putting a company in admin and then buying it again - but the F.A are likely not to have a process for banning it.

    It stinks that Bates has done this - and there should be some punishment - but the F.A have not stated any such ruling so he is likely to get away with it - the F.A will then put a process in place so punishment can be made.

    If this is something that could happen its worth everyone football club owner in the land setting up an offshore company - selling the ground to them and then entering the club into admin. Thus wipping off the debt, keeping the ground and making it impossible for anyone else to buy them.
     

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