leeds and watford agree deal so losers take a million

Discussion in 'Bulletin Board ARCHIVE' started by Chef Tyke, May 15, 2006.

  1. Che

    Chef Tyke Well-Known Member

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    and bates takes a swipe at P.Riddy

    Losers in line for final windfall

    Leeds chairman Ken Bates
    Watford and Leeds United have agreed that the Championship play-off final losers will keep the gate receipts.
    The pair are continuing a convention with the loser keeping the £1.3m receipts, with promotion to the Premiership worth £30m.

    Leeds chairman Ken Bates told the Yorkshire Evening Post: "We've agreed with Watford, as is the tradition.

    "Because the winners get so much money, the team that loses keeps the money from the final."

    Bates added: "The worst case scenario is that we will walk away with £1.3m and that will be going on ground improvements.

    "This season we budgeted for finishing in mid-table and getting knocked out of both cups.

    "We budgeted to make £50,000 in both cups but we made £540,000. That's how to run the business, not expecting to win the Champions League every year."
     
    Chef Tyke, May 15, 2006
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  2. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Does the same apply to the Div 1 final

    Just wondering if that is how we clear our debts for this year - reach the final and lose?
     
    Farnham_Red, May 15, 2006
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  3. Che

    Chef Tyke Well-Known Member

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    no its an agreement between the two clubs mate

    so would only apply if we agreed with swansea if we got there
     
    Chef Tyke, May 15, 2006
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  4. Redstar

    Redstar Well-Known Member

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    Says Ken

    who ran Chelsea worse.
     
    Redstar, May 15, 2006
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  5. Journo Tyke

    Journo Tyke Well-Known Member

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    RE: no its an agreement between the two clubs mate

    But there aren't the same financial rewards to get promoted to the Championship. There are some, but probably no more than half the gate receipts from the Final.
     
    Journo Tyke, May 15, 2006
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  6. Den

    Denby Dale Tyke New Member

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    Oh Ken.the saviour of Chelsea.?

    Without the Russian one they would have been the first and the biggest name to go under.FACT.
     
    Denby Dale Tyke, May 15, 2006
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  7. Che

    Chef Tyke Well-Known Member

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    RE: no its an agreement between the two clubs mate

    quite
     
    Chef Tyke, May 15, 2006
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