So is this all correct?

Discussion in 'Bulletin Board ARCHIVE' started by driver, May 4, 2007.

  1. driver

    driver New Member

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    Forward Sports Fund lend Uncle Ken ~10 million to buy 1/2 of leeds. Which is cheap because of all the debt.</p>

    But leeds still have huge debts.
    </p>

    Leeds go into admin, lose the ~&pound;35 million debt (a chunk of which is now owed to Forward Sports Fund).</p>

    Forward Sports Fund buy all of leeds for another 10 million, but minus the debts?</p>
     
    driver, May 4, 2007
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  2. pau

    paul.d Well-Known Member

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    crazy but probably legal? nt
     
    paul.d, May 4, 2007
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