Leeds to be financially challenged

[Matt]

Sounds an odd rule, but if so I imagine the three we'll bring in will be Leon Constantine, Flo/Thompson/Marques and Ankergren.

[Crybaby Bunting]

I guess it makes sense, for if Leeds get a couple of injuries they won't have enough players to compete.

[Matt]

Reserves and youth players ?

[Gareth7]

There was talk in the papers today that former Hull chairman Adam Pearson is looking to buy the club, think he might have been a director until Ridsdale previously

[Matt]

The name rings a bell, but I expect Revie/Morris/Franks/The Arab will buy us. So long as someone buys us; I won't be bothered if it's Ridsdale - so long as he fucks off before he can spend any money.

[Thomas]

DIRTY DIRTY LEEDS

[Jam]

I think Krasner said that Morris and Revie (along with possibily Pearson) may join forces to make a super consortium. That would be a good short term option but I'd question their long term ambitions significantly. I'd like to see us go Redbus route, seems the safest bet. Other thing I found out is we can't negoicate sponsorships in administration, so we may do a Barca and play without one

[Gareth7]

I think Krasner said that Morris and Revie (along with possibily Pearson) may join forces to make a super consortium. That would be a good short term option but I'd question their long term ambitions significantly. I'd like to see us go Redbus route, seems the safest bet. Other thing I found out is we can't negoicate sponsorships in administration, so we may do a Barca and play without one

[Matt]

We've already got a deal with Safestyle UK. And I'd heard about the Revie/Morris consortium, but it sort of died away quickly and was replaced with the Revie/Sheikh theory; so long as they save my team I'm not fussed.

Edit: I'm inclined to think Revie might buy us, or at least bid, I can't see him wanting to let the club his dad spent 10 years of his life building up die.

Edited July 8, 2007 by - Matt -

[Stone Cold]

Leeds United has been resold to former owner Ken Bates for an undisclosed sum.

The move comes five days after Leeds' administrators, KPMG, said they were selling the club because of a legal challenge from HM Revenue & Customs.

HM Revenue & Customs had mounted a legal bid to block Mr Bates' earlier attempt to buy back the club and give its creditors just 8p in every £1.

It is currently unknown how much of Leeds United's £35m debt Mr Bates now intends to pay off.

KPMG had earlier said that unless the club was able to leave administration, the Football League may not let it start the season.

[Matt]

Oh fuck right off. Hope the old bastard croaks it; roll on the abuse come Friday night. At least I'm guaranteed my season ticket under Bates.

[Kwanzabot]

Have we got a game this Friday?

[Matt]

York away.

[Kwanzabot]

Urgh. I'd have considered going to bombard Bates, but I can't be arsed travelling out there, especially since he probably won't even be there.

[Matt]

Yeah, but he'll get told about it. <_ and if not it be fun anyway. i was going to go regardless only up the road.>