OK, FWIW here's my take. Our wage bill has skyrocketed, we invested 
significantly in the coaching staff, in financial terms the club like almost 
all others has running costs that vastly outweigh income and AR is unwilling to 
put any more of his money into the club or sell to 3rd parties.

The expert interviewed thought AR was acting on a sensible.  I know listening 
to experts is unpopular nowadays, but unless you can come up with a flaw on his 
arguement, just being a contrarian is wearing a bit thin.

With the owners, staff and manager we've just had the best season for nearly 2 
decades.  Always talking a negative view, will statistically show you to be 
right more often that not due to the inherent restricted nature  of success in 
football, but its it a tad dull and wearing?

Sent from my Mobile.

________________________________
From: Richard Walker <[email protected]>
Sent: Thursday, August 8, 2019 10:10:44 PM
To: Leeds List <[email protected]>; [email protected] <[email protected]>; Richard 
Naef <[email protected]>
Subject: Re: [LU] Graham smyth

I read the article and got no answers only that they'd refused another £35 
million of offers.

Yes we don't want another Ridsdale situation but 27 million out and not a penny 
spent in can be considered sensible or just lacking in ambition.

As I say, promotion on the cheap hopefully.

On Thursday, 8 August 2019, 22:07:08 BST, Richard Naef 
<[email protected]> wrote:


I think youll find answers to a few of the questions you raised and context for 
the decisions made.  We all lived through the excesses of Ridsdale and asset 
stripping of Bates, so ARs way of doing it seems sensible.

Sent from my Mobile.

________________________________
From: Leedslist <[email protected]> on behalf of Richard Walker via 
Leedslist <[email protected]>
Sent: Thursday, August 8, 2019 9:36:26 PM
To: Leeds List <[email protected]>; [email protected] <[email protected]>
Subject: Re: [LU] Graham smyth

no worries Dave - got it from YEP
    On Thursday, 8 August 2019, 21:14:31 BST, Richard Walker via Leedslist 
<[email protected]> wrote:

  Dave, Could you C&P this article please. When I tried to access via Twitter 
it told me I had to subscribe to read.
    On Thursday, 8 August 2019, 17:25:42 BST, [email protected] <[email protected]> 
wrote:

 Worth reading his articles / interview with Kinnear
Says how buying a proven championship goal scorer is a "myth" and explains our 
plan re ffp etc
Talks some sense
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