How would anyone have been making themselves unemployed by winning at Wembley? They all had contracts, and no-one's was up at the end of last season. Plenty of players play in play-off finals knowing of the team wins they may well struggle to maker the step up. Only Leeds fans would be so paranoid as to think that would make them throw the match.
The financial benefits of promotion are clear and massive, and no-one could have known at that time whether we would have stayed up as a result. On the opposite side, the payments to the old bondholders are vague, and figures of 5,000,000 were bandied around. A fraction of what promotion is worth. The idea that there was a clear and deliberate plan to lose that match is insane conspiracy theorising with no substance at all and frankly a bit stupid. IMHO. As anyone was there on the day can attest, there was no conspiracy theory, we just failed to turn up. They were better tactically, mentally and physically prepared, allied with some shocking team selection by Blackwell. That result was the logical manifestation of our form since February and was in no way inconsistent with how we had been performing. The inconsistent and bizarre performance was the cracking effort away at Preston! Each to their own though! D -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Behalf Of Scratchinshed Sent: 15 January 2007 23:29 To: [email protected] Subject: Re: [LU] we're cursed! ----- Original Message ----- > Was there not some sort of clause that if we got promoted that year, we > would owe somebody some large amount of money? I seem to recall something > like this being mentioned. Promotion is one of the triggers which cause substantial payments to be due to the former bondholders. Promotion one season should have provided enough extra income to pay that payment for that season. The problem arises in that this payment is only the first in a long series of payments. What is not known is whether or not these payments are suspended should the club get relegated once more. It is possible that a promotion followed by a relegation could leave in place the long series of payments to be made to the bondholders which could be disastrous. It may also be that the promotion trigger is actually an "embarrassment clause" intended to save face for the bondholders should Leeds effectively bounce back up, and that it has a time limit on it, after which promotion is no longer a trigger. The devil is in the detail of the deal that Krasner did with Bingham McCutcheon. This presents a situation which is almost unthinkable. The favourite and more likely possibility is that the Turkeys decided not to vote for Christmas. Let's face it -for many of the players at Cardiff they would have been making themselves unemployed by winning. It is a very intriguing thing to ponder but something very strange went wrong in Cardiff. If I had not personally watched in massive confusion what took place at Wembley against Villa then I would not have believed such a thing possible at Leeds United. _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist 'I am in shock,' said Ferguson. ******* This message and any attachment are confidential and may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please telephone or email the sender and delete this message and any attachment from your system. If you are not the intended recipient you must not copy this message or attachment or disclose the contents to any other person. For further information about Clifford Chance please see our website at http://www.cliffordchance.com or refer to any Clifford Chance office. Clifford Chance LLP is a limited liability partnership registered in England & Wales under number OC323571. The firm's registered office and principal place of business is at 10 Upper Bank Street, London, E14 5JJ. For further details, including a list of members and their professional qualifications, see our website at www.cliffordchance.com. The firm uses the word 'partner' to refer to a member of Clifford Chance LLP or an employee or consultant with equivalent standing and qualifications. The firm is regulated by the Law Society of England & Wales. _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist 'I am in shock,' said Ferguson.
