Betty,
I'm guessing (Correct me if I'm wrong Pete) that what Pete is
saying is, as briefly as I can put it:
1). How do you know what Bates is doing is 'untoward' and not what quite
possibly every chairman in football is potentially doing (i.e. cooking the
books). The manipulation of figures is what it all boils down to, how you
present one debt, balance it with another etc. If a posh accountant said
"Ah yes, what he's doing here is farming this money off here and putting
it down to x, y or z" Is your point that the money being hidden/farmed
off/lost however you want to put it, is only for Bates' good? If so, how
do you know that? You don't, or if you do then get yourself a very good
posh lawyer as well!!!!
2). Are we all being a bit niave (And lets face it, despite our best
intentions in some cases, to my knowledge NONE of us are fabulously
wealthy businessmen ho have earned millions by being at the front of a cut
throat environment. If you have please step forward and explain all!!!) in
believeing that an alledged (Again do we REALLY know) debt of £120,000,000
will simply disappear in 3 years thanks to some good bookeeping, a fire
sale and a few write offs WHILST STILL MANAGING TO RUN A PROFESSIONAL
FOOTBALL CLUB (That we as fans expect to be succesful)? In general,
football clubs do not make money, if they do it's a small profit (OK OK
excepyions to the rule noted).
The theory that the club will be better off in the hands of the fans is
ideologically brilliant, I'm not so sure it works for the 'bigger' clubs.
> I've replied to Pete off list.
>
> I think the arguments about why the club is where it is are pretty clear.
>
> I would urge everyone to download the latest copy of LUFC's accounts
> from companies house and get a posh accountant with a degree in plain
> English to run over them with you.
>
> It's certainly enlightened me.
>
> Yes that Ken Bates's truly the saviour of Leeds United but for whom?
>
> Rick is right and always has been the answer to this conundrum is in the
> hands of the fans. Always will be always has been.
>
> Betty
>
> thecasses wrote:
>> Betty and list
>>
>> Im a kinda facts and figures guy
>
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> 'I am in shock,' said Ferguson.
>
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'I am in shock,' said Ferguson.
