----- Original Message ----- From: "Scratchinshed" <[EMAIL PROTECTED]>
> If you are talking about the time of the AF takeover then you don't get > it. > The creditors at that time understandably wanted every penny (for > themselves) that anyone making a bid could muster. Exactly >.... > It is not a given that we need Bates. What we needed was the Kransortium > or > a look-alike to get stage one out of the way. Exactly Put up or shut up basically. > .... > Fans won't retain much credibility if they think thay are going to "run" a > football club. Owning a football club is one thing but you have to leave > the > running of it to professionals in their fields. Exactly - but that goes for the money too, you won't even "own" unless you can walk the walk. We'd have Peter Sainsbury as owner now otherwise.......... If the cost of running this > club is going to be met exclusively from current income then the fans are > paying full whack already for it -without any ownership attaching to their > payment. I find it hard if not impossible to believe that we are living within our income at the moment. I think that at best we are deferring obligations of several million pounds every year (so that Bates could show an "operating" profit if he had to) and that our position this season means that we can't cod anybody anymore with projections of future income streams. What's a fans group going to do? Come up with several tens of millions of pounds? Damian _______________________________________________ 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.

