Seems to me it has allowed Bates to shake off / screw over certain ex
directors, lose the debt and come up smelling of roses.

How it can be allowed beggars belief. Surely as a creditor Bates should be
told to stand in line with his cap in his hand whilst the club is auctioned
off to the highest bidder. It sounds as though they are just selling it
straight back to bates without even trying to get a better price.

Of course I know **** all about finances so that is undoubtedly all
bollocks.

Si.


>-----Original Message-----
>From: [EMAIL PROTECTED] 
>[mailto:[EMAIL PROTECTED] On Behalf Of 
>[EMAIL PROTECTED]
>Sent: 04 May 2007 15:40
>To: [email protected]
>Subject: Re: [LU] Admin
>
>
>Excuse my financial and business ignorance, but exactly what has this
>achieved, and what does it mean for the club?
>
>Gaffer
>
>
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