Dont worry, you still have the bet on Elvis being found in that moon base on the dark side of the moon.
Fingers crossed. -----Original Message----- From: Matthew Anderson [mailto:[EMAIL PROTECTED] Sent: 04 May 2007 16:07 To: [EMAIL PROTECTED]; [EMAIL PROTECTED]; [EMAIL PROTECTED]; [email protected] Subject: Re: [LU] Admin we are relegated! my £10 on a 9-0 win tomorrow is wasted! Still, its not by any means a good thing but I think its the best thing we could do! I am strangely impressed by Bates. This turn of events and the speed with which he has done it seems on the face of it to be the most competant act undertaken by any leeds official in the last 10 years! >From: "Mark Humphries" <[EMAIL PROTECTED]> >To: "'Simon Hart'" <[EMAIL PROTECTED]>, ><[EMAIL PROTECTED]>,<[email protected]> >Subject: Re: [LU] Admin >Date: Fri, 4 May 2007 15:59:55 +0100 > >Not really. We had less than 24 hours to go into admin. Bates, as the >major creditor, only had to convince the administrator that, following >relegation, the debts over the company could wipe it out, as might a -10pt >deduction next season. It would be in the best interests of all the >creditors to do this now and not risk -10pts next season. > >Im sure if the administrator had a bit more time to investigate if anything >better would turn up then he would have. > >This is good news for LUFC (yes, and Bates too) because it now means, once >and for all, our debts will be cleared and anyone wanting to take over the >club can see their cash being used to improve things, not just service >existing debts. > >Im sure others will disagree with me though, but at least I have given the >reasons I think its a good thing! > >-----Original Message----- >From: [EMAIL PROTECTED] >[mailto:[EMAIL PROTECTED] On Behalf Of Simon Hart >Sent: 04 May 2007 15:51 >To: [EMAIL PROTECTED]; [email protected] >Subject: Re: [LU] Admin > > >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 > > > > > >----------------------------------------- > >This communication is for informational purposes only. It is not > >intended as an offer or solicitation for the purchase or sale of > >any financial instrument or as an official confirmation of any > >transaction. 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