Need to see and understand some more details behind the whole admin thing before we can understand what's really happened.
Just caught the back end of a SSN piece with a Prof from some school somewhere (not Bill G - whatever happened to him??), saying that it was probably a shrewd move and the 35M mentioned is probably just the short term debt and the real number is more like £50M. The fact that the administrators have put the club straight back into the hands of KB as the major creditor kind of pisses on the chips of those who said all along that KB hadn't stuck a penny into the club. Will be interesting to see what happens with Teak trading now - I guess this will force their hand to an extent. Maybe it was Bates all along, in an attempt to secure ER? Will we ever know?? Andy C _______________________________________________ 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 The Leeds List - "where never is heard a discouraging word..."
