Hmmm, anybody would think the debt had been manufactured in order to take us
in to admin. Did I say that out loud?

Si.

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of John Boocock
Sent: 09 May 2007 22:32
To: [email protected]
Subject: [LU] 32 Million My A*rse

And just in case you are worrying about 32 million pounds worth of debt:

here's what Ken The Truth Bates said in September 2006 in his  
programme notes:
===============================================================

So, at the end of the Kevin Blackwell era, where are we? A lot has  
been achieved since 2004. Of our 24 strong squad (excluding 2  
goalkeepers who don’t count for this calculation) 16 are under 30,  
some are very young. The Academy is one of the best in the country  
(Chelsea can testify to that). We have greatly reduced our costs and  
improved the efficiency of the Club’s administration, we have taken  
the programme and Leeds Leeds Leeds back in house. We now run our  
official website and have our own Radio Station, the Merchandising  
has improved both in quality and choice which reflects in our  
increased sales and we have successfully launched Leeds Members Club.  
We have spent nearly £5m on the Stadium which was falling apart and  
greatly improved facilities for fans.

At 30th September our old debt will have been reduced to £6.581m as  
detailed below and we are owed money from Chelsea for stealing Woods  
and Taiwo. Next season our wage bill will halve. We have achieved a  
great deal and have much to be proud of.

                                £m      
PAYE/VAT                3.2
Ex Players              2.61
                                £5.81m

Surely administration should never have been on the cards or do  
improvement, efficiency and achievement mean something else to a tax  
exile?

Betty
_______________________________________________
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..."



_______________________________________________
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..."

Reply via email to