> > Interesting to see in the Peacock letters that Simon Morris says > > > > "4th/5th May 2007 - Leeds FC relegation (CASH FLOW DRIES UP) > > > > As I have been saying... Leeds had to go into Admin and should have done
> > so > > a long time ago. Still there are people behaving like Bates really had a > > choice... > Erm, Bates is one of those people, or why else would he blame HMRC? Why > else would his programme notes (as quoted by Betty) have talked about debt > being paid off? Like I have said before - Leeds should have gone into admin a few years back, but the stubborness and greed of the owners has delayed it untill now. This does not exclude the greed and stubborness of Bates. By taking the club into admin, there is always the chance that you will not get it back so of course the current owners try to delay or prevent it as much as they possibly can or else they do not have a "product" to sell. Leeds should have gone into admin already in our first season in the Championship - then we would have somebody owning a club with manageable debts, and still have some of our valuable players on our books, so selling them would have generated income for the club instead of continuing to service debts that we were simply not able to service in the long run. Einar. _______________________________________________ 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 Join The Leeds United Supporters Trust at www.lufctrust.org
