According to Conn we are losing about £1m per month! and according to the FT, on the 29th of January Flowers of Enterprise Insurance issued a Winding up Petition on Leeds United Football Club Limited due to unpaid loans. The later may be a negotiating bid by flowers' consortium but it could also lead to administration as GFH have nary a pot to piss in anymore.
The problem that I have with new group trying to take over Leeds is that they may have the money to buy the club BUT do they have enough to cover £12m per annum loss, buy back the ground and TA AND invest in new players, as they are all just Businessmen I suspect not. TBH I think its all Bates' fault! ttfn Richard _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] John 'Grampa' Sykes Rest In Peace old lad 28th Oct 1938 - 12 Nov 2013 MARCHING ON TOGETHER
