----- Original Message -----
- Did GFH know all this, but did not give a damn and still sold him the
Club?
- Did the FL know this, but their rules are useless and couldn't prevent
Cellino from buying the Club?
- Does Cellino have a future at Leeds?
Yes GFH knew all this and their plan was to get Cellino to fund the club to
the tune of millions and then for him to fail to get FL approval to be a
club owner. The club then reverted back to GFH and probably be put into
administration with an attempt at a pre-pack. Together Leeds (as was)
provided the FL with sufficient proof of funding (as willing buyers) to make
a pre-pack admin under GFH untenable and much to the surprise of GFH,
Cellino won the first hearing.
The FL cannot prevent people from buying and selling shares to each other.
They can however refuse to allow a club to play in the FL if an owner fails
their tests.
A future ?
My guess would be no, and there is good reason to expect that the football
authorities have had a thick file on Cellino for quite some time (before he
arrived in Leeds).
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John 'Grampa' Sykes
Rest In Peace old lad
28th Oct 1938 - 12 Nov 2013
MARCHING ON TOGETHER
