What is worth mentioning here is that the financial situation at the club is
a lot more simple now than it was when Krasner/Morris were in charge last
time.

One lump sum to clear all debts and then it is business as usual (whatever
that will be).

This time round it will be managing a football club, not simply firefighting
debts.

I think.

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of MATTHEW GAYNOR
Sent: 18 May 2007 14:25
To: DAVID NATTAN; list leedslist
Subject: Re: [LU] straw poll Krasner or Bates

As far as i know Bates' is the only offer on the table officially.
   
  Wouldn't trust Krasner or Morris at all - they screwed it up last time.
Anyway as Bates will veto their deal, all Krasner can achieve is to put us
into Liquidation.
   
  I think it's better the devil you know and support Bates unless the Dubai
bid comes forward and is fully explained (might be another bunch of Property
speculators / Shysters for all we know).
   
  Even then Dubai lot are probably more likely to try and buy Bates out
after he's got the club back, they can't win  through at a creditors meeting
without Bates' support
   
  Matt

DAVID NATTAN <[EMAIL PROTECTED]> wrote:
  As you are aware I do have the right to vote on the admin \ creditors
issue.

Krasner has asked for fans to give him their proxy vote so he can oppose
Bates takeover.

I am in a quandry as to whether to give my vote to him or just abstain.

I don't like or trust Bates but I did not like or trust Kranser and his mob
either, and I have the same feelings about Morris.

On a personal note Bates has it written into the admin procedure that rather
than getting 1p in the £1 us 20yr ST holders will have them honoured.
This seems a decent guarantee (if Bates keeps club)
If he sells the club after it is all sorted or he loses to Morris or whoever
then it is guesswork as to whether any new owner would honour it (I reckon
they will whoever takes over but that may be wishful thinking )

Whilst I accept that my vote is virtually worthless in all this (£3,000 out
of £38million) If I do make a positive decision I want it to be the right
one !!

I want what is best for myself and for Leeds United but to me Bates, Morris,
Krasner are all cut from the same cloth - all out for themselves

Any thoughts anyone ?

Dave
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