FFS, I wish people would stop having all this clouded by what they think Bates is or isn't.
Right, lets say you get your way and the CVA is voted down. Haven't we now been told HMRC will get control and either wind the club up or find another buyer. First leap of faith is to think the HMRC will not seriously consider the wind up option, especially if there is a big disparity over what they might get if they killed us off and what the best offer (for them) on the table was. So, assuming they want to sell as a going concern. New owners would own right to buy back ER and TA. So anyone with an interest to sell off that land or turn it into a Tescos car park or whatever would factor that in and then be in a position to make the best financial offer. We then end up ground sharing with Farsley Celtic. All that new building etc would also mean lots of taxes for HMRC down the line, one could suggest more lucrative for them than a football club. In other words, if CVA voted down then literally anything could happen to the club, potentially we get a nice arab gentleman with billions to spare for a football hobby. However there is lots more potential for all kinds of disasters. The 'anyone but Bates' argument is seriously risky.. -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Dr Michael Benjamin Sent: 23 May 2007 04:58 To: LUList Subject: [LU] Gutless Hi I keep reading what may happen if Bates does not manage to rip off his creditors. Does anyone really believe that Bates motives are to save Leeds United? _______________________________________________ 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..."
