Question to all, would you prefer Bates to regain control or option 5 below?

They have at least indicated they are interested in the business as a land 
redevelopment project.  Have any of the others ruled this out?  Are any of 
these in it for the club/sport or are they all in it for a quick buck based on 
land?

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of John Boocock
Sent: 31 May 2007 10:54
To: LEEDS LIST
Subject: Re: [LU] From YEP. The Yanks are commin???

Bates may have announced that he has six other very rich bidders in the 
bag but KPMG have also annouced, very formally in writing to creditors 
that they have five (5) Interested parties who all make provision for 
"payment of the preferential creditors in full, twenty year season 
tickets to be honoured and assumption of the liabilities of the football 
creditors"

They consist of:

1) a consortium of UK businessmen backed by UK fund - offering just over 
�4 million

2) a US fund - offering up to �3 million and wanting to hold discussions 
with creditors

3) a private individual - offering �6 million

4) a US fund - offering c. �4.5 million and an additional dividend 
triggered by promotions

5) a consortium of UK businessmen backed by UK fund - offering �9 
million (�8 million of which is to Astor Investment) and a share in the 
gross development profit follwing the redevelopment of Elland Road.

So just who is coming Ken and who are they dealing with?  You or KPMG?

One would think the latter

Betty


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