Basically, Leeds bought Leeds and cleared their £35m debt to the FA.Quote:
Originally Posted by victoriaa.
Printable View
Basically, Leeds bought Leeds and cleared their £35m debt to the FA.Quote:
Originally Posted by victoriaa.
A young computer seller is interested in buying Leeds outright, but Ken Bates said he wanted to see he had the money to buy players etc. He made his first million in Leeds market, selling computer hardware - then went to the states and now he's worth £70m. :)Quote:
Originally Posted by Cheekykarl
Oh right, I still dont understand what Aflux said by Leeds buying Leeds :S
How can you buy yourself?! Is that linked to what trAsp said? That they declared themselves bankrupt therefore they were someone else's property and then their Chairman (Or whatever Ken Bates is) bought Leeds back?
So they were they bankrupt in the first place?! and it was a scam to clear it, when Ken Bates had the money.
Btw, if Im making no sense, please say so ;)
You are grasping the idea, but because i am a Leeds supporter i am not going to say thats what happened.
Basicly we are out of debt and thats all that matters :D
But you did cheat the FA right?!
Ken Bates, the owner of Leeds United Football Club Ltd put his company, Leeds United Football Club Ltd, on the market for sale - then bought it back himself but under a different company name.Quote:
Originally Posted by victoriaa.
Therefore, clearing debts of £35m and not paying them.
Oh right, thanks for that.Quote:
Originally Posted by Aflux
Ken Bates is a naughty boy!!
Good.. 2bh
it may be sly but i'm sure if you were an owner of a club in the same position, you would have done the same thing.. i know i would have.
boston done the same thing yesterday 10min before the end of their game down at wrexham me thinks.
Yes boston did do it... and also im annoyed that leeds didnt do it next season and do a rotherham drop 2 leagues in 2 seasons! cant wait for our game next year!We all hate leeds