I wonder what the "right sort of money" might be....
________________________________ From: Rick Duniec <ri...@ntlworld.com> To: Dr. Michael Benjamin. <beden...@gmail.com>; Simon Hart <simon.h...@york.ac.uk> Cc: leedslist@gn.apc.org Sent: Wednesday, October 5, 2011 12:03 PM Subject: Re: [LU] someone else view of Mr Bates There is nothing illegal about owning a property and having a business which is a separate Limited Company paying rent on it. In fact it is a common form of pension planning. What the fans might think about the ethics of doing this with our football club is a different matter entirely. As for the simplistic idea that all it takes is a willing buyer and Bates will sell - I'm not so sure. I'd agree that it looks as if KB is running so tight a ship that he is strangling the life out of it for personal financial gain, but I have become convinced that he is doing this as the result of a lifetimes habit. He knows no other way. It appears from this that everything is designed to maximise the gain when he exits. At the same time there are indications that when the exit is actually in front of him, KB doesn't want to walk through it. He is not a willing seller when it comes to the crunch. I suppose that he doesn't need the money for anything in particular and he believes that the value is going to be maintained, so there is no rush to take whatever is being offered. I don't personally have the evidence but there is a strong belief in certain usually well informed circles that at least two approaches have been made in the recent past with the right sort of money on the table i.e. what might be considered the going rate. Of course if somebody comes along and offers stupid money then the temptation might be just too great, but why would they do that ? _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email leedslist-unsubscr...@gn.apc.org MARCHING ON TOGETHER (There's it) _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email leedslist-unsubscr...@gn.apc.org MARCHING ON TOGETHER (There's it)
