I guess all will be revealed if and when a takeover goes through, and  
ownership of ER/TA transfers at a price. Rent is £1m a year.
 
 
In a message dated 14/09/2012 19:28:20 GMT Daylight Time,  
st...@stevemosley.org writes:

If you  were the organisation that owned the training ground and stadium,  
what  profit have you made so far on your investment?

Has anyone worked it  out yet?


Steve.

On 14 Sep 2012, at 18:58,  "markbu...@aol.com" <markbu...@aol.com> wrote:

> How much  money has Bates personally taken out of the club? Do you  know?
>  
> Boxes bring in good revenue. The ground is being refurbed with  borrowed  
> money - money that could not be borrowed to spend on  players. 
> 
> Can't argue with the litigation - but even if you  halved that, it'd not  
> make that big a difference.
>  
> 
> Mark
> 
> 
> In a message dated 14/09/2012  18:52:24 GMT Daylight Time, 
arm...@yahoo.com  
> writes:
>  
> 
> Maybe only 3% return cos he spent all the money on  litigation,  boxes 
and 
> lining his own pockets?
> 
>  
> 
> 
> 
> 
> 
> 
> 
>  ____________________________________
> From: "markbu...@aol.com"   <markbu...@aol.com>
> To:  ni...@mindbrix.co.uk;  dwalms...@netmonkeys.co.uk 
> Cc: leedslist@gn.apc.org 
> Sent:  Friday, September 14, 2012 1:50  PM
> Subject: Re: [LU]  Spending  on players
> 
> 
> Goodness me, common sense  on the  list!
> 
> The numbers seem to add up, given the  constraints of having Bates  in  
> charge. 50% of t/o on  player wages, yet only 3% return. LUST  proposes 
> upping   
> spending to 60% - which would push us into  losses.
>  
> Not seeing any practical ways to improve things here.   Interesting to 
note  
> that Southampton, Norwich etc have  used  Ridsdalenomics to get out of 
the  
> championship -  90-100% of t/o on  wages. Such is the benefit of an owner 
 
>  with 
> deep pockets - ie NOT  Ken Bates.
> 
> Roll on  next week.
> 
> Mark
> 
> 
> In a message  dated  14/09/2012 17:14:39 GMT Daylight Time,  
>  _ni...@mindbrix.co.uk_ (mailto:ni...@mindbrix.co.uk)    writes:
> 
> That's  the irony. Thrift is in every Leeds  fan's blood,  but they want 
> their
> club  to behave  in direct opposition to their own  instincts -- and this 
 is
>  despite us still suffering from the legacy  of the last chairman  who  
did
> exactly  that.
> 
> 
>  Nigel.
> 
> 
> 
> On 14 September 2012  11:58,  dave  walmsley 
> <_dwalms...@netmonkeys.co.uk_  (mailto:dwalms...@netmonkeys.co.uk) >wrote:
> 
>> One   of the problems with the LUST statement about spending more on   
the
>> team, is that it is easier said than done. It's not like   a  
> manufacturing
>> company buying new machinery to  increase   productivity.
>> 
>> If I owned the  club, (I wish!),  I  would  spend very conservatively on 
 
> the
>> team, hoping that I had a  manager  that  could first prove to me he 
spends
>> very well. Even  then, I'd  only  let him spend well within certain 
limits.
>> Other   people may take more  risk, and may achieve success more quickly 
>  as  
> a
>> result (or get into  difficulty  quicker).
>> 
>> Prior to the banking crisis, the HSBC   board, who were bankers born  and
>> bred, were often criticised  for their  very cautious approach  by 
analysts
>> and  shareholders. Whereas other  banks, who  subsequently needed  
massive
>> bailouts!, were run by people  with  little  actual banking experience.
>> 
>> Has the analyst who   has  "looked over" the accounts actually got any
>> experience  of  running a  football club, or even working within 
football  
> for
>> a significant  time?
>> 
>>  This really is irrespective of  whether Ken Bates is the  owner or  
not. 
> The
>> bottom line, though,  is that a cautious  approach to  spending on 
players
>> cannot be  easily  criticised.
>> 
>>   _______________________________________________
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>> PETE  CASS  (1962 - 2011) Rest In Peace Mate
>> 
> 
>  
> 
> --  
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> --
>  
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