The only reason if he took it out would be to help him cut his losses after actually putting money in if he has bottled it. Lets face it if he hadnt put money in we would be watching Unibond league football now groundsharing at Farsley celtic and shopping at the new Elland road Asda so I am prepared to wait and judge later!

He is driven by more than money! He is getting on in years and he was ditched by the FA and Chelsea and I think itrs his ego that's driving him on now! No one could have foreseen the mess we would be in now

He has said before that he wont discuss money because it will inflate the prices because of ho we are so pleading poverty is a strategy perhaps.

Also he wouldn't have removed his little pet Wise from sweet little number at Swindon if he new he was on the way out.

One of the problems is depth and too many old fat journeymen, Wise has had a clear out and in the first couple of days technically signed 5 players. its still only 9th january, we may well have £1.75m plus a bit of chelsea money for the kids but there has to be someone there to spend it on and that probably not that easy and we need to pick up a couple of wins before 31st jan to make us more attractive. Its not as if we are sat there just selling players before we go down

We are effectivly 4 points from safety, we are not down yet and if you look at palace's achievements the other year technically not out of the play off picture however unlikely, what is it 19 points in a crap league like this. All it will take is a couple of jammy wins 1-0s hanging on for 89 mins and results around us to go well and this disaster is averted and we are back in business.

While I am deeply pesimistic and I hope the above is true we are certainly not down and out yet nor has anyone asset stripped us


From: MATTHEW GAYNOR <[EMAIL PROTECTED]>
To: Mark Humphries <[EMAIL PROTECTED]>, "'Øystein" "Bjøndal" Lund' <[EMAIL PROTECTED]>, 'John Boocock' <[EMAIL PROTECTED]>, [email protected]
Subject: Re: [LU] Kilgallon
Date: Tue, 9 Jan 2007 11:11:21 +0000 (GMT)

Well i guess we'll probably never know for sure, but i struggle to view Bates as a philanthropist, shelling out money on Leeds with no guaranteed return.

If Bates is taking money out - i'm not sure it matters if it's direct or not.

  Matt

Mark Humphries <[EMAIL PROTECTED]> wrote:
It’s interesting you say that, seeing as noone actually knows who owns the Virgin Island company, but anyhow, we’d be paying the rent to Adler, so for us lot it makes no difference where the money goes. Its not like Bates sold the ground to begin with is it!?

The one main difference with Bates is that he isn’t taking money direct from LUFC, unlike everyone else previously involved with owning and running the club an who have ALSO ripped us off.



    From: MATTHEW GAYNOR [mailto:[EMAIL PROTECTED]
Sent: 09 January 2007 10:43
To: Mark Humphries; 'Øystein Bjøndal Lund'; 'John Boocock'; [email protected]
Subject: Re: [LU] Kilgallon


Maybe he doesn't need the money direct from the company as he's getting a million a year rent from a Property he owns in the North of England through his Virgin Islands Company.



    Matt

Mark Humphries <[EMAIL PROTECTED]> wrote:

1. He doesn’t get paid by the company, so any benefit he gets will be by
investing the cash into the infrastructure and getting the benefit when he
sells.

2. Unless we want to spiral into oblivion then we need to have some money
for next season if we go down, so not splashing it all now wouldn’t
necessarily be a bad thing

3. My guess is that Wise will get the money to spend, but they aren’t going
to advertise that fact (and drive up prices), and also it might be difficult
to actually spend it because who would want to come to us right now!

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] On Behalf Of Øystein Bjøndal
Lund
Sent: 09 January 2007 10:12
To: John Boocock; [email protected]
Subject: Re: [LU] Kilgallon

Indeed we are not!

Bates' pocket is my guess....


Øystein


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