If it goes to court MI-6 will get a suppression order so the identity of 
those on Her Majesty's Secret Service wont be disclosed


----- Original Message ----- 
From: "John Boocock" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Cc: <[email protected]>
Sent: Wednesday, January 31, 2007 12:40 AM
Subject: Re: [LU] Leedslist Digest, Vol 4, Issue 75


>
>
> [EMAIL PROTECTED] wrote:
> ================================
>> Does anyone want to put this into plain English (i.e. not Paul C, SS
>> etc.)
>
> When Bates took over Leeds he apparently didn't repay the Karnsortium's
> loans what they had put into the club for working capital when they took
> over from the PLC.
>
> When Bates took over Leeds he could only buy 50% because buying any more
> would trigger a payment to the bondholders.  You know, the bondholders
> everyone told us had gone away when Ridsdale's empire collapsed.
>
> When Bates took over it looks like he agreed not to issue any more
> shares in which ever of the ten million companies was used as a vehicle
> to take over the club.  But my reading is that he has issued more shares.
>
> Mr Levi has obviously taken exception to something that has gone on as a
> result of this. Probably that he now is no longer part owner of 50% of
> the company that owns LUFC but instead part owner of a company that owns
> 3% of LUFC - his share holding has been diluted.  He has gone to Mssrs
> Sue, Grabbit and Runne.
>
> I very much doubt that this would come to court as it would mean an
> awful lot of disclosure about things that ordinary people like thee and
> me should not concern ourselves with :-)
>
> Just make sure you have your flat cap on and remember that Ken Bates is
> the Saviour of Leeds United.  (If you keep saying it to yourself long
> enough it will become true, honest)
>
> Betty
>
> _______________________________________________
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> 'I am in shock,' said Ferguson.
>
>
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> 


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'I am in shock,' said Ferguson.

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