Should I have written 74 % of the VOTES and not "Voters"? - as in the great majority of votes??
----- Original Message ----- From: "Sean Emmott" <[EMAIL PROTECTED]> To: "thecasses" <[EMAIL PROTECTED]> Cc: "RickD" <[EMAIL PROTECTED]>; "leedslist" <[email protected]> Sent: Sunday, June 03, 2007 1:11 AM Subject: Re: [LU] From Sq Ball re Voting > On Sat, June 2, 2007 11:51 am, thecasses wrote: >> Great!! >> So then we will have a mere 74% of the voters not getting what they voted >> for > > No, because the votes are allocated in proportion to the votes owed. If > Bates had the backing of one individual owed £1m, then even if 249,999 > individuals owed £1 each voted against the CVA, Bates' backer would win. > > This is why KPMG urged all creditors to back Bates' offer, because Astor > Holdings would rather accept 1p in the £ on the £18m they are owed > compared to the 16p in the £ they could have got elsewhere. Some people > think Bates has connections with Astor Holdings, but KPMG say he sold his > shares in December '06, so he can't have. > > However, if (like me) you think Bates is a lying bully, then you might be > developing a consiracy theory about why Astor Holdings are prepared to > accept a loss of £2.7m to keep Bates in power. > > - Sean > > > > > __________ NOD32 2305 (20070601) Information __________ > > This message was checked by NOD32 antivirus system. > http://www.eset.com > > _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist Join The Leeds United Supporters Trust at www.lufctrust.org
