This is still the best post Ive seen on this sunject - What I failed to 
cover is covered here

The options going forward are fairly impractical seeing as Astor will block 
them happening

Bates may be the biggest cnut in the world. But if it clears Leeds' debt and 
allows us to come out of Admin and plan for next season by signing players, 
Im all for it

It irks alot on here about how we came to be in this position, but all 
things said and done, right at this point in time its irrelevant. We are 
where we are, and we need to move forward. Not backwards
----- Original Message ----- 
From: <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>; <[EMAIL PROTECTED]>; 
<[email protected]>
Sent: Sunday, June 03, 2007 8:34 AM
Subject: Re: [LU] From Sq Ball re Voting


>
> Sean
>
> So, you think the best plan for Leeds United is:
> Getting us relegated  to the third division (for the first time in our
> history) despite season  ticket prices being among some of the most 
> expensive
> in the  country?
> Putting us into receivership despite telling us 3 months ago that  we'd be
> free of external debt in June (was that only because he knew we'd be  in
> receivership or because the debt owed to Astor Holdings isn't external 
> even
> though Bates and LUFC have no connection to them?)
> Astor Holdings  backing Bates' deal and threatening to put us into
> liquidation if Bates'  deal doesn't go ahead, even though they'd get up to 
> 16
> times as much money  back from some of the other deals on the table?
> Banning the YEP from  ER?
> Using LUFC as a platform for petty vendettas against any individual that
> dissents from the gospel according to Ken?
> Sacking a manager less than 6  months into a new 3 year contract despite
> having no idea who was going to  replace him?
> A chairman who is the "UK representative" for an overseas trust  (Forward
> Sports Fund) even though he claims not to know who are the owners  of FSF?
> Scewing numerous local businesses for 99% of the money they are owed?  (oh
> yes, very canny, but will that encourage other firms to extend credit  to, 
> or
> even trade with, LUFC in the future?)
> Yorkshire  Radio?<<
>
>
>
> None of these events have anything to do with the future of Leeds United.
> They are all to do with the recent past of Leeds United. And that's  gone.
>
> I said in my original post that I don't believe that anybody on this list
> actually likes Ken Bates. I certainly don't. But in the circumstances, 
> weighed
> against the other options on the table (Morris, Revie, the mysterious 
> plans of
> LUST), Bates represents a feasible way out of the abysmal mess we're in,
> caused  by the mismanagement of previous management regimes.
>
> He has a track record which, though flawed, ultimately resulted in a 
> secure
> future for Chelsea. You can argue that Chelsea nearly went bust - but they
> didn't. What's Morris's track record? Revie's? LUST's?
>
> Like I said, the biggest objections seem to centre around small local
> businesses losing 99% of what they're owed. Sad though that might be, I 
> couldn't
> care less. All I want is for my football club to be returned to its 
> rightful
> place. And if that happens, I'm sure there will be plenty of business for 
> local
> companies, just as I'm sure there was before.
>
>
>
>>>Mark, I have a lot of time for the opinions you express on this  list, 
>>>but
> we
> obviously have a very different idea about what is best for  LUFC.<<
>
>
>
> Arguing over small creditors and the poor old tax man isn't best for LUFC 
> is
> it? Nor is not being allowed to plan for next season because of legal
> wrangling.
>
> Finally being rid of Ridsdale's legacy is surely the first step toward
> recovery? Even if it does mean we don't like the chairman.
>
> Show me a better option to what Bates is proposing? All you've done is
> highlight his flaws. Fair enough, but I'd rather have that than a teenage 
> property
> tycoon or a bloke that runs a conference company.
>
>
>
>>>Do you thiink that investment in LUFC has not been forthcoming from  the
> extensive and wealthy business community in Leeds because there's no 
> feeling
> for the club or because they also dislike Bates and suspect they'll  be
> expected to plough money into the club without having any influence over 
> its
> management?<<
>
>
> Where was the investment under the Prof? Or under the Kransortium? All we
> have is the mythical Norman Stubbs sitting in the car park with his 
> mythical
> cheque book.
>
> As an aside, don't start me off on the short-sightedness of Leeds council
> and the local business community. They can't even see the vast benefits 
> that a
> successful football clunb can bring to a city - it pains me to say it, but
> just  look at the number of opportunities Manchester has had to put itself 
> in
> front of  international audiences through the success of its wretched team 
> over
> the past  decade and a half.
>
> Heck, the "Leeds business community" even had a taste of it for a couple 
> of
> years. And yet they still can't see the benefits it brings.
>
> You can't blame Bates for that. Sure, perhaps he's a disincentive to
> investment for some potential backers - but the biggest reason not to get 
> involved
> is the state of the finances. Once the balance sheet is clean, then I'd 
> expect
> the serious offers to come forward. And you might not like the way he's
> doing it, but Bates is cleaning up the finances.
>
>
>
>>>I don't have anything to add, so you can have the last  word. :-)<<
>
>
>
>
>
> Sean, I just want a resolution for the club. Do I want Ken Bates at the 
> helm
> in the long-term? No. But right now he's the best option of those 
> presented.
>
> Unless you know otherwise....
>
> Mark
>
>
>
>
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