Yes, good point. And fair enough for HMRC if they had the bigger picture in mind.
But if that is the case then those moaning about the poor taxpayer losing out, and all the little creditors losing out remember that - HMRC decided it was for the greater good, not Bates or the administrator. Mark :) -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of damian.walsh Sent: 08 June 2007 14:33 To: 'LEEDS LIST' Subject: Re: [LU] From the BBC I had understood from some earlier postings (possibly from Betty regarding the involvment of various MPs - but I haven't gone back to check) that the Revenue were happy to go after Leeds/ Bates, forcing them into a cva, because it gave them an opportunity to challenge the current rules which protects footballers at the expense of the taxman. If so, I think they will be happy to have to "lose" a substantial sum because of the leverage it will give them in Parliament (which MP will stand up to defend Bates?). If they'd have got say 75% they wouldn't have had the same leverage. Leeds, wrong time wrong place? Damian PS Bright Side #36 Leeds United AFC never played in the 3rd Division and never will :( ----- Original Message ----- From: "Mark Humphries" <[EMAIL PROTECTED]> .... I understand HMRC have a duty to get the money, and they don't have to accept deferrals or holidays or restructured repayments. However, for the sake of a few months deferral they have lost the tax payer 99% of the debt, and even if one of the other bids had won they would have lost 60% of the debt. I don't think that is acting in my best interests as a tax payer apart from anything else. They have effectively spent 99% of the 6 or 7 million (whatever the figure was) to recover the debt. .... _______________________________________________ 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 _______________________________________________ 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

