----- Original Message ----- > Rick, could you explain why there is such a pressing need for investment > now?
This football club is currently on a steep downward path and has been for some time. If you bear this in mind instead of an assumption that we are already on the bottom then we are still looking intently downhill. If nothing significantly changes then it will probably stay the same. In football it frequently takes a significant injection of funds to get off a downward slope and to make an impact sufficient to stop the rot. My worry is that some people will think that there are other ways to do it (which if you are lucky or really really good there may be). We are neither lucky nor really really good (though I hope this changes). > You (and Redbus) refer directly to being in a relegation struggle by xmas > if > we don't get the investment now. Do we not have the required funds to buy > the players Wise wants, or keep the players Wise wants? I know that the other potential buyers from KPMG had planned for expenditure on the squad. The only group which made no indication of having such funds was our new owners. In the absence of subsequent confirmation of funding then it causes me concern personally. Time will tell and I'm sure that we all hope that the money will be available. I really don't know the answer and perhaps none of us do, but that itself is cause for concern. I hope that this is a case of MY having unwarranted fears. > Since the existing debt has to all intents and purposes been wiped out, is > the club not financially viable in League One? The football debts are still to be met in full. I really would expect that we should be financially viable in League one but do we have capital to spend on players and at the same time fund all current expenditure up front ? I don't know but it is a fair question to ask. _______________________________________________ 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
