> -----Original Message----- > From: [EMAIL PROTECTED] [mailto:leedslist- > [EMAIL PROTECTED] On Behalf Of Steve Mosley > Sent: 12 July 2007 00:31 > To: 'leeds LIST' > Subject: [LU] Glad it's over but still sad... > > Hi guys [and gals], > > My two-penneth for what it's worth. > > > > 4: The best bid / golden share stuff: > ====================================== > > The FL rules state that they can only release the golden share to a new > company after administration if a CVA is successfully completed. The > reasons for this are obvious.
I actually struggle to see why the FL insist on this myself. I could understand if 'football' was treated the same as all the other creditors, and therefore it was important that football could vote for the best compensation for themselves, but as they get 100% of their debt, why do they insist on the other creditors getting the best deal? All I can think of is that by doing this they are seen to be doing the right thing and therefore the other creditors won't complain about football being the preferential creditor. In reality 10% (pot - football debts) is most likely to be significantly worse than 5% of pot. > > 5: Rick D on FiveLive > ===================== > > Did well, mate. Honest and exasperated, like the rest of us. And it > didn't > even sound pre-recorded! Not fussed about the whole "Supporter's > Chief" > bollocks. You got off your arse and said and did stuff. All for it. > And, > all for everyone else who does similar, no matter what they call > themselves. > > > 6: Squabbling bas**rds on this list > =================================== > > Really boring, get a room somewhere. On the one hand you give credit to Rick, on the other you slag him off. Nice work fella.. _______________________________________________ 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
