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From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]
Sent: Saturday, July 14, 2007 11:13 AM
To: [EMAIL PROTECTED]; [email protected]
Subject: Re: [LU] Wage deferrals - Healy + who?
Who's WE? The entitity that is Leeds United? The business that's had four
owners in as many years? Sure, Ridsdale was inept. The prof was out of his
depth,and so was Krasner. But Bates' strategy hasn't played through yet.
I've always believed the only way out of Risible's mess was administration
and eradication of historic debts to bondholders etc.
[Nigel Holcroft] - maybe so and to have done that openly, from the start
would not have been challenged; however, you continue to miss the point
that it is not the act of administration that is in question. It is the
cause and the conduct of this particular administration.. Remember, while
the club did not go into administration when Bates took over, he was able to
unload a mighty large portion of the outstanding debt through negotiation
and claimed that the debts were manageable.
He then tried to milk the fans for all he could and sold off several
assets.. All the money coming into the club seems to have disappeared into a
black hole, with little or nothing to show, in the way of purchases while,
still being unable to pay over the tax money wed collected (even on an
extended payment plan) or run the daily life of the club without creating
even greater debt, which he now wants written off so he can start again,
again.
Don't let your distaste for the man get in the way. He clearly has a plan
and it's not finished yet.
If thats the master plan I certainly dont want to wait idly by for the
finish as what gets finished may well be the club, our club, my club!
How do you know that Bates and Fayed hadn't done a deal for Healy months
ago?
I dont, as neither do you; however, if they did doesnt that, in effect
contradict your premise that leaving the deal later would devalue the
players worth? Of course as we werent allowed to trade (ahem) that
surely wasnt possible.. ;-)
You think Nugent and Bent are "lesser lights" than Healy? So why weren't
Martin Jol and Harry Redknapp in for him?
I admire Nugents pace, though hes yet to cut it at a higher level for club
or country.. Ive never been convinced of Bent, but its not my money.
Healey, has a good record at international level. Jol and Rednapp couldnt
come in for someone who couldnt be sold and wasnt on the market, now
could they.?
Still lets put those two examples aside and compare him to Fulhams other
three signings and tell me where he fits into those comparisons?
I never said that. But after the cavalcade of idiots running the club over
the past decade, I'd rather have a hard-nosed b*stard like Bates in charge,
regardless of the collateral damage to Bob and his disco.
Why do you keep picking on poor old Bob? It seems obvious and unworthy
attempt to trivialise the financial, games played, by Bates in all of this
mess. You did say his actions made him OK in your book
Depends if you believe admin was caused by general ineptitude, or was a
construct to erase long-term debt.
Hmm either way, doesnt sound like a good business plan.
Does he really not have a decent record in the transfer market? He's signed
the players his managers have wanted, and mostly on loans or short-term
deals.
Subjective, in the end I suppose. However judging what others around us get
and the number of complaints from fans Id say there are many who think he
has not lived up to the bluster..
He's made a profit of £850k on Healy too - we paid £650k for him.
Agreed, but some think he could have made more. (I guess Im a greedy
[EMAIL PROTECTED]@rd too)
Because you keep raising unrealistic ethical and moral demands on the way
the club is run under Bates. Demands that were not an issue under previous
boards.
I dont place anything on him that I dont want to hold others to too. I
expect the full investigative weight of the League, the taxman and if need
be the law to come down on anyone found to be acting in the way Bates has
acted.
Perhaps, if the former regimes had been held to a higher standard, we would
not be where we are today.
Never said he was a saint.
Huge gap between Saint and hypocritical parasite
Im sure there are several
spots on the axis that I could find palatable.
There you go with your moral stance again. Administration is not a nice
process but it exists within the rule of law, and KPMG knows how to work the
law.
There you go again attributing things to me that are not true. You set up
the example of the business, youd dealt with as an example of how we should
accept administration, as a daily occurrence in business. I merely asked if
their circumstances were in any way comparable to the fiasco and
questionable dealings of the process engineered by bates and KPMG.. I accept
administration as a necessity in business, just not the way this particular
one was concocted or performed, as the norm or the accepted manner.
Don't you just want the club restored to health ASAP? Is it more important
that Bates is somehow "found out" than Leeds United recovers swiftly?
Absolutely, I do. I just dont believe that this is the way to do it.. I
believe if things had been conducted openly and honestly, we would now be,
well on the road to full recovery.
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