thecasses wrote of the ownership of Leeds United: =======================================- > If this is correct, and i dont doubt you for a sec, then anyone that > "bought" the club from KPMG in the recent 'auction" wouldnt own the club > either?
Exactly, which is why a potentially very good bid from Adam Pearson and others did not materialise. They kept asking KPMG to guarantee membership of the Football league which KPMG could not do and because of its ruled the FL would not do anyway. This was well documented at the time. And my explanation is meant to clarify this. This is why the FL want to see the full details of the transaction. KPMG knew full well that this would be the case when they left the court and advertised the fact that the club was up for sale. Only Bates was willing to buy the club without a Football League Golden Share. He believes that through the tactic of a stand-off the FL will climb down and make him an exceptional case. 11 hours of meetings between KPMG and the FL this week still haven't produced a result for Bates. Rules is rules and Mawhinney is sticking to them. Er, at the moment................ _______________________________________________ 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
