----- Original Message ----- > Only Bates was willing to buy the club without a Football League Golden > Share.
Not quite, AFAIK. Redbus were prepared to do it but not to risk as much as their previous bid. That is my understanding of why there was a joint bid Redbus/Morris. It was after all not a "super bid" as was reported in some places but was LOWER than Redbus had bid previously alone. The joint bid was to share the risk of buying a club without a golden share and no CVA. (and potentially no season ticket money, no stock, and no debtors). It appears that the Pearson bid did not even get to the table as you say, and for the same reasons. What is not clear is WHY the FL did not use the unusual circumstances get out, but of course if they had used it then Bates would probably have lost. _______________________________________________ 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
