It means that the FL felt they were not in a position to allow KPMG to sell
the GS in the second sale.  Which means the conditional offer was
irrelevant.  

I can understand them not wanting to do before having sight of the sale
documents, something that couldn't have been done before the actual sale
could it?

More to the point, why on earth wouldn't the FL have the power to grant any
team membership to their own private members club?  The only sticking points
would be the rules not allowing it, or the decision makers not wanting to.
The rule is there to grant membership which only leaves them not yet wanting
to.  If they wanted to, they could. 

How is that wrong?


> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:leedslist-
> [EMAIL PROTECTED] On Behalf Of RickD
> Sent: 27 July 2007 13:59
> To: leedslist
> Subject: Re: [LU] Another ste of idiots?
> 
> ----- Original Message -----
> > The FL have the rule in their rule book to allow it.
> >
> > Can FL grant it?  Yes. Within a couple of hours, if they had the
> > inclination.
> 
> You simply do not know that this is correct.
> If The FL used the exceptional circumstances clause (which they
> certainly
> had in mind otherwise why mention it in the first place) then Bates
> would
> have been out of here already unless his bid was higher than the other
> bids
> INCUDING any conditional elements. What if it wasn't ? What would that
> mean
> ?
> 
> 
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