> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:leedslist-
> [EMAIL PROTECTED] On Behalf Of RickD
> Sent: 02 August 2007 11:15
> To: leedslist
> Subject: Re: [LU] The final countdown


> Incredible argument, or do I mean incredulous ?.
> So from now onwards any club can go into administration and the FL will
> have
> to pay of the HMRC debt in full, on behalf of the club ? Are you
> serious ?

Oh, and for the avoidance of doubt/clarification, you know full well Rick
that is not what I said.

HMRC stand in line with all other creditors, so any football club give HMRC
whatever they are legally due following the cva/insolvency & buyback.  If
the football league want to pacify HMRC and pay them more than they are
legally due then they should do it themselves and not effectively make HMRC
pseudo preferential creditors.  Either that or football should stand in line
with the rest of the creditors.

HMRC has an issue with football, not with LUFC or the % they got per se.



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