HMRC make no challenge to the change in the law that put an end to their preferential creditor status. They have accepted that they have no option but to take the same deal as ALL other creditors. What they do not accept is a situation where another group of creditors (the football creditors) are excluded from the 'everyone gets the same' status quo. Why should they accept it ? It is also totally clear from the recent letter from KPMG to creditors, that KPMG, The clubs directors, and its legal advisers, were all fully aware that HMRC had adopted this position as standard, but they still put the club into administration and prepacked a CVA. They KNEW in advance exactly what the HMRC position was and yet deliberately followed this path. They knew that HMRC would almost certainly vote against the CVA and presumably gambled that they would not then make a challenge. HMRC have not changed their position which was known prior to our being put into administration AFAIK. The FL have similarly not changed their position which was known before the club went into administration AFAIK.
The Guns were known about, were plainly visible, and the situation was obvious before the leaders of the Leeds Brigade took us charging down the valley of death regardless of the terrible consequences likely to result. _______________________________________________ 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
