----- Original Message ----- > The fact a legal/successful cva was challenged by someone like HMRC is > exceptional - again HMRC's goal here was not to maximise the money it got > from LUFC, it was to challenge football's preferential status. They would > have challenged regardless of the %. > That, to me, constitutes exceptional circumstances.
If you are correct in your assertion that HMRC would have challenged regardless of the % then this is the new "normal" situation. This would be exactly in line with the known position of HMRC prior to the club going into administration. It is in fact written guidance policy. It cannot therefore and at the same time be exceptional. If it is exceptional then how can you argue that HMRC would challenge regardless of the % ? I don't see how you can hold arguments that this is exceptional and that HMRC would challenge regardless, at one and the same time. It surely must be one or the other. _______________________________________________ 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

