Actually I would object to having another CVA - The first one was valid and 
passed all the legalities it had too. If I was Bates, that would be my 
negotiating point

I very much doubt there will be another CVA
----- Original Message ----- 
From: "dunderhead" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Friday, August 03, 2007 8:45 AM
Subject: [LU] KPMG


> The quotes from the FL saying that LUAFC can start the season if the CVA 
> is
> reconstituted seem to represent more than a strong negotiating position.
>
> They represent an unstated and unequivocal challenge to KB and KPMG that
> booms a loud and clear message: "everybody knows it's a bloody shambles 
> but
> you guys made it a shambles, not us."
>
> Once again we must understand that we have two entities claiming to be the
> real Leeds United:
>
> LUAFC - got the GS and the players registrations (until they time out?) 
> but
> no money
> LUFC 2007 got the ground lease and the brass (allegedly) but no GS and no
> players
>
> As we stand (or sit) the FL could stick to their guns and insist on a
> reconstituted CVA as the only exit strategy.
>
> Now who would object to the reconstitution of a CVA?
>
> Astor, Krato, FSF, Yorkshire Radio, Ken Bates, Mark Taylor et al.
>
> Who is unlikely to object to the CVA being resurrected?
>
> HMRC
> other creditors apart from those above
>
> In the meantime KPMG and Richard Fleming appear to be whistling Dixie and
> congratulating themselves on their Pontius Pilate exit strategy.
>
> But presumably LUAFC Ltd still currently remains in Administration, with
> KPMG in control because they have failed to administer key residual assets
> of the company, i.e. the golden share and the player registrations. These
> are valuable assets and effectively belong to the old company until it is
> finally dissolved.
>
> Perhaps KPMG could persuade their erstwhile compadres to get the bountiful
> coffers of Astor, Krato and FSF to cough up a few million to purchase 
> these
> assets and resolve the situation?
>
> I'll bet you a pound to a pinch of shit and you can hold the stakes, if 
> the
> "written-off" debts don't come winging cheerfully up Elland Road and wrap
> themselves all over LUFC 2007 like old friends, if the new company ever 
> gets
> to be the FL member known as Leeds Utd.
>
> KPMG - you are an absolute joke.
>
> Dunderhead
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