1/ Relegation to the third division.
2/ An administration process so twisted it cost us 25 points, and during
which he said he rarther see Leeds fold than himself lose control of the
club.
3/ Loss of ties with the local community and a number of petty feuds with
local businessmen, sometimes ending up in court, with hefty legal bills to
be paid.
4/ How can it be Bates that saved us when he doesn't have any shares in
the company that owns us? (Forward Sports Fund)
5/ Failure to buy back Thorp Arch

According to his programme notes prior to May 2007 the club was breaking
even, and the budget is based on not needing money from player sales or
cup runs.  So, the money from cup runs and player sales should be profit
and available to invest in the club and in players.

Lets look at what we've made in the past 3 years then:
Delph £7.5m
Compensation for Poyet & Wise £0.5m
Compensation for the two kids Chelsea poached £4.0m
Play off final ? £1m
2x play off semis £0.8m
Liverpool, Spurs, Man U cup games £2m

That's over £15m at conservative estimates.

players we've paid money for in the past 3 years:
Gradel: 250,000
Bromby: undisc

er...
...that's it...
...even though I renewed my ST early so to plump up "simon's warchest".

I'm not suggesting we can necessarily complete with the £800,000 that the
mighty Southampton spent on Ricky Lambert, but I was surprised we were
reduced to haggling over £25,000 for Gary Hooper.

Still, there will be a £90m hotel on the spot where Billy Bremner's statue
stands, so that's all right then.  The club will be making a fortune from
all those people who have only been deterred from taking their holidays in
Beeston by the fact that the nearest Travel Lodge is half a mile away.

I don't usually buy a programme these days, but when I do, I'm always keen
to read the chairman's column so I find out about his vision for takin
LUFC forward.  the last time I did this I read about Live Aid and how we
shouldn't give money to Africa, the scandal of the Global Warming "con",
some stuff about legal cases and then, in the last paragraoh, something
about Leeds.

As for there not being anyone else coming forward to take over, I once
spoke to one of the more respected list members who told me that the night
Bates took over, Norman Stubbs was sitting in his solicitor's office
waiting to sign the documents to finalise the deal... Krasner and his
mates never turned up because they had a new best friend in Kenneth
William, who has, lest we forget, saved us three times now.  Even though
he hasn't put any of his own money in.  And even though he has no shares
in FSF.  And even though he takes no salary for being the UK
representative of said FSF (even though he doesn't know who does own FSF).
 Yes, such is his love for LUFC that he works for nothing for people he
doesn't know whose plans for LUFC we are not privvy to.  I find that
tremendously reassuring, don't you?

- Sean


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