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Post by Panda on Jul 6, 2007 17:09:07 GMT 1
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Robbie
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*Funky!*
Posts: 25,718
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Post by Robbie on Jul 6, 2007 21:43:30 GMT 1
I've just been reading this - I think there may be a chance that they will go under. As I understand league rules, if they aren't able to fulfill the demands of the league by the end of the month prior to the start of the new season they will be kicked out the league - and unless the Inland Revenue withdraw their claim they will be going down. And as the IR never withdraw their demands... goodbye Leeds.
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Post by wonderwall on Jul 6, 2007 21:45:44 GMT 1
peter risdale really f****** this club up what a idiot  |
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Post by Admin on Jul 6, 2007 21:48:23 GMT 1
Well if they want their money, they have to be patient, bates either has to up his offer to them or step aside and let someone else deal with the debts? KPMG surely sort out the debts anyway, so they need to talk some sense into the Inland Revenue. They cant let a big club go under, it happens to smaller clubs all the time though  |
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Robbie
Member
*Funky!*
Posts: 25,718
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Post by Robbie on Jul 6, 2007 22:05:01 GMT 1
It (almost) happened to Middlesboro in 1986 - they were locked out the ground on the day they reported back for training. Steve Gibson saved the day for the Boro by buying out the debt, hopefully someone will do the same for Leeds.
I'm not a Leeds fan but I don't want them to bite the bullet. At the very least, the fans deserve better.
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Post by suedehead on Jul 7, 2007 0:11:39 GMT 1
peter risdale really f****** this club up what a idiot Ridsdale and Ken Bates. Could a club have two worse owners than that? (Actually, as a Brighton fan, the answer is yes. They could have been owned by Bill Archer). Anyway, Bates is offering HMRC 8p for every pound owed. If he gets away with it, the rest of us taxpayers will be left to make up the difference. |
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Post by Admin on Jul 7, 2007 22:07:02 GMT 1
But this sort of thing happens all the time surely? Leicester had 30 million in debts, went into administration and turned the debt into a manageable 3 million, I dont remember the hmrc trying to force Leicester out of business?
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Post by Razzle Dazzle on Jul 7, 2007 22:12:40 GMT 1
because Leicester did it hassle free and within a time period, leeds...well ken bates is p*ssing about
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Post by Earl Purple on Jul 8, 2007 15:18:51 GMT 1
False dawn I think. They always manage to save them in the last moment.
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Post by Admin on Jul 9, 2007 10:00:48 GMT 1
Every team should be saved if they can, I dont like to see any team going out of business, even if they are hated rivals.
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Post by Admin on Jul 9, 2007 13:07:40 GMT 1
Buyers have to come forward by 5pm tonight.
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Post by marcus on Jul 9, 2007 14:01:51 GMT 1
peter risdale really f****** this club up what a idiot Ridsdale and Ken Bates. Could a club have two worse owners than that? (Actually, as a Brighton fan, the answer is yes. They could have been owned by Bill Archer). Anyway, Bates is offering HMRC 8p for every pound owed. If he gets away with it, the rest of us taxpayers will be left to make up the difference. Or David Belotti who cleverly assisted the the genius plan to sell the Goldstone Ground and not have a suitable replacement!. That was like someone selling their house without having another one sorted. |
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