Leeds Rumours Archive July 10 2012

 

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(single word yields best result)

10 Jul 2012 22:55:15
could somebody please tell me if paddy kenny has already agreed personal terms? i know he is set for a medical on wednesday

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Paddy Kenny is a Leeds player, announcement will be on OS later today.

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Just believe it when you see it on the OS and not before. He has NOT already signed despite what anyone says, otherwise it would already be on the OS....

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He signs today according to YEP...medical already done last week.

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Leon who writes in YEP reckons he had medical last week and will be official today, also working on several others. varney, peltier etc

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Today's Daily Mail would indicate that he has agreed terms.

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10 Jul 2012 18:17:40
Just looked at BBC archieves and KB bought Leeds (for the second time) on 11th July 2007. Rumours about an announced takeover anytime after midnight tonight sound plausible....
MOT SherburnWhite

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Once again, this reference to 5 years after coming out of administration is a complete red herring. The "anti-embarassment" clause expired after June 2008 and the only other clause which applied to Bates winning bid in 2007 was £5M due to creditors if LUFC won promotion back to PL before 2017 - these are the facts as per KPMG letter to creditors back in June 2007

CTLUFC

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Hopefly fingers crossed ,,,,forest have been taking over buy the kuwaiti family,?

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Do you have proof of these facts? have you seen these letters to the creditors? i possibly think not.

am willing to change my mind if you can supply proof i.e a link or tell me where i can view them

Roblufc84

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Rumours about an announced takeover are always PLAUSIBLE but until it finally becomes a reality it is just that - a rumour.

I too am hoping, believe me....

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The 1st reply is absolutely spot on. This alleged rumour has been posted on here on numerous occasions over the last week and I have posted several replies along the lines of the 1 st reply. (ed please could you put the 1st reply verbatim on this site and tell people that there is no 5 year clause) any takeover that occurs on Thursday would be nothing more than coincidence

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The first reply is spot on. The remaining debts are to be repaid if we reach the Premier League up to 2017. It is in the notes to the accounts. This is a public document and can be easily found on the Internet. There is not a clause that says we need to pay anything back if we are taken over so the date of any takeover is irrelevant.
Ed please can you put the link to the accounts on the site or a statement as requested by another poster repeating these factual comments (they are in the legal, audited financial statements) so that we stop getting these posts.

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My maths isnt the best but surely having to pay a £5m debt for getting an extra £100m(ish) for reaching the prem makes this whole conversation redundant?

That is still a pretty significant increase in value to the LUFC business

However if anybody wants to take a fiver off me and give me £95 change i'd be more than willing see who is the happier?

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Roblufc84 you can find the KPMG letter at www.mightyleeds.co.uk/pdf/season200708kpmgletter.pdf

CTLUFC

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10 Jul 2012 17:59:28
Right i have a question ed and anyone who has an opinion on this. WHO would you have as a striker to partner becchio next year if we had a budget of £1-1.5 million?

I know we'll end up with varney who i think is a very average player and no better than McCormack, but still i think we'll have this amount of money to spend on one from the takeover so i'm interested in WHO people would have?

BURLEYwhite

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A good striker to partner becchio in the price range you have said would be stephen dobbie of swansea a good goalscorer who can pass a ball and get up and down the field aswell

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1 simon cox....2michael chopra....or 3nicky maynard.

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Steven dobbie is a great player but more of a number ten in my book. should play a bit deeper, i think our best realistic target is dj campbell, proven, quick good eye for goal out and out striker and in my opionin a better version of jermain beckford, and well less than 1.5m so ticks all the boxes for me

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It's hard to know how much players are worth to their teams. But how much would Simeon Jackson be worth. Not first team at Norwich, pacey striker to play off becchio, not exactly the most composed player but still scores goals

Whiterose1919

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Baldock! Ano he said he wants to fight for his place but he hasnt got much of a chance has he tbh. Lsmith

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Cox would be a decent signing i think. i also would like to see Charlie Austin in a Leeds shirt, will score goals if he stays fit and works hard for the team
MOT Ben

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Simon cox
Lee Barnard ( won't get a look in at Southampton)
le fondre or Simon church from reading, may struggle to get a look in in the prem


I'd also make a 6 month loan move for central midfielder Alejandro faurlin, qpr may want him out on loan after a lengthy injury and warnock knows him well

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Maynard for £1-1.5m haha dream on. There's only one player, BECKFORD

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Adam le fondre? Not really in the first team picture at reading, very impressed with him when he put 2 past us

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Would have to be someone with out and out pace. Thats one thing we lack, nobody fears our attck getting in behind them. Therefore a DJ Campbell / Beckford / Bradley Wright Phillips type ...

DW

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DJ Campbell would be good for you in that price range, not as good as Beckford but still a very good goalscorer. Unfortunately never worked out for Leicester.

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Colin wants Craig Mackail-Smith and wants him in before Ross goes to london

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I was the one who said dj campbell but yeah le fondre and simon jackson could be good calls, think church is a bit too optomistic, i think cox is good but like dobbie i dont think he is an out and out striker and im sorry but beckford...he went missing in our big games and never did anything in the play offs. he missed to many and not gonna cut the grade...i hope he doesnt come back

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1Carlton cole (WH) 2dj Campbell (QPR)3simon cox (WB) with a take over Kevin Doyle or kenyn jones

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Wot about Owen on a free and the 1.5 million on a Salary. That's what I would go for given the chance.

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Carlton Cole ? Kenwyne Jones? Kevin Doyle? DELUDED

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I think we need to replace Becchio. Perhaps Luciano could stay as a squad player but he looked well short of the required standard last season. So somebody like Kenwyn Jones to replace Becchio supported by Cox or Campbell (not Beckford !). If the 'new owners' have the cash to bankroll the transfersd & wages. If they are genuinely loaded then they should also go for Whittingham from Cardiff & Jordan Rhodes

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Beckford first! Mackail-Smith & Austin are proper strikers, and would be very happy to see either alongside him. Would be brilliant to see Wilfred Zaha in our forward line too. Was keen on Troy Deeney as a target man, but he's been a bad boy...Chapel A

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Sam Baldock, Simon Cox, Simon Church, Gary Madine

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Ibrahimovic maybe, could consider messi however might not be good enough for the might of glory leeds united. Hopefully they might sign an out and out goalscorer like aguero or van persie. Wouldn't mind benzema or neymar though. Also we could go for suarez, or demba ba or papis cisse as a back up striker!

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10 Jul 2012 18:09:19
Why has the paddy kenny news gone off sky sports news and website ?

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Try hitting 'more' at the bottom of the transfer page twice, its old news mate.

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Its still on,along with the news Notts Forest takeover is complete,wish ours was.

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As of 9.30pm on 10th July 2012 it still is on the site

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Probably cos its old hat and not news anymore?

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Probably because he has NOT actually signed on the dotted line - otherwise it would be on the OS.

Probably 90% sorted out, but until it's on the OS it isn't done, despite what all the media are saying....

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10 Jul 2012 17:19:30
Varney set to snub offers from other clubs and is set to join Leeds. Source - sly spurts

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Them sly sports find everything out... very sly

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Is it just me that is not particularly excited about signing Luke Varney and David Norris? If we are about to bought out by a billionaire then why are we not pursuing better players?

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He's the one I wasn't too bothered about signing

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Yeah im not extremely excited at the prospect of varney signing, he's an ok player nothing more. i think warnock needs to aim abit higher if were to challenge this year
MOT Ben

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Would rather he didnt sign. Just to be warming up the bench and getting paid good money. Definitely a Barn Door esque signing, for me.

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10 jul 2012 17:04:56
been looking at notts forrest rumours and their takeover is also supposed to be announced on the 13th july 2012. is this all coincidence or what??
their supposed buyer al hasawi mentioned nffc, lufc & warnock in the same sentence when he first announce his intentions to buy a championship club. i cannot see both takeovers happening on the same day?? be vary strange if it does!!

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What are you getting at? if i was having a beer with you, id fall asleep!

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Been announced on the local BBC news that it will be tonight that their takeover is confirmed.

Why are we still waiting, I know all good things come to those that wait, but..... how much longer ??

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Nope, they've announced the takeover today.

JS LUFC

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Confirmed as complete. News conference 14 July.
Warnock said last week that he had been approached about Forest job but turned it down.

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Looks like you don't have to worry now. Forest have just confirmed their takeover is complete.

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Forest takeover has been announced on the Beeb web-site.

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Start of Ramadam and Muslim celebrations before month of discipline and new beginning. Its no wonder why Muslim owners are tying this in with the official start of pre season training. Its rather symbolic for them so its pretty understandable for them to seek this week as start. Forest and us have middle eastern buyers

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That fact nw turned job down might be good thing and sign that leeds have got a real take over, that it has not fallen through and that they have money, forest have bigger history, better squad and now have money, nw wants one last promotion hurrar, so leeds must be getting money otherwise i think he would of walked. i know i would if not loyal to leeds as with out a take over and serious money the only way we are getting out of the championship is via the trap door....so could be good signs that we are on our way up

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Forest takeover has been done just hope are's is soon m,o,t

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10 Jul 2012 17:02:06
So the ticket office needs urgent upgrades and will be closed along with all online sales from friday! Surely they must have known it needed doing at the end of last season therefore it would have made more sense to upgrade/refurb before it reopened?!
You wouldn't decide to re surface the pitch a week before kick off now would you.. You do it when the season ends, like we did!

I think there's more to it than they're making out.. Maybe expecting a LOT more business than usual?!
Sounds promising
L.L

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More than likely applying bug fixes. Apologies for dampening the fervour!

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I think that is a very intuitive comment and something in what your saying. Lets hope so!

TeejLUFC

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Ticket office has been in the club shop throughout the close season,,,,kj

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I mentioned this matter days ago and the EDs didn't post my message for some reason?

This could have been done ages ago, or at least on a sunday??

More to this than meets the eye, maybe, like a total handover to a new company happening and a clear cut 'day of change' finance wise?

Just speculation though, nothing known for certain...

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10 Jul 2012 16:49:23
All this talk of an "anti-embarassment" clause appears confusing.

See http://batesipedia.x10.mx/cgi-bin/blosxom.cgi/Publications/Yorkshire%20Post/Administration?_start=61 which states that this clause applied up to the end of June 2008.

It goes on to say that if the club is sold within 10 years of exiting from admin AND the club wins promotion back to the PL, £5M is owed regardless of who the owners are at the time.

Here's hoping for an announcement sooner rather than later.

CTLUFC

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I fail to see how 5 million pounds is the stumbling block some how. Especially when the money generated for getting promoted is 70 + million.

TeejLUFC

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£5 million is small potatoes if you are promoted to the premiership. It would either be built into the purchase price or written off

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Thats true although its better to pay £4.75m after the 5 yr deadline day (July 11th) than approx £27m before it, regardless of how wealthy the next owner is....Thats business!

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At last someone posts the correct facts.
Anti-embarresment clause ran 12 months and the only other clause related to promotion to premier league within 10 years

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10 Jul 2012 15:56:37
Guys and girls the news we are waiting for will be annouced tommorow! Kenny plus 2 more to sign plus takeover! Don revie you will always be a legend! And leeds fans I love you all! MOT darren!!!!!

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Well you are right about Don Revie always being a legend, but the rest remains to be seen....

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10 Jul 2012 15:50:42
was speaking to paul dews today outside thorp arch. He said announcement to be made on the 11th july regarding take over. He mentioned something about 5 years since being in administration.
MOT!

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I don't believe you at all. Let's see what happens tomorrow

Crmd

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I know Paul Dews & there is no way he would disclose that info. Jog on

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I'm not flat out calling you a liar. This might have happened. But If it had happened to me I'd have more than a 2 sentence statement to make about it. Plus I would have kidnapped Paul Dews and coerced the truth out of him !

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I'll see what Paul says about this one.. he's getting popular as a name for bulls**t rumours from people that know f'all.

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Why talk crap, why would Dewsy talk to you outside thorpe arch, get a grip man!

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Paul Dews seems to talk to alot of different people, saying contradicting things to each of them.

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The five years has naff all to do with anything mate.

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10 Jul 2012 16:47:00
For the last time there is no significance to 5 years since administration.
Leeds have and always were liable to £5m over a 10 year period i.e. 2017

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Thats great news,about time,did he say who it is or what time the announcement would be ?

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Wow, brilliant, that's great news! Was that just before you spotted the Pope heading for the woods with a roll of Andrex?

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Once again, the fiver year reference is nonsense. The extra payments due in case of promotion to the premiership last for 10 years, not five. Besides, Ken bought LUFC only a year ago, if you believe his hype.

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Lets hope so,its what we've been waiting for...

SY BsE

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10 Jul 2012 13:22:02
David Norris to sign for Sheffield wednesday today (The Sun).Get your fingers out NW and new owners or we will have another sean with loan players.

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Must be true - its in the Sun!?
ps who's sean?

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It won't be a season of loan players - Warnock never has more than the odd one in his teams

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With all the crap ive heard over the last two months,something wrote in the press is a god send.As LUFC dont seem fit to tell us,old owner or new ones.in my book that puts them in the same boat as bates,F*** THE FANS.PS (SEASON),Sorry not all of us went to uni.

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Get a life poster, obviously warnock doesnt want norris

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Wednesday are welcome to Norris. Once the takover is complete we'll be looking at higher calibre players. In any instance, should all be good, takeover goes through as hoped and promotion secured, how many of the squad will actually be around for the Premiership, especially as we will have a new manager by then?

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So because a takeover is happening promotion is secured? How many takeovers have Pompey had? Give your heads a shake it is going to be nothing like the takeovers at Chelsea or Man City

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10 Jul 2012 12:58:32
Paddy Kenny joining today. 500k ?

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If u have agreed a fee for kenny how can u be talking bout a takeover because u can't spend money while the talks are ongoing

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Because we sold clayton you can only spend money from sale of players whilst takeover is happening so why dont you worry about your own team MOT

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Not true because while a club is is in due dilligence they can't sell or buy players get your facts right

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The fact of the matter is that the investment / due dilligence is more than likely all done, and the only remaining act is to actually sign the contract and announce it.

People don't sign multi-million pound contracts and then organise a press conference in 30 mins to announce it to the world.

Official announcments and press conferences take time to organise properly, and if this is to happen in the next few days, chances are all of the due dilligence was completed days ago.

As Leeds are not listed on the stock exchange we have no obligation to announce anything officially, which would leave us completely in a position to spend any money the owners (whomever that is) like. {Ed001's Note - actually a press conference is either arranged the day before or even in the morning if it is an afternoon/evening one. Official announcements can be done within minutes.}

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Well how have we sold Clayton then. Keep up sunshine.

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To 3rd reply, if you can't buy or sell players during due diligence how did we manage to pull off the sale of Clayton?

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You can actually do what you want during due diligence. Prevention of buying and selling players during due diligence would actually be illegal. The exclusivity period does not impinge on doing business, simply you can't start talking to other parties interested in buying the club during that time.

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So was the Clayton transfer to Huddersfield something we all dreamt?

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Can someone explain to me how we sold Clayton to Huddersfield then please if no purchases or sales are permitted during due dilligence? Thanks JamesC

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10 Jul 2012 12:27:14
A colleague of mine is a community coach at ER. All staff have been told not to park in the West Stand car park tomorrow. I know Paddy Kenny has signed and possibly a press conference for this, but clearing all the car park indicates a bigger event / announcement possibly?

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Or it could be to do with the delivery of equiment and materials for the refurb of the ticket office

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The refurb is on friday and i cant see an entire car park being closed for the sake of a tin of ajax and a pair of rubber gloves

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They must be expecting a serious rush for tickets to actually rip all the present equipment out then.....

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I know some people will actually work at ER on here and know people who do but I will have to wait to see it to believe it!

Its gone on too long now!

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Aren't all of the players returning for training tomorrow? Guess they're not arriving on bicycles!

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Wouldn't expect a big press conference for PK...if there is god help us if he is one of our big signings....

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To the guy who posted the players are returning to training tomorrow...correct, but they train at Thorpe Arch not Elland Road, you must obviously go to the ground often as they haven't trained at ER for years lol. Please Lord let there be some good news soon

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Actually, they trained at Elland Road last Winter when the Thorpe Arch pitches were frozen and they used the under soil heating at ER in order to train despite the conditions.

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10 Jul 2012 11:52:44
Goalkeeper Paddy Kenny looks set to join Leeds United as the Whites continue to build for the new season. The current QPR shotstopper, who has been heavily linked with Leeds, tweeted today (July 10): “Change of plan now not starting pre-season tomorrow but something else is happening at 1pm, oh I wonder what.”

Kenny joined Rangers after leaving Sheffield United in 2010, where he had been custodian for eight years.

The Halifax-born worked with manager Neil Warnock at Bramall Lane and Loftus Road.

The 34-year-old has been heavily linked with a move to Elland Road after QPR signed Robert Green.

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10 Jul 2012 11:49:21
Just driven past ER. Lots of people outside the pavilion with umbrellas. Is something finally happening?

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Is it the "The Dons" birthday today? If so, i imagine thats what the people are there for.....

Having said that, i do get the feeling these investments talks are coming to a close - fingers crossed eh?

LS

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Its don revies birthday so they are at the memorial

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Hi, yes, it is either raining, or they are expecting rain. As good as it gets at ER these days.

tRip

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Its just old players celebrating don revies 85th bday which wud of been today

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Yeah somethings happening - its p*#sing it down! AB

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Yorkshire based reporters filming segments for tonight's news re: the Court Case vs. West Yorkshire Police, which is taking place in London.

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Yes British Gas are holding an event there - it was in yesterday as well!

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Yes, but I think it's the new Don Revie Statue is being unveiled.I'm hoping as every one seems to think the 12th will be the big day after the 5 year deadline has been completed.

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10 Jul 2012 11:19:00
just heard from a very close friend with a few links to club that 2 big announcements today.

1, is on signings. 4 of them he says

and

2, well i can only dream that its true and we all know what that is....


Roll on 1pm

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Cant see them announcing 4 new players in 1 day mayb 1 today n 1 tomorra n so on so on

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Nowt on OS. You'd think they would announce on there if an important press conference was happening today. From looking over work collegues shoulders most other OS for different clubs announce if they are having a press conference, esspecially for something as big as you say it could be.

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There will be nothing till tmoz at the earliest, P.Kenny having a medical Tmoz......MOT
MJB66

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And 1pm came and went. I'm sick of these stupid rumors on takeovers

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It's tomorrow, read Paddys tweet. Your inside info is really on the mark .....NOT, and you can't even read what other people have already said. The only "real" information we have is that Paddy is probably getting unveiled at 13.00 tomorrow, maybe with a few others, but the "others" are based on guessing and hope rather than fact.

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Wrong on both counts, your friend is obviously not as important as he/she would have you believe

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10 Jul 2012 11:17:12
Paddy kenny set to join on a three year contract from qpr source sky sports

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10 Jul 2012 11:03:20
As Leeds United await their impending takeover, the arrival of goalkeeper Paddy Kenny looks imminent.


The current QPR shotstopper, who has been heavily linked with Leeds, tweeted on Tuesday morning: “Change of plan now not starting pre-season tomorrow but something else is happening at 1pm, oh I wonder what.”

Meanwhile, Portsmouth boss Michael Appleton expects developments regarding Leeds United targets David Norris and Luke Varney this week.

Varney and Norris trained with Pompey yesterday (July 9) following their return to pre-season training.

Appleton said: “Their representatives are in discussions with various clubs and it’s just a matter of getting it over the line. It’s probably a couple of quid here or there to be sorted.

“I will be a bit surprised if they are still here beyond maybe Wednesday

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10 Jul 2012 11:03:17
Leeds agree a deal for QPR keeper PAddy Kenny - to sign on Wednesday following a medical. Source - Sky Sports

whitethewhite

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10 Jul 2012 10:44:17
Paddy Kenny joining Leeds - must be one of the best kept secrets in football! White4Life {Ed045's Note - Agreed!

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10 Jul 2012 10:21:04
fee agreed for kenny. no mention of the price!? source: west london sport

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10 Jul 2012 10:15:19
Paddy Kenny just tweeted "pre season not starting tomorrow now because something else happening at 1pm,i wonder what"

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We have signed a 34-year-old keeper on a 3 year contract. What a joke! There were plenty of good younger keepers released by Prem clubs on free transfers Brad Guzan at Villa, Tomasz Kuszczak at Man U Craig Gordon Sunderland Chris Kirkland WBA to name but a few. Surely anyone of those wound have made more sense {Ed045's Note - No pleasing some people, Brad Guzan, unproven vs top prem keepers, Tomasz Kuszcazk hardly featured, Craig Gordan proven in SPL only hardly any prem EXP, Chris Kirkland calamaty?.. Paddy proven constant player in the prem for a season, figured massively in promotion campaign for QPR and is trusted by a manager that has the joint most promotions in English football under his belt, keep the faith, or spread your gloom and doom elsewhere.

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Well said ed045. Keep the faith, quality shot stopper, kept QPR in the PL last season, good pals with warnock and actually seems to be exited to come to the once glorious ell elland road. At least he wants to be here.

Good signing. Futures bright! MOT!!

- forever leeds

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Unlike many other positions, keepers tend to see their best years towards the end of their careers. Look at Martyn vs Robinson for an example of where experience counts when leading from the back.

Van der Saar, James, Seamen, Jaaskelinen, even Sullivan all did well in their latter years. Younger keepers are prone to silly mistakes and often have misplaced confidence.

Personally, I think it's a great signing. He'll command his defence and his experience will be invaluable to the team.

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Spot on Ed ... there's no pleasing some folk.

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Couldnt agree more Ed, and as i remember rightly we inquired about Kuszcazk last season and he was up for a loan move but fergie wouldnt let him come to leeds. Kenny is only 34, bags of experience, and 34 isnt old for a keeper, pat jennings was still playing at 42.

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I wish people would stop banging on about his age, Edwin van der Sar played for Man utd until he was 40, Brad Friedel still doing a job at 41, 34 is relatively young for a goal keeper!

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Paddy is an animal great signing for us. the bulldog

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Edwin van der Sar is a great comparison to Paddy Kenny

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Nigel Martin was 30 when he signed for us. Paddy Kenny will be 35 in May

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10 Jul 2012 10:15:02
Alan Smith has joined MK DONS

aak

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Maybe now people will stop texting that he is coming back to Leeds !!

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Glad Smith has a contract, BUT BY GOD am i pleased he's NOT coming to LEEDS,
He is a bit past it.
SHOCKED at Kenny Getting a THREE YEAR DEAL !! thought maybe 2 but still lets see. plzzzzzzzzz give us news on this takeover my stomach is like a washing machine on high speed lol Gj

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Who cares ... as long as he's not coming to Elland Road.

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Thank god for that! At last this can finally be put to bed...

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Good, no more rubbish about him coming back to the mighty whites then!

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A three year contract, might as well be 2 as most players end up leaving in their last year so as not to leave on a free. 2 years is fair, he aint that old and by then touch wood we may be back in the prem and signing some youth for the future. MOT
ExCroggywhite

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10 Jul 2012 10:13:32
Norris bid accepted from Sheff Weds.

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If we are interested and had a bid accepted also, he would be daffed to go to wednesday.

TeejLUFC

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We need a better and younger player than norris, let him go to wednesday.

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10 Jul 2012 10:13:13
be patient we will have a takeover/invesment this week! warnock would have walked out in june but i hear he has had assurances that money is avaible

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Im getting the feeling its going to be a bit of an anti climax. I can't see the new owners coming in a just throwing money at us, not like Leicester did and too right it proves it doesnt work. Im not being negative its just dragged on that long now the excitment has worn off. I just want to see a few more solid signings and im not naive enough the think we will be signing any superstars.
KarlT

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10 Jul 2012 10:08:44
Alan Smith has signed for MK Dons.......
Thank you God.

Believable19 Unbelievable2

Too true mate, didnt want him back and sick of hearing about it. This finally puts it to bed.

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10 jul 2012 09:53:35
breaking news:

paddy kenny to be unveiled wednesday at 1pm......


supaleeds11

Believable14 Unbelievable5

If you're going to follow his twitter comment atleast get the day right.. said today at 1pm something is happening

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It didn't say today.
"Change of plan now not starting pre season now tomorrow but something else is happening at 1pm, oh I wonder what #cananyoneguess #

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He doesn't say today. U can read it two ways. It makes more sense that something big will be happening tomorrow at 1pm instead of starting pre season training. Why would he not be starting pre season training tomorrow if something happened today. He might mean today but it makes more sense that he means tomorrow

White Rose1919

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10 Jul 2012 09:43:00
Looking like today......

Paddy kenny‏@p20ddy

Change of plan now not starting pre season now tomorrow but something else is happening at 1pm, oh I wonder what. #cananyoneguess #

Believable12 Unbelievable5

10 Jul 2012 09:28:22
and again , looks like could be anounced today
Paddy kenny ā€¸@p20ddy
Change of plan now not starting pre season now tomorrow but something else is happening at 1pm, oh I wonder what

Believable9 Unbelievable3

10 Jul 2012 08:06:42
Paddy kenny posted on twitter going for a run before training tomorrow which is whe Leeds go back to training

Believable9 Unbelievable3

10 Jul 2012 07:09:52
looks like kenny with someone tomorrow
, just tweeted this 07:00 am

Paddy kenny ā€¸@p20ddy
Out running early doors ahead of training tomorrow, can't wait itching to get back

Believable8 Unbelievable2

10 Jul 2012 04:53:01
regarding the takeover at leeds united i found out that ken bates bought the club back 5 years ago on july the 11th i belive and had an agreement with the creditors that if leeds wernt in the premiership or he dident own the club after theese 5 years he dident have to paay back all the money he did owe them so the takeover could be done on the 12th so the incoming investors could save some money. hopefully to be used on transfers MOT

Believable9 Unbelievable6

On that case they can takeover on July 11th then, as the last day of Kens 5 years willbe today (10th)

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Heard this rumour sometime ago and to be honest it does sound quite feasible, whether someone has plucked the 5 year thing out of the air or it is some legal expert that can see this remains to be seen, hopefully it is true and we can start the march together again.

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Cribbed from a comment left by a nomark in the yorkshire Post. Hardly a reliable source!
pistols 50.

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This is a load of rubbish, read the swiss ramble report to see anything to with with our finances its all there. I think, but don't quote me on it, its 2019 before we don't have to pay anything back

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When will people actually check the facts before passing on rumours.
Must have posted this about half a dozen times on here - there is no 5 year clause.
The creditors are due £5m (now £4.75m) if Leeds United are promoted within 10 years of the date of exit from administration i.e. 2017.
It is nothing more than coincidence that an announcement is made on the 12th.
It has more to do with the current court case.

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