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algarvejim's Profile
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algarvejim's rumours posts with other poster's replies to algarvejim's rumours posts
26 Mar 2014 11:15:31
I have heard rumours of 20 point reduction if we do go into administration how can the clueless football league sanction this when they have turned down a potential investor so they are the people who are putting us into the position. It just shows how much they hate us.
1.) Don't be so daft The FL DID NOT veto him as an INVESTOR, but as club Owner/Director.
He can Invest if he wishes. Nothing to stop that.
2.) After hearing the news of Cellino being found guilty. Most likely now the F.A. will find him not a fit and proper person etc. Therefore my prediction is that Leeds United will enter another period of administration with all the consequences of points being deducted and most likely another 10 years or so in the wilderness. We the fans have suffered enough. My solution is completely wind-up the club. All Leeds United supporters then support any team playing Manchester United home and away (exception being Chelsea) with the understanding the we still wear Leeds United colours and remain loyal to our club. After all the supporters are the club. (emailed to Y.E.P. 17/3/14)
BeestonWhiteBlue&Gold
3.) 26 Mar 2014 13:37:48
True about not rejecting him as an investor but how can the Football League reject him as an owner when it appears that for 2-3 years they had no idea who actually owned the club during the Bates era?
Is he any more of a criminal than cuddly Ken, Vincent Tan or Roman Abramovic?
4.) If the club goes into administration the administrators will have no interest in football or the FL. They will be trying to secure as much return for the creditors of Leeds Utd as possible. If the FL in their handling or ultimate interference in deciding to bar Celino from buying Leeds has compromised the Club's ability to repay creditors, I assume that the administrator will go after them. It is not just the decision; its the process; length of time; how they acted in the interest of Leeds United and its creditors etc. Ultimately the FL by interfering are making themselves in some way liable in the eyes of the law - so I would expect them to have to explain themselves.
5.) Never mind FL not knowing, did anyone ( fan, director, Bates himself ) actually know.
See there are clubs up and down the country, who seem to be "Owned" by "Consortiums", not everyone in these are named "Directors".
Prime example is Donny, 3 major shareholders ( owners effectively ) only 1 is a director.
6.) If the brown smelly stuff hits the fan then I agree with the chap who suggested winding up the club.
If we can't pay the wages then close the gates on a Saturday and see how much hassle that causes the Football League. It would turn the entire season for all clubs on its head and cause the FL a real headache. If nothing else it would be funny.
They would have to react to that one!
7.) When I said investor I should have said owner.
8.) Quote:If the club goes into administration the administrators will have no interest in football or the FL. They will be trying to secure as much return for the creditors of Leeds Utd as possible. If the FL in their handling or ultimate interference in deciding to bar Celino from buying Leeds has compromised the Club's ability to repay creditors, I assume that the administrator will go after them. It is not just the decision; its the process; length of time; how they acted in the interest of Leeds United and its creditors etc. Ultimately the FL by interfering are making themselves in some way liable in the eyes of the law - so I would expect them to have to explain themselves.Quote
What a load of Turkey. If that was the case then cast your mind back to last Admin period. Wasn't done then won't now.
9.) The reason the prem exists is because the big cubs where being held back by the FL so hey broke away . they should never be celebrating 125 years because it broke up when the big guns decided they were not up to the job
10.) Winding up the club will cause the FA a headache. No it won't, one less club gets relegated from the championship to keep the numbers the same and either they put all our results for the season the same so everyone gets a double win for us and 6 points or they just remove our results completely. Wouldn't take too long and wouldn't effect the positions in the league too much.
11.) FL needs to change big time, Chairmen of other clubs making decisions about other clubs in the same league as them is totaly unfair and a total conflict of interest. Should be made up of a totally independant body.
12.) Algarve Jim where do you live?
I am moving there next few weeks - to Lagos? Regard PAA
13.) Quote: "FL needs to change big time, Chairmen of other clubs making decisions about other clubs in the same league as them is totaly unfair and a total conflict of interest. Should be made up of a totally independant body".
LUFC had every chance to "Nominate" a board member. As does every club in FL. The people on the Board are "Football People", I doubt there is any agenda against LUFC.
14.) I have a place in Ferrais probably about 20 mins from Lagos don't live there full time but will be in next twelve months
15.) Ok Jim. Will keep in touch to have a super bock in the Algarve hopefully watching our beloved LUFC with millions in the bank going forward for a change! All the best. PAA
16.) Yes that would be good will leave message on here
algarvejim's banter posts with other poster's replies to algarvejim's banter posts
17 Feb 2016 16:36:56
I think we should back Cellinio. I know he does upset people but what I am more worried about is if he goes what will we get, he is putting money into the club and from what Evans says he is going to back him in the summer. Also why is there not a campaign against the Arabs why does not someone try and get their 25%.
1.) 17 Feb 2016 16:43:28
Now that is a campaign I WOULD support.
2.) 17 Feb 2016 17:05:46
i would also support this I have been making a poster buying laser pens and hiring a plane as we speak.
3.) 17 Feb 2016 17:36:10
yep i'd support it got the kids in kindergarten working on it already.
4.) 17 Feb 2016 18:11:59
Well I like the kids poster and I also like BW's poster. But how can we decide? Fiiiiiiiiiiiiight!
5.) 17 Feb 2016 18:47:58
Have stated on this site that ghf are the biggest problem with Leeds sitting on their hands waiting for someone to do all the work and walk away with rewards investing nothing wanting everything leeches. Get behind Massimo and show him what love Leeds fans have for their friends and I think Massimo will give us his heart.
6.) 17 Feb 2016 18:53:04
I don't think he's the type you want as an enemy either. Piss him off and he will get his money back and walk away and I don't think he'll worry about who would be sold but like I've said before I think he wants the best for Leeds "for the moment anyway" just hope he doesn't take this minority opinion seriously.
7.) 17 Feb 2016 19:56:38
yes agree would be good to dilute GFH shares, will imagine they will want to keep some mind, that seems to be their plan but if someone could buy say 10-15% of their shares and maybe 10% of MC shares on the cheap (MC wants rid of GFH of course so might do this) then that would be ideal but hey real life ain't like this often.
Great idea alg like it.
8.) 17 Feb 2016 22:34:02
Great idea algar; GFH leeches need to be gone ASAP, how the hell did FL allow them in in the first place has always filled me with suspicion. They contribute to inflate their profits.
MC not perfect but he needs to feel wanted, he's all we have at the moment. No, I haven't always defended MC, why can't he just be more honest with us the fans (Ha Ha, )
9.) 18 Feb 2016 08:52:54
Please correct me if I am wrong here.
If GFH own 25% and Leeds sold McBadgekisser for £11m
Do GFH get £2.75m of that?
and should they be funding 25% of all player purchases?
and paying 25% of all other bills?
10.) 18 Feb 2016 10:29:19
I think you'll find that as Mr Cellino's company own 75% of LUFC, they decide how any funds coming into the club are spent . I. E player purchases, ground purchase, training ground purchase . They only receive a payment if Mr Cellino decides not to spend the income and divvy up the profits instead of re investing them . So as sleeping partners they only really receive money when they decide to sell there share . If the club is worth more than now, they receive a profit, if less they lose or can hold on to there shares Untill it's worth more . I'm not a business lawyer, so not 100% on this . But as the majority shareholder, the decision on how income is spent is wholly Mr Cellino. Additionally if Cellino wanted to invest more money into the club, he would ask GFH for a 25% share of extra expenditure, if they didn't have it or choose not to invest, he would be left to pay it all or not spend at all .
11.) 18 Feb 2016 12:09:52
Or he could take the decision to borrow extra funds, which would become the debt of LUFC, of which GFH would take on 25% of . In other words GFH have no say in what Cellino does with the club, as long as it's legal . So to all those saying they are holding the club back, they can't be . They have no power, they don't have to invest . They just have faith, like we do on Cellino turning the club into a profitable business / football club . They stand to lose money if he messes up! As a shareholder in a major bank, I have no say on how the bank is run, I can maybe vote on how the bank invests money, but the final say goes to the major shareholder . I was using this as an example, I hold no shares in a bank or anywhere! In case HMRC are reading!
12.) 18 Feb 2016 13:01:13
Well done Raggity. That's it in a nutshell. The agreement entered into by Cellino is that he cannot issue any new shares. In short, they wish to keep their share of the cake. Elanora Sports, holds 75% Cellino 2%, Patel 3% GFH the other 20%. There is a clause in the contract (according to YEP) that if Cellino fails to meet the running of the club GFH can buy his shares for £1.
13.) 18 Feb 2016 15:56:22
So all really that happened was Cellino just took over 72% of the debt, in order to try and turn the club into a profitable business, if he can't manage the debt, Ir running cost of the club, he sells it back to GFH for £1? So he has nothing to lose, just all to gain, if he manages to turn a profit .
29 Jan 2016 16:21:05
if the Bolton game is a draw when will it be played seeing we will be playing Boro on the Monday night.
1.) 29 Jan 2016 18:10:54
Knowing our luck. On the Tuesday!
2.) 29 Jan 2016 19:58:07
Or if Shaun gets his way - the Monday afternoon.
30 Oct 2015 08:32:24
Went last night took my son and my grandson.
anything to smile about, nothing the only positive is us the Leeds supporters we still follow our team. One thing I think we will have to stick with the manager we can't keep changing managers every few months the players don't have a clue, will be off on Tuesday night and then on the Saturday only because we have the tickets don't think I have felt this way about leeds ever even back in the 80's.
02 Jun 2015 11:45:23
does anyone know who our new shirt sponsors are might have missed it also when is the new shirt comiing out
1.) 02 Jun 2015 18:29:06
Crackpot Joy!! They are our new sponsors!! Or it could be Dolmio, justa likea Mama used to make! Or even Dominoes with The Italian Job Pizza!!
2.) 02 Jun 2015 18:35:07
What about Viagra? At least we will stay up!!
3.) 02 Jun 2015 19:35:57
Prob FIFA lol
4.) 02 Jun 2015 20:10:24
McNeil Laboratories? Worldwide marketers for Halaperidol.
20 May 2015 15:26:16
I would like to welcome him to Elland Road and give him a chance. He can be looking at players but please sign up Bamba.
02 May 2017 17:24:33
No wouldn't want him back he will just be trouble
Hope he does buy Elland Road back he does have a transfer kitty which didn't include Ross we need to get the clubs foundations right then build up were getting there but do not need to spend stupidly for once leeds are making football headlines for the right things trut the bloke. Also the South Stand is now better than the kop better atmosphere never thought I would say that.
Doubt it will be in Europe. Australia may be.
02 Jun 2016 14:49:44
Knowing Cellino he probably thinks we get promoted then sack him get someone else who will get us into the champions league in first season. any way would like to wish Mr Monk all the best marching on together.
20 Apr 2016 15:56:49
Agree keep him he is doing a ok job probably the best manager we have had for a while, if you listnen to his radio interviews seems to be trying to get our support hope MC gives him a go and give him some money to strenghten the squad.
17 Nov 2015 16:19:15
What are Scotland going to do next summer everyone invited to a party and they are not invited.
06 Nov 2015 13:34:07
I am starting to like Evans now tell us how it is and doesn't get involved in all the other crap that is going on within the club. hope he does get some new faces in think he does know who are the passengers that he has inherited, three points tomorrow would be nice.
06 Nov 2015 10:55:56
I think Mr Cellinio does know what he is doing he is a very good businessman, probably waiting to see what the corrupt football league
decide what to do. I think who ever buys Leeds the football league will find something wrong, the guy didn't pay his VAT and most business people do the same thing. If he does sell the club it needs to be to someone who has the money a football knowledge.