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Interesting post on twitter

Discussion in 'Leeds United' started by Eireleeds1, Jul 6, 2012.

  1. Eireleeds1

    Eireleeds1 Well-Known Member

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    No idea how genuine this was but saw a tweet today suggesting when we came out of receivership or whatever five years ago, there was a clause, if club was sold for a profit within five years, Bates would have to pay the debtors at the time an extra dividend. Interestingly the fifth anniversary is 12th July. Maybe sale is being held back till after that date?
     
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  2. ristac

    ristac Well-Known Member
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    Could explain an awful lot if true
     
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  3. Logi_Lufc

    Logi_Lufc Well-Known Member

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    Nope it was only a 1 year clause not 5 years
     
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  4. bucks_is_leeds

    bucks_is_leeds Jonny big spuds
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    Rumour. Dont forget Bates has only recently brought the club off the mystery men so all outstanding payments etc would have had to been dealt with then if there's a shed of truth in it <ok>
     
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  5. Simon21-LUFC

    Simon21-LUFC Well-Known Member

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    It was only 1 year and remember Bates has already technically bought us since then. One of those rumours that gets repeated so many times people start thinking it's fact.
     
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  6. The-Don

    The-Don Well-Known Member

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    Bates is a **** :)
     
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  7. OLOF

    OLOF Well-Known Member

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    Now, that isn't a rumour<ok>
     
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  8. Millwallsteve

    Millwallsteve Waterloo's Finest
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    He's not that bad <whistle>
     
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