whiterose your endgame is right, but Bates has shown he is not prepared to do that. And "better the devil you know"? You've got to be kidding. QPR won't go into admin, theirowners are happy to bank roll them. Your argumnts are naive in my opinion. Have you come over from ja606?
where is the evidence that Leeds are in such a terrible situation? there are clubs in premier league that are in dire straits compared to a relatively stable Leeds, namely Man Unt. Personally I think Bates has done a decent job
I take it you haven't been listening to the professionals who've said our accounts show dangerously poor cashflow? Or been using your eyes and ears to see that we're an average, no-hoper second division side with a top of the top flight fanbase? Other than passion and principles from the fans (neither of which are attributable to Bates who's been working to destroy them), I can't see what we have that scum don't. Please do elaborate.
Idon't think you have kept up with the facts. There is masses of evidence that shows why we are failing financially as a business. There are plenty of threads on here in the past, on Waccoe, on ja606, on LUST that explain why. I sugest you look for and at them You should then look at the club's accounts, at the fact that they are being invstigated, and at the debts taken on through selling the season tickets for two years and the loan at preferential share agreement, at the inability of theclub to take on players with real quality, at Warnock's comments, at Snoddy and Howson and Johnson and Beckford and Kilkenny comments, and at the fact that we have a load of businesses that all make losses and the only ay the whole business is able to cover those issues is through selling players. You could then look at the cost infrastruture that hasbeen built up, look at thewayBates hasalinatd thepaying custoimer soi that there areso many fewer, look at the season ticket sales figures over the past 5 years. Need I go on? You haveclearly not doneany rsearch and you havenot yet come up with a credibleargument. Andplease do not start about Man U. They are completely different andthey have the income to servcie their debt. That is a separate argument that you have not factored in. Please, do some research befroe bumming Bates on here, cos you will just get grief.
In fairness Jerel none of us have, we are going on hearsay from LUST who say they have spoken to people. I might be wrong on this but I seem to remember that part of the argument was the pending (at the time) court case against West Yorks Police which Bates actually won for a change and a refund of some £3M is on the way. Again I want Bates out as much as anyone but our cash flow problems are down to Bates lining his own pockets and not wishing to invest back into the squad/club. I don't believe for a second Bates would allow his cash egg to go down the pan. He puts back in the bare minimum he has to for us to plod along as we do.
Unless there is a logical reason to disbelieve their proposed evidence, or real evidence to the contrary, their point stands (and therefore so does mine). Not to ignore the total coincidence of us creating the priority shares, auctioning off future season ticket revenues, and starting investment/takeover talks now. Not to ignore the veiled threat (hat-tip to LWMYD blog for posting this) in the Wolves programme notes: "I'm sure that you don’t want Leeds United to go down the same path as Rangers, Portsmouth, both Man City and Liverpool (under previous owners) to name but a few." Even if you ignore the clearly detectable cashflow/admin issues above, I'm still right about us not having enough money to build a promotion squad. Warnock himself has admitted as much. 'Hull paid more for one player than we have for all ours'. 'Not a cat's chance in hell as it stands'. 'Need to use the loan market'. So that alone proves that the Bates business model this season continues to be as broken as it's been from its genesis, and that White Rose's points are seriously unfounded.
This argument has been done to death, and it only makes sense if you're not up to speed on what a crook bates is and if you still, somehow, believe he's doing a good job of running Leeds. The fact we're not competitive at the top of the Championship is proof enough he's doing a terrible job.
What gets my goat up Marko is your total blindness to read what people actually write. 1) Show me where I have stuck up for Bates or denied he is a crook? 2) Show me where I have said I believe he is doing a good job? 3) Show me where the argument has been done to death that these new potential owners are legit? You won't be able to show me any of those three points so when quoting me please stick to fact not fiction and stop reading what you want to see rather than what is written.
Only point I would beg to differ is the cash flow - On another thread someone pointed out that LUST have spoken to experts who believe we won't see the season out without a cash injection, I don't believe this for a second, the cash is there Bates just prefers to pocket it.
As a matter of interest, where did you see the figure of a refund of 3m. To the best of my knowledge it was 1m. But hopefully you are correct
White-rose you sound like a wum to me typical JA606 poster looking to get a reaction. And if you think Bates is doing a decent job of running Leeds you know nothing about the man or you are seriously deluded.
You might be right Eireleeds - I thought I had read £3M but can't find any links to the amount. I know it was 3 years of backdated payments but thinking about it surely a £1M a year policing bill is too large a sum?
Think I'm right but it's pretty irrelevant anyway whether 1 or 10 million. Bates will trouser the lot anyway
