David Haigh is berrydales CEO. So either he is lending us cash, or is taking a bigger stake by the back door to not pay tax.
Not really - did you not look at what I posted yesterday Much much more - the loan from enterprise Insurance http://www.scribd.com/doc/112780000/enterprise-insurance-leeds-united-loan-note the loans from Brendale http://www.scribd.com/doc/152404869/Leeds-City-Holdings-Brendale-Holdings-Ltd-MR01-20th-June-2013 the loan from berrydale http://www.scribd.com/doc/178369349...venth-Sport-Holdings-LTD-15th-of-OCtober-2013 compass debenture http://www.scribd.com/doc/110444114/leeds-city-holdings-compass-contract-services-debenture I have loads loads more
But why would Haigh be doing this. Oh for the days of one decent owner. Cousins and Silver must be turning in their graves.
GFH mortgaging £2M of shares to pay the compass loan http://www.scribd.com/doc/110440247...f-LCH-shares-Leeds-United-Leeds-City-Holdings
Okay, this nit picking at these documents is pointless. They for what I can see are fixed rate loans, even clubs like Real Madrid & Barcelona (plus every club in the world) do this. If you have a sustainable business model, you can Mortgage/Admit ownership on things, because they are almost protected, guaranteed. The differance with the Risdale era is he took risks, these are fixed and to fix something proof has to be shown it is sustainable. To think a football club does not borrow money is ridiculous, to think a football club owned by a bank/investment company doesn't borrow money is ludicrous. TC is showing empty paperwork with lots of "bank terminology" on it, to play on the Leeds UTD fans heart strings which is; debt, fear of collapse/another Risdale era. For the record, I work for a bank. Do not worry, this is just usual football club ****, nothing to be seen here.
Fecking hell. He must be 120 years old. He always struck me as ancient In the early 80s. Thank **** I am already winning this months SBA.
