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How Far Will You Go?

Discussion in 'Leeds United' started by snlk/poksnbn, Jan 3, 2013.

  1. strachallister

    strachallister Well-Known Member

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    well the subject you posted was debated, and the overwhelming answer to your question was no we would not stand idly by while some corporation changed our kit colour, unfortunately you Cardiff fans did, and its a shame but you need to move on now pal.
     
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  2. strachallister

    strachallister Well-Known Member

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    such a shame..........
     
    #42
  3. DMD

    DMD Eh? Forum Moderator

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    I hope that slackalice character stops interupting this grown up chat. :p

    If it's a clear top two event I reckon there'll be sausages/pineapple/cheese cocktail sticks and everything. <ok>


    ****ing big word is "if" :laugh:


    I love this league. It'll never happen, but I'd love it if we won and then asked if we could stay here instead of getting sucked in to the Prem farce. The ruptions that would cause would be worth every penny. To say it's worth £60 mill+ is bollocks anyway. :laugh:
     
    #43
  4. snlk/poksnbn

    snlk/poksnbn Active Member

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    Dutch Mountain Dog!
    Feel a bit sentimental about this division as well m8. Most exciting division in the league but as they say , needs must and we have a few bills to be settled.
     
    #44
  5. MarkoLUFC

    MarkoLUFC Well-Known Member

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    I'll make a deal with you. If you can convince Sky Sports to take your view of Leeds United as a football club, then I will concede defeat and go along with it.

    Until then, don't bother coming on here and yammering on about franchises and whatnot.
     
    #45
  6. DMD

    DMD Eh? Forum Moderator

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    **** me, if that's what you base facts on, little wonder you come across as limited. :laugh::laugh:

    No need for Sky news you nugget, some of the papers from Leeds itself was posted on here that supports bits of it. **** me, we used to play who can get the daftest rumour onto Sky news. It's less reliable than wiki ffs. :laugh:
     
    #46

  7. MarkoLUFC

    MarkoLUFC Well-Known Member

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    This isn't a rumour though is it, it's "hard fact" according to you. Sky Sports are who define what a clubs stature is these days, so those are the people you need to convince of your argument if you want to be taken seriously. Get Sky Sports to treat us as a "new club" with "no history" instead of bringing up our past glories as fun facts when they talk about us, or pipe down.
     
    #47
  8. DMD

    DMD Eh? Forum Moderator

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    Sky Sports define **** all you nugget. :laugh:

    If, instead of putting your fingers in your ears and going lah lah lah, with your 'yawn' replies you'd got someone to read and explain them to you, the facts were there.

    **** me, no wonder the people of Leeds want nothing to do with the football club if you're an example of what it attracts. 'Sky Sports defines Clubs' :laugh::laugh:

    What a turnip. :laugh: Was that you dressed as Diouf in that photo? :laugh:
     
    #48
  9. MarkoLUFC

    MarkoLUFC Well-Known Member

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    Sky Sports defines a damn sight more than you do. Why do you think your opinion is worth anything?
     
    #49
  10. strachallister

    strachallister Well-Known Member

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    you really are an obnoxious little excuse fir a dull city fan !! So either put up or shut up.
     
    #50
  11. snlk/poksnbn

    snlk/poksnbn Active Member

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    <laugh> Pot kettle black springs to mind there fella.
     
    #51
  12. DMD

    DMD Eh? Forum Moderator

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    The trouble is, I put the evidence up time and again, and the simpletons say it's boring and won't read it. I keep tryiong to find different ways of explaining it to them, but there's none so blind, as they say. <ok>


    As the ones showing the legal documents didn't convince you, let's try a few random ones.


    11 July: Leeds United Football Club Limited is given control of the club once more,[14] but the Football League refuse to give Leeds their 'golden share' required to play in competitive football


    Friday 27 July 2007

    The League has so far refused to sign over its "golden share" of membership to this new company, which was not bought via a Company Voluntary Arrangement (CVA) agreement of creditors. In all, 41 other Football League clubs have collapsed into insolvency since the Premier League was formed in 1992, and in every previous case, the League has insisted on a CVA being agreed as a condition of transferring its golden share to the new owners.

    Ken Bates is now asking the League to treat his company as an exception. Leeds United is at an impasse, with KPMG having sold the assets to the new company, but the League insisting that the players' registrations are still held by the old company until the golden share is transferred to a new owner. Bates claims to have no links to the old company.



    1 August 2007 :: by Chris Hudson

    The official Leeds United website has just carried the following announcement from Leeds United 2007 Ltd.

    " We are pleased to announce that the board of the Football League Ltd have agreed to transfer the share in the Football League to Leeds United 2007 Ltd. The Football League have transferred the share in 'exceptional circumstances'


    So Leeds United as was is liquidated (as per the previous links from companies house) The right to play in the league was transferred to a new Club, who took on the now unused name of Leeds United.



    There's plenty of other ways of putting it, and no doubt when noMark realises Sky Sports define **** all, he'll still be hiding behind some other piece of random frippery or some teeny bit of this that was elaborated upon in one of the other posts. :laugh:


    The funny bit for me is the reason some of you are so desperate for this truth to be something different. :laugh:
     
    #52
  13. Exodus Geohaghon

    Exodus Geohaghon Active Member

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    [THE NAME LEEDS UNITED]
    <One company runs it for a long time 1919-2007.....><Then another 2007-now>

    Fans follow the name, not the company. We're not 'customers' or 'consumers', we're a community. That name, as you an see on my perfectly-illustrated timeline above, has lived on despite whatever internal regulational quibbling there has been with suits from the FA.
     
    #53
  14. strachallister

    strachallister Well-Known Member

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    Leeds United AFC Ltd entered administration in the control of KPMG Restructuring on 4 May 2007 and on the same day were sold to a new company Leeds United Football Club Ltd subject to a Creditors Voluntary Arrangement (CVA) being agreed. Both Leeds United AFC Ltd and Leeds United FC Ltd were controlled by Ken Bates.

    A CVA requires 75% of creditors (by value) to vote to accept a reduced percentage of the money they are owed. The company was forced to act as HMRC, who were owed in excess of £6m, had issued a winding up petition which was due to expire on 25 June 2007.

    Before creditors voted on the CVA several other bidders came forward with offers for the club, however, the vote, on 1 June 2007, returned 75.02% of creditors accepting the CVA offer (75.20% after a recount).

    Creditors can challenge a CVA within 28 days of the vote. On the 28th day, 3 July 2007, HMRC challenged. With the CVA subject to a challenge, KPMG asked for further offers for the company to be submitted by 9 July 2007. Despite the extended offer period, the administrators still accepted the offer from Ken Bates Leeds United FC Ltd.

    With a CVA agreed, subject to challenge, the Football League transferred Leeds United AFC&#8217;s league share to Leeds United FC Ltd under its &#8220;exceptional circumstances&#8221; provision. The League imposed a 15 point penalty on the club for the 2007-08 season for failing to satisfy the outstanding legal challenge in time, necessitating the &#8216;exceptional circumstances&#8217; rule.

    HMRC withdrew their objection to the CVA the following month. Leeds United subsequently appealed against their 15 point penalty citing a CVA had been agreed and that the league programme does not allow time for spurious challenges to be dealt with. The Football League refused the appeal.

    Believing Football League procedures were at fault, not their own behaviour, Leeds United served the League with a High Court writ to challenge the points deduction, however, both parties agreed to abide by the findings of an arbitration panel hearing.

    The arbitration panel found against Leeds United citing the following two reasons:

    A director of Leeds United FC signed an earlier agreement not to commence any proceedings against the League.

    Leeds United waited 7 months before commencing the action, which brought unnecessary sporting consequences on other promotion chasing clubs, specifically Doncaster Rovers, who would no longer be in an automatic promotion spot if Leeds&#8217; 15 points were restored.

    In summary:

    Leeds United AFC Ltd&#8217;s administrators achieved the necessary 75% support for a CVA.

    They withstood the challenge from HMRC, paid creditors and concluded the transfer of assets, including League share, to Leeds United FC Ltd, according to the terms of the CVA before winding up the old company. No loose ends were left.

    This is not a Liquidator&#8217;s Charter. Provisions in football only exist to transfer a League share from one company to another if creditors are satisfied, either by being paid in full or, as with Leeds United, with 75% agreeing to accept a diminished amount.

    So there you have it pal, not a new club you prick.
     
    #54
  15. MarkoLUFC

    MarkoLUFC Well-Known Member

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    You've missed the most important part of it though:

    Nobody gives a ****
     
    #55
  16. MarkoLUFC

    MarkoLUFC Well-Known Member

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    He's got you by the short and curlies there, DMD. Game is over, you lost, live with it and piss off.
     
    #56
  17. DMD

    DMD Eh? Forum Moderator

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    That's as maybe, but the Football Club that struggled on from the financial irregularities in 1919 is not the same one that's a mid table second tier team today for a number of reasons including the couple of loose points mentioned above and in previous threads.


    You can have your own opinion, but not your own facts. <ok>
     
    #57
  18. DMD

    DMD Eh? Forum Moderator

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    Sorry old love, but what you've missed in that is the fact that there was a crucial point in time (and it was well discussed at the time because I sat with Leeds supporting friends who were livid about it) when Bates had got his timing wrong and Leeds United had ceased to be because Bates refused to fund them, claiming they were nothing to do with him and the company he'd set up was now Leeds United despite the Golden Share being with the Company that he had removed every possible asset with the exception of the players registrations and the golden share required for league status. Just to be clear, Bates said the Leeds United that was in the league had no connection to him or his new Leeds United.


    At that point, Leeds could not fulfil any league fixtures had they been issued as the team with the right to play in the league had no assets or ground. The Club with the ground and assets had no right to play in the league That was the dilemma and brinksmanship.

    The league where left with a space in the league pyramid and a very short time to decide how to fill it. In many ways they whimped out and transferred that league place to the new leeds rather than the other far messier options of deciding to play one team light or shuffling others up the league ladder.

    Make no mistake, Leeds United playing today share only a name with the old liquidated club.
     
    #58
  19. DMD

    DMD Eh? Forum Moderator

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    Afraid not sweet cheeks. the c+p misses some crucial elements.

    **** me, the Club's only six years old and they're STILL trying to tweak it's 'history'. :laugh:
     
    #59
  20. strachallister

    strachallister Well-Known Member

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    you asked for the facts, I present them, you ignore them.

    oh and since you keep quoting the official website http://www.leedsunited.com/page/PottedHistory/0%2C%2C10273%2C00.html


    so let's get it straight pal, yes I have you by the s&c, you can now say what you want but facts are facts no where does it ever say Leeds United were liquidated EVER, they are the same club so all the facts that you had friends that were livid does not hold any factual water, I had one nutter who swore the world would end on 21st Dec, it did not. as for the league stuck for the fixture list lol what a load of tosh, if you are going to continue with lies please back it up, hearsay is not good enough especially yours my little hull fan.
     
    #60

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