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Leeds talking to Ken Bates (according to SSN)



Starry

Captain Of The Crew
Oct 10, 2004
6,733
>>Leeds must be desperate to consider him.<<

Desperate times call for desperate measures.

He is using his own money, its not borrowed, or financed on anything. He runs up our debts he loses out. He doesn't come in, we potentially go into admin we lose out. At least he tried.

edit.

Don't count on Bates as I said previously in other threads deal is not done. His bid for Leeds Utd has been matched by another consortium, and a third has put £35m on the table, our current board are at Walker Morris fighting it out at the moment. First of all no one would touch us with a barge pole now there are people scrapping over owning us. Ho hum. Never a dull moment.
 
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Trigger

Well-known member
Jul 4, 2003
40,457
Brighton
Leeds United have confirmed that Ken Bates has completed a £10m takeover of the Elland Road club.

The former Chelsea chairman completed the deal at 0227 GMT on Friday, and has taken a 51% stake in the club.

Outgoing Leeds chairman Gerald Krasner said: "The consortium led by Mr Bates completed the deal this morning.

"This deal ensures the medium to long term survival of the club and I believe Mr Bates' proposals are totally for the benefit of the club."
 


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