Leeds Utd, how much will they have to spend?

[swindonseagull]

Fed up of my Leeds Utd supporting friend banging on about Leeds having millions and millions to spend in January,

Anyone know anything about the Leeds takeover?

Oh he is from Chichester and has only seen Leeds once at Portsmouth.!!

 

[Camicus]

Take overs gone through a middle eastern bank I belive but Bates is chairman till end of the season so same old same old

 

[HastingsSeagull]

Can't see much happening till the summer no

 

[Stat Brother]

Strange the merest mention of Portsmouth, in that sentence tells you all you need to know.

 

[Barrel of Fun]

How much has Bates managed to swindle this time?

 

[Triggaaar]

Fed up of my Leeds Utd supporting friend...

Oh he is from Chichester and has only seen Leeds once at Portsmouth.!!

Well, by definition, he's not a Leeds supporter is he. Each time he talks about 'his' club, ask who he's talking about, and when he answers, raise your eyebrows and turn away shaking your head.

 

[seagullsovergrimsby]

Take overs gone through a middle eastern bank I belive but Bates is chairman till end of the season so same old same old

Although he is Chairman until the end of the season he won't disappear altogether because he becomes Leeds United's Club President next season.

 

[swindonseagull]

But how much will they have to spend? any ideas?

 

[the wanderbus]

Leeds takeover is not all it seems. It was in one of the papers that they ( the investing company) have been told by a court (in whatever country they're from) that they have to sell assets in order to continue to trade . They have assets of £400+ million but debts of over £500 million. If that is true are we looking at Pompey mk2?