Wise move!

Anything yellow and blue
recordmeister
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Wise move!

Post by recordmeister »

http://news.bbc.co.uk/1/hi/business/6277752.stm

is it wrong to smile?

Couldn't happen to a nicer club / set of people.
Resurrection Ox
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Re: Wise move!

Post by Resurrection Ox »

&quotrecordmeister&quot wrote:http://news.bbc.co.uk/1/hi/business/6277752.stm

is it wrong to smile?

Couldn't happen to a nicer club / set of people.

Stupid comment. Always bad to see a club in trouble.
GodalmingYellow
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Post by GodalmingYellow »

The sooner Bates is booted out the better. He's done his best to wreck clubs previously.
Mooro
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Re: Wise move!

Post by Mooro »

&quotrecordmeister&quot wrote: Couldn't happen to a nicer club / set of people.
I agree with you in terms of people, but echo ResOxs view that t is wrong to wish bad upon any club, particularly one with such a great history/tradition as Leeds United.

The sad thing is that the people find it a damn site easier to move on unscathed than the clubs they leave behind (just ask Steve Evans)
Pe├▒a Oxford United
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Post by Pe├▒a Oxford United »

What a bastard the man is. I've never been more sympathetic to Leeds United in my life than I am right now.
entirely disenchanted
Baboo
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Post by Baboo »

Wrong to smile - yes. Every football club has decent genuine people attached to it and also others who are not.

It would also be wrong to smile if the same fate befell MK Dons. Very wrong. A smile would no way do the situation justice. Three hours of belly laughter might just about get there.

And using the Wise link - What about STFC.
Under the terms of their CVA (Company Voluntary Agreement), they owe £900,000 to the remaining creditors by June 30. They've known since Aug 2002 that they needed to find this money but according to a Slumdon fan at work they still have not paid up.
recordmeister
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Post by recordmeister »

i am more smiling at:

a) Ken Bates

b) Dennis Wise

c) the Leeds fans who thought it would be a good idea to invade the pitch before the end of their 2nd to last game of the season vs Ipswich total scum and i'm &quothappy&quot for them.

Not the club as a whole. I'd give my right arm to have just been relegated into the 1st Div.... Farsley Celtic here we come.
recordmeister
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Re: Wise move!

Post by recordmeister »

&quotMooro&quot wrote:
t (sic) is wrong to wish bad upon any club, particularly one with such a great history/tradition as Leeds United.
Quick one why should a club be treated any differently because of it's &quotgreat history/tradition&quot. Isn't this what we've seen with West Ham recently and look at the $hit storm that has caused?!

Basically, you are saying &quotLeeds are a big club, so have some respect for them&quot. The &quotbig club&quot card is one that, when played, makes me want to hate clubs even more.
recordmeister
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Re: Wise move!

Post by recordmeister »

&quotResurrection Ox&quot wrote:
&quotrecordmeister&quot wrote:http://news.bbc.co.uk/1/hi/business/6277752.stm

is it wrong to smile?

Couldn't happen to a nicer club / set of people.

Stupid comment. Always bad to see a club in trouble.
Oh, and I don't feel in any way bad / sad about where Boston have ended up. So it is not ALWAYS bad to see a club in trouble.

NB I do feel sorry for their fans. Just not the cheating little club. And I got stuck in Boston for 2 hours this week, which just serves to make things worse! My fav. road sign, however, is in Boston. As you exit the town to the east on the A16, you get to a T-junction and the sign post ahead of you gives you two options: Grimsby or Skegness! Er, neither please! That gives me a lot of sympathy with the people who have to live there. Talk about being stuck between a rock and a hard palce!
Mooro
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Re: Wise move!

Post by Mooro »

&quotrecordmeister&quot wrote:[
Quick one why should a club be treated any differently because of it's &quotgreat history/tradition&quot. Isn't this what we've seen with West Ham recently and look at the $hit storm that has caused?!

.
I'm Not saying that they should be treated differently in terms of [punishment, CVA rulings, points deductions etc, as West Ham appear to have done, but just commenting that it is sad when a club which has had such a great history falls upon such hard times...

Leeds in Div 1 under an honourable leadership, perhasp worthy of a smile, but under a Ken &quot1p in the pound&quot Bates and Dennis &quot1 pea in the head for a brain&quot Wise deserve only sympathy.

Might accept your point about Boston as an exception, but once rid of all of those involved in the fraud case, again deserve to fall no further
recordmeister
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Post by recordmeister »

Agreed onj the Boston side of things.

Hum... I guess we shouldn't forget that we probably wouldn't be where we are now (financially speaking) if we hadn't used a CVA to paid 10p in every pound to (the mainly local?) creditors...
GodalmingYellow
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Post by GodalmingYellow »

Boston have had justice imposed. I wouldn't want to see them go bust, but dropping a couple of divisions seems to me to be fair, given the manner in which they achieved league status.

Leeds, again wouldn't want to see any club, not even Swinedown go bust, except of course for those lovely people in Milton Keynes.

Franchise, I'm with Baboo, I'll be laughing all the way to Kingsmeadow if Franchise go down the pan.
GodalmingYellow
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Re:

Post by GodalmingYellow »

&quotrecordmeister&quot wrote:Agreed onj the Boston side of things.

Hum... I guess we shouldn't forget that we probably wouldn't be where we are now (financially speaking) if we hadn't used a CVA to paid 10p in every pound to (the mainly local?) creditors...
I don't think use of a cva per se is the issue, regrettable though that is. Many companies get into financial difficulties. Sometimes a cva is the only way out and suppliers also have a responsibility not to let their customers build up too big a debt. The issue on Leeds is more to do witha greedy bastard preventing suppliers recovering the most that they could under another offer, just to said greedy bastard can have the club for next to nothing and profit from the suppliers losses.
Mooro
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Post by Mooro »

10p in the pound appears to be some sort of norm for these things, not ideal, but something rather than nothing.

However, as GY says, not only is 1p in the pound is laughable, it is the fact that a deal was somehow struck so that only the same person could buy the club back from scratch rather than give others the chance to offer to do better.

It is for that latter reason I hope someone does come in and take the club off Bates, and hopefully do enough to stabilise the club and also give creditors at least something approaching the norm for these things.

Franchise - no fate is too harsh for them I'm afraid, not least because any fans who've been hit by the original chicanery at the top are still around to be hit again by the longterm fallout. There appears to be more players leaving than arriving, so I would like to think that they've blown their chance to get up and will get clawed back into the mire that is Div2.
Hog
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Post by Hog »

Looks like he's done it then ... http://news.bbc.co.uk/1/hi/business/6292746.stm.
Last edited by Hog on Wed Jul 11, 2007 5:28 pm, edited 1 time in total.
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