New Consortium... 20m and then what... Gordon Strachan
January 6th, 2009
I remember him and his teeth or, rather, lack thereof, very well. Great striker, though.
Er... I'm thinking of Joe Jordan, aren't I...
Lorimer was the one with the sledge-hammer shot.
http://news.bbc.co.uk/sport1/hi/football/teams/l/leeds_united/3524664.stm
I would imagine that most of the debt has gone the way of all flesh. The debts that remain are probably for those things that are required on a continuing basis, i.e. for the running of Elland road, etc.
As usual with companies that go tits up the devils in the detail but, nevertheless, good news for your fellas I think. Hopefully you might be able to turn your season around now. I'd like to see it as much as anything for young Smiffy, et al.
Consortium leader Gerald Krasner
Finally! I think everyone is going to be so fired up that we won't lose to Man City now. Just one more thing left to do this year, avoid relegation.
At least the players can focus on playing now, and not worry about there checks bouncing... Leeds should be able to start putting together some results now, I smell an extreme hot stretch from Viduka circa end of last year...
Consortium pays £20 to the creditors (then possibly sell ER for £20m and LUFC stay as a tennant).
The creditors take this money instead of the £80m which they would never see if the club went into administration.
Basically i believe that this would wipe out the debt, and things could start working a bit better.
I remember him and his teeth or, rather, lack thereof, very well. Great striker, though.
Just one more thing left to do this year, avoid relegation.
I think relagation would put Leeds back in financial ruin. This is a great step for the survival of Leeds United.
That's part of the reason for our dire financial situation.
Is anyone here also a member of the Leeds-list?
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