Leeds Banter Archive March 04 2011

 

Use our rumours form to send us leeds transfer rumours.

04 Mar 2011 10:42:55
We will win victory over doncaster, i hate them if we don't win the fixture we can wave our top 6 play off spot goodbye

Believable4 Unbelievable0

04 Mar 2011 10:44:02
"I heard that if we get promoted to the premiership within 5 years then Leeds have to pay back the creditors owed as part of the administration deal. Is this correct?!

I'm led to believe we will have to pay back 20p in the pound if we go up this year, but this goes down to 5p in the pound if we go up next year.

Believable4 Unbelievable0

04 Mar 2011 05:29:11
Yes mate, when Ken and his mob bought leeds he offered 1p for every pound of what was owed up front and then offered to pay 30p for every pound what was owed on gaining promotion.
Which is fine considering that you get given 34,000,000 by getting promotion.
Add this to what was owed to the inland revenue and i think he bsically bought them for about 2,000,000 and will have to pay around another 15,000,000 if we get promoted before 2013 leaving us around 17,000,000 to spend on transfers and wages as changes would have to be made. We may have to purchase Thorpe Arch again but am not quite sure about that.

Thats whats is on Wiki any way but I don't know how reliable a source it is?

Believable2 Unbelievable1