Leeds Rumours Archive June 12 2012

12 Jun 2012 23:37:00
The sticking point in the contracts is who pays the extra £5m to the creditors if leeds get promoted before 2015 as per the agreement on liquidting through bates last time.

The ownership of ER & TA re minor details as public regsitery holds details of ownership, and if it is a holding company then that will be easy to contractualise.

Also, transfer market is slow as it always is when euros or WC is on, and most of the targets that are being discussed are not good enough for Leeds.

As the press are the best (as it is their job) to get information surely they would know about this stuff, and if there is any transfers in or out they would be printing stuff anyway.

I had Dinner with Alan Smith last week and he knows sweet FA about any link back to leeds, he cant even get in the MK starting line up ffs!

Lastly, my cousin (Tim Connolly) plays for the maple leafs and he has heard wispers that the deal is lmost done for Leeds.

As soon as you said the Alan Smith part you blew it.

As ay deal is done at boardroom and the maple leaf has ruled themselfs out many times then you nice about smithy then slag him off this post is bull

Can someone please clarify this period of time which was wrote in the administrators agreement, was it 5, 7 or 10 years from 2007, that we have to pay the additional £5m before/when we got back into the premiership??

The sticking point in the contracts is who pays the extra £5m to the creditors if leeds get promoted before 2015 as per the agreement on liquidting through bates last time.

this is a Leeds debt(or commitment), not a Ken Bates debt(or commitment). so makes no differences - so this is all lies

The liability to creditors is £4.75m due if Leeds are promoted to Premiership by 2017 (see company accounts).
As a poster above says there would be no issue/sticking point with this item as it is an ongoing liability of the club and any purchasing party would have to take on all existing liabilities of the club.

The £5m doesn't matter particularly, with the extra money from going up we could pay that off without blinking... Alan Smith was a possibility two seasons ago but its completely over now, and the only people that link us to him are the random posters on this site.

12 Jun 2012 22:02:43
Hi, dont know if mate has already added this text, but here goes.
Me and few friends were having meal in milton keys wen alan smith came in with i think his dad and couple ov guys one who i was told was mk dona chairman.
Being big leeds fan me and my mate slying followed smith in loo's when he went ( i know stalker time ) i casually asked alan when he wud be back at elland rd, which he replied he had hoped too but as leeds were being taken over buy the chinese there wud be no signings at leeds for 2months. He said he had briefly spoke to nw at end of season where he said he wanted him, but he hadnt heard anything since and thought leeds wud now look at bigger names as budget had risen. he did say thou it wudnt surprise him if no players come in before season and mega money available in jan. hope this is true! but dont shoot the messenger, if i was makin it up im sure i cud have added a few fantasy names

Why would you want him back at Ellend road,he aint good enough,what a load of bo--ocks,time for your bed my lad.

Not sure if I get this one...... My understanding is that we will have around 6-8 first teamers, not including kids...... We could have 100m come January, we would be 20 points adrift at the foot of the league..... Pretty sure no buyer will agree to relegation as part of the deal !!!!

You and smith in a toilet your fantasy? More dribble than what ended up down your trousers, so believable that it was in MK and that he knows all the details that it's a takeover and by the Chinese, this is such a pathetic obvious bulls**t of a made up rumour it's just funny, these rumours are just getting worse, really think they should split the site into 3, Leeds rumours Leeds banter and Leeds bulls**t

How cosy meeting Alan Smith in the toilets - did you cross swords & see who could wee to the highest tile like little boys...

If you'd followed me in to the toilets you'd have got a slap, not all the inside gossip of the wheeling and dealings of Bates and Leeds, epescially as like me, A.Smith and the rest the world (outside Leeds Board Room) don't have a clue. Why would anyone tell Smith about it, most our own players don't know, maybe Snoddy does that why been no movement with him, wait and see etc. Can everyone just never mention A.Smith again, why people go on and on about Ex players, they are gone move on. If any come back ok, but posting it on here all the time wont make it happen, you think NW or Bates reads this? What would he be doing on site for Morons like us.
Afghan White.

12 Jun 2012 19:44:16
Leeds United FC to have a cash injection by Saturday at the latest
Colin has been told of the situation and to comtinue the recruitment drive but has been told he can try to attract better players but not offer stupid money for wages. Top earner will still be Snodgrass and apart from him the highest wage will be around 15 k
This has been common knowledge and it's just a case of a little patience on all sides. Ken bates will remain at the club but with reduced control and whatever happens will leave at end of 2012/13 for the sake of his health.
If I'm not believed you can abuse me on Sunday. This deal has been a tough one to organise, not surprising really will the people involved.
Leeds 4ever M O T
Keith

You spoke with mr bates or warnock then have u? did they tell u how much money we have to spend aswell.. all we hear is announcent this day announcement that day blah blah blah.. why do we have t cum out with crap.. we r all frustrated leeds fans but we cant do anything bowt it.. MOT FOEREVER

So these people ? who are involved are ? and to be honest what you say where no further forward ie wages and owner same regime same wage structure

Where has this come from, What are your sources,

What is your source if you are apparently "in the know" about the whole deal? If you were certain about these facts and the parts of the deal, why would you say to crucify you on Sunday if nothing happened.

So how much of the club they buying if bates is remaining also if he is worried about his health why wait a year and please where id your source for this rumour

This is all over twitter with the exact words i just re-tweeted it too, this deal is happening

Another twitter rumour as soon as they asked for proof they shut up

You found it all over your shi==er, do hope you remembered to you'se a cando wipes.
mot4life

No Leeds fan would call their own manager Colin.

Thats rubbish,all leeds fans are calling him colin

So I understand then the the confidentiality clause that binds everyone involved inthe negotiations does not apply to you then?
PeteMOT

The guy who tw***et this after tw**ting it dissapeared and refused to answer any messages back to him i bet he laughed himself silly

Something must be happening or NW would have walked by now if he had no guaranteed money to spend?

I may be thinking of someone else but isnt Keith nearly always right?

Something is going on we all know that. I suspect, like a few, there is no takeover, but ER will be renamed as part of the deal, additionaly, the investor, will be putting up significant money to develop the hotel/casino...expect someone from Vagas to be in on the deal.

KB will remain but slowly dift off over the next couple of years.

Transfer money will be available, but only the figures previously agreed, before this circus started to happen.

Would expect something prior to players reporting back, which i think is 1st July?

12 Jun 2012 18:15:15
Leeds united have signed confidentiality agreement so I can guarentee at the moment nobody knows. The one good thing is if they have signed these agreements something must be happening. I predict a 30% stake bought with the remaining to be bought out at an agreed price if promotion. In desperate need to get this sorted soon so Warnock has a chance of building a promotion chasing squad!!

If "nobody" knows, then how do you "know" Leeds United have signed a confidentiality agreement?

So that means no team investment as bates still keeps overall controll and he is more interested in building the stadium than the team and that means the most they will ever own is 30%

It is common practice to sign a NDA in such matters, at this stage due diligence will be taking place, once all parties are happy with proposals then an announcement will take place, this can take 6-8 weeks so be patient.

Bates would have reduced control.
Most of the future investment in the stadium will be by 3rd party developers if they happen (casino/hotel).
As the poster above states NDA's are standard practice in any acquisition, merger or major investment.

12 Jun 2012 16:55:13
Watts LLP has been commissioned by Larry Tanenbaum K.S.I to investigate and report on the Elland Road stadium and its facilities as part of a re-finance structure of the football club. The client commisioned Watts to manage a thorough technical due diligence exercise and appoint and coordinate specialist sub-consultants. Risk and occupational issues are to be addressed using building pathology services.

There is a reference on top of this article part of which is 22/4/10 which means it could be 2 years old and been done when Bates was trying to get finances for the Hotel

They did IN 2004 think this as been taken from then

All over thefootballnetwork.net forum. Not true this is an old case study made to look like something it isnt.
KarlT

This reads suspiciously well.

Indicates either the investment is either:

a) a sale of ER, which must confirm Bates owns it. Seems odd - why would an investor buy the ground other than to potentially redevelop it?

b) The takeover will re-unite the stadium and the club.

All provided the statement above is genuine, which it most likely isn't.

Seams to me why id he doing a report on elland road leeds united onl rent and if he he re financing the club it means he gonna put us back in debt to buy us oh dear bad days ahead

Also this company maple leaf have already ruled themselfs out publicly

Ed: You should have a believable button an unbelievable button and a DO WHAT? button.
JB

Don't wanna sound thick but what are you on about?

The info you're referring to was carried out when the work on the East stand was done. It's out of date and nothing to do with the takeover/investment.

Ok pal you have been reading not606, and TC is a wind up merchant so copy and paste is no good pal..................

12 Jun 2012 16:04:20
Just read on SSN website that Sheff Wednesday are now close to signing David Norris, good to see that whilst we remain embroiled in what is looking increasingly like the false claims of a take over, the players Warnock wants to bring to the club are being snapped up our lesser rivals.....Typical Leeds, more tough times ahead i suspect GC

And who said we were after Norris or any of the other players we have supposedly been linked with.
Until i hear NW say we were after that player/this player then i don't abelieve a word of it.MOT Trevo

You do know that with every takeover, a transfer embargo is put in place?!

Shape up love, shape up!

There certainly have been some possible signings lost at this time but I think it highlights the fact that there is something actually happening.
It is noticeable that we are holding back from making 'any' bid for 'any' player. I'm sure we would have had some players in or out by this point, if there had of not been something going on at the club.

The quality of a lot of these players appearing here leaves a lot to be desired.
I was hoping for a notch or two up when (said with optimism) the takeover is complete.

Original poster get a grip, these players aren't good enough for us ,we will build a squad capable of promotion, let also rans like wed,palace and hudd have these average players,we will get taken over

Must say I agree with the last post. If we are being taken over then these players that are mentioned are not title or promotion winning standard. I think that now QPR have signed Green then Warnocks hand will be forced if there is competition for Paddy Kenny.

Original poster here, with regards to the shape up love comment, i've obviously missed the part where the club has declared that they are being taken over have i, along with the rest of the fan base i assume...Nothing to confirm a takeover, therefore nothing to confirm a transfer embargo, yet another victim of the Ken Bates rumour mill, purposefully put out to delay having to spend any money....Shape up love shape up

Original poster you really haven't got a clue have you....Bates rumour mill ha ha ha ha

Love the these players aren't good enough for us comments, where have you been for the last 5 seasons, we have had some of the worst players in the history of the club pull on the shirt and now you think players aren't good enough for us

Original poster here, just looking back at my previous post and just underlines some of the geniuses that comment on here, Looks like we were after Norris after all, since he just captained us to our opening day victory, also the shape up shape comment, brilliant looks like you were really suckered in by Mr Bates, you doughnut

12 Jun 2012 16:02:22
Weird nothing by press release from NW what so ever regarding anything in outs nothing. Very strange indeed.

Cockney White
MOT

Warnock is down in cornwall and expected back at elland road monday

12 Jun 2012 15:56:59
The latest news is that Forest appear to have found a buyer. They dont know who, but perhaps it could be Mr.Fasawi.
Hopefully, us Leeds fans, shall hear something positive soon.

Whatever happens with Forest happens. It has nish to do with us. If they get someone buying them out , it doesnt mean to say we wont. What the f*** is going on in the minds of Leeds supporters? Dont lose the plot, people. And it is a good thing if we appaer to not have bought some of our targets (Ward), but Neil is still here. Surely that means something is STILL happening - on the cards at least. And and would anyone want a press release / update pn the situation? Until the deal is completed, it would be wrong to go public with an update. Because things change during negotiations.

Yes but at least Forest fans know what is happening. JD

Hope is is that guy all he will do is fetch young kuwaite guys in he admitted that but also he has admitted not having the funds also wasnt pandini interested in them

12 Jun 2012 15:40:18
i dont think it will be al hawasi who will be taking us over but he did say that he would name which club he has bought at the end of june. altho saying that maybe thats why the long delay perhaps??

loveLEEDShateBATES

12 Jun 2012 14:13:04
Just heard that Al-Hasawi is back in to buy Leeds. It seems to be a straight fight between him and the Chinese consortium. Exciting times ahead. MOT for life. Andy

Canada, USA, China, Hong Kong, Kuwait, Sainsbury's car park and I've even seen the moon mentioned.
Who will it be?

ZZZZZZZZZ. Dull day, so new story time!
Heard from who? The neighbour of the gardener of the brother of Al-Hasawi...

Actually 2 different consortiums are after buying Forest going by SSN so whoever loses may try for Leeds....That seems more likely to me.

Not heard the chinese rumour and al hawazi really dont have the readies i dont think it will be either

Very unlikely,bbc reporting that forest takeover announcement imminent,think thats him,if he has the coin!

Rumour is its a consortium led by bates to buy himself out and not declare who really owns ER and TA

You lot make me laugh leeds hav been locked down in talks for weeks and forest have openly come out and said they are not in the process of a takeover, plus who would want a team with no ambition , weak fanbase and in tons of debt who make a loss each year where as leeds makes 3m profit. leeds are going to be taken over and forest wont do anything this year

Forest only starting Due Dilligence with 2 separate bidders as confirmed on SSN today by their Director.

12 Jun 2012 13:28:22
The consortium led by Sebastian Sainsbury should complete a £25m takeover for Leeds on Friday.

After weeks of negotiation, a joint statement read: "Nova have agreed to transfer £25m into their solicitors' bank account by the end of Thursday and this transaction will be verified at such time by Leeds United's solicitors.

LOOK AT THE DATE YOU F UP THERE MATE....Leeds Finance Director clashes with
By Rich Baggott
November 8 2004

Leeds Club Direcotor clashed live on Radio Aire with Sebastion Sainsbury, frontman for the Nova Financial Consortium that are currently in the process of trying the buy the club

Sainsbury was interested a few years ago but the deal fell through. Havent heard his name being mentioned much this time but you never know.

Sebastian Sainsbury continues to talk up his chances of taking over Leeds United in a £25 million deal. However, his record as a company director is interesting and Ken Bates is vehement in denying suggestions that he is about to come on board.

This was in The Telegraph in 2005! I would have thought Furry Face would want more than £25m now!

KTJ - Kent

Cant see it......owing leeds may not be too good for sainsburys business, we aint too popoular remember :D

Where can we ALL read this statement? Sainsbury's website, beside the Groceries section perhaps....ZZZZZZZ

This actually dates back to October 2004. Nice Try.

I think ure rumour would have bin good 8 year ago postee. it was 2004 wen that was meant to happen.. complete poop this rumour lol.. leedsutdfan

Ime afraid without proof you way off the mark sebastian didnt have the money 7 years ago and he still dont have the money

So where do you find this "joint statement" then? Not on OS !
AltrinchamAndrew

And where did you see this may i ask. or are you just bored.

That take over offer was in 2004. You are only 8 years behind.

This is actually a scam posting. It is a duplicate of something that was a news item from the SL newspaper a few years ago. Shame on the person who posted it.

Think I must have stepped into a 7 year time warp!

12 Jun 2012 16:04:06
an ancient bid in november 2004, sorry to put a dampener on your no doubt well intended post...MOT

12 Jun 2012 16:04:35
The same bloke who gave up 7 years ago?
CE

Wasn't Sainsbury discredited - indeed, in court - not so long ago - he is not involved with any consortium to do with Leeds. At least, I hope he bloody isn't

pm

12 Jun 2012 12:37:45
Over the last few weeks I have observed from a distance the rumours regarding investment and/or take over of your club. Subject to a few minor issues a statement will be made in the next 2 days that your club, ground and associated facilities will be owned by a significant Chinese enterprise with the goal of promoting LUFC as a global brand. Their objective is that within 10 years LUFC will equal the brand of MU. In 12 months time your pre season games will not be in the West Country but in Shanghai, Beijing and Shenzhen. Not only is this consortium planning to invest in LUFC but are also negotiating with Leeds University regarding the suplly of funding in research.

Sounds a wild 'gestimate' based on wild un substantiated thoughts rather than the delivery of a factual rumour. I believe the chinese will land on the moon and many would probably agree but I have no proof that they will do so... simply tooooosh

Yer right what research is that?.....
Flying pigs maybe?

This would be the type of investment to dream about - the notion of a cultural investment in a superpower in need of a real undertsanding of northern humour and Yorkshire puddings in exchange for a few billion yen!

Lol..

Can I have a pint of what you've been drinking ?

JM

Sounds really good apart from pre-season.

Can we go to Cornwall again instead please?

Interesting read. Dont believe it for a second but at least its not the same thing over and over again like the other rumours of the last 2 weeks.

The "distance" you have been watching from must have been the moon, as this is probably the most ludicrous rumour to date.
Thanks for another pointless post In what is a frustrating time for LUFC fans.

Love to be true but come on, using terms like YOUR club just screams trying to hard to make it sound real.

Ha love it when people try to sound "Official".

Yet another in the know poster, it seems every man and his dog knows all the details of these talks.

12 Jun 2012 14:18:05
Just doing a little bit of research and Shenzhen does have some links with Hong Kong.

And The university of Leeds has signed a Memorandum of understanding with the Chinese University of Hong Kong.

Could it be possible!

How long of a distance? Sounds like you're not on the same planet as the rest of us.
CB

Put a name to yourself, give us a clue as to your authority and there is a possibility your remark would be plausible.
Obviously you're not a supporter, your remarks "your club" give that away.
So, if you're not a fan, why the interest?
Why the "from a distance" stuff? and where the bloody hell did China come from? Althoughbeit that's the part of the world where all the money is at the moment.
Come on, show yourself less of the pimpernel stuff.
JB

I heard preseason will take place on the moon if the americans come in, we all be leaving in the space shuttle........

I believe this rumour, people will be hit from left field very soon. We will be mega rich, mega soon.

It sounds too realistic to be made up though. we wont know what to believe. and for those who are slagging this guy off, the website is Leeds RUMOURS, not Leeds facts. Give the guy a break, he might be telling the truth for all we know.

Nice one, I do like a good Chinese. Pre season over there would be a hoot.
p.s.
Will this massive organisation pay the fans to go watch of they are that rich?

Far too many rumours going around but if any are to be true this excites me the most as living in Shanghai my trips home to ER are now few and far between. There is some serious money invested in football over here but also a more murky side with fixed matches and betting scandals...... but nothing quite as murky as our current ownership!

12 Jun 2012 12:28:17
Leeds linked with Rangers Steven Naismith and Rhys Mcabe. I live in Bearsden near Murray park and my dad works with Rhys Mcabe's dad who told him there has been interest for both his son and Naismith. The reason they haven't signed is because they are waiting in the takeover being confirmed so there is evidence of the clubs push for premier league football.

Neilly...

I also live in Bearsden and know the McCabe's, if you can give me the street name of where they live, I may believe you, if you can't then...ZZZZZZZZ (made up yet again)

11 Jun 2012 23:23:08
I'm an electrician from York massive Leeds fan and I'm working in Chelsea's training complex in cobham a lot of the talk today is that Leeds have put a cheeky bid in for Chelsea striker lukaku and only pay around 10% for his wages. The Belgium striker has recently expressed his views on a loan move. Could be worth a go tall and very strong so I hear

Sparky white

Will not happen, he was top scorer in the Belgian league at 17, he will go to a prem club for loan.

The fact he was bought for 20 million plus I think he will have better options than us mikeire

He's going on loan to weirder bremen as part of the Marko Marin deal