Date:Friday March 23 2007
When Ken Bates took up the helm at Elland Road he made buying back the stadium and training facilities a high priority. At present there is a lot of uncertainty surrounding the true owners. Leeds chief executive Shaun Harvey told the Yorkshire Evening Post: 'We have approached the council with a request that they assist the club by providing a mortgage so we are able to re-purchase both the stadium and Thorp Arch. Further adding, 'The mortgage sought from the council would be comfortably covered by security in the form of a charge over the stadium and Thorp Arch and also a personal guarantee from a prominent Leeds businessman.'
As most Whites fans are sorely aware, businessmen baring gifts rarely come to fruition. The principle of buying back our assets however, must be a positive. Does this move have and underlying motive?
The recent allocation of differing sized casinos to various cities has sparked some speculation about the wasteland area to the west of Elland Road. It's no secret that if the area was developed properly it would be a massive source of income to the club. Having seen two similar proposals, including a police station, arena, casino, transport hub and car parking, it looks very good for the future of the region.
I for one hope that Uncle Ken truly has the future of Leeds United at heart, and not his bank balance!
LUFC Bamba - Easy decision to join Leeds (Monday January 26 2015)
LUFC Middlesbrough (a) - Ticket Information (Monday January 26 2015)
LUFC Leeds complete second signing (Monday January 26 2015)
LUFC On This Day -January 26th (Monday January 26 2015)
LUFC Latics interested in Leeds defender (Sunday January 25 2015)
LUFC Leeds Transfer Rumours - Week Four (Sunday January 25 2015)
LUFC Leeds Loan Watch - Mixed afternoon for Ajose (Sunday January 25 2015)
LUFC On This Day - January 25th (Sunday January 25 2015)
LUFC Umbers steps up following Cellino resignation (Saturday January 24 2015)
Redfearn - New signing will add great experience (Saturday January 24 2015)
|Derby County||2||-||0||Leeds Utd|
|20. Leeds Utd||26||6||8||12||-11||26|
|Hooiveld Does Make Den Move
» Millwall : 26/01/2015 21:28:00
|RUFC - Evans Not Sure If Pringle Will Stay
» Rotherham : 26/01/2015 20:09:00
|LUFC Bamba - Easy decision to join Leeds
» Leeds Utd : 26/01/2015 20:06:00
|Another boring cup draw for Royals
» Reading : 26/01/2015 19:56:00
|Derby Host Reading
» Derby County : 26/01/2015 19:47:00