Date:Sunday January 15 2006
He's an easy target at the moment, but Ken Bates has blasted former Leeds chairman Peter Ridsdale. As though everything was hunky dory at Chelsea.
Within 12 months with Bates as chairman, he says Leeds have been transformed from a club riddled with debt into promotion contenders in the Championship.
Bates: 'The difference between me and Ridsdale is, at Chelsea, I always assumed we would finish 10th and get knocked out of both cups in the first round. Anything else was a bonus.
'Ridsdale worked on the assumption that they would qualify for Europe every season and do well in both cups. Anything else was a disaster.
'We had a £75million bond that was used to build the hotels and the best stadium in Europe. That was like a mortgage. The only debt was £20million and that was containable because we qualified for Europe. But we had £150million worth of assets.
'The two hotels were worth £50million. We spent money on assets, not like bloody Ridsdale, who spent it on players.'
LUFC Murphy to miss Blackpool trip (Saturday December 21 2013)
LUFC BREAKING Leeds v Barnsley Teams (Saturday December 21 2013)
McCormack closing in on a number of milestones (Saturday December 21 2013)
LUFC Ross to make it magnicent seven? (Saturday December 21 2013)
LUFC On This Day - December 21st (Saturday December 21 2013)
LUFC Leeds to tonk the tykes? (Friday December 20 2013)
LUFC Haigh - Leeds are looking to buy not sell (Friday December 20 2013)
LUFC It's that referee again! (Friday December 20 2013)
LUFC Leeds v Barnsley - Over The Years (Friday December 20 2013)
LUFC On This Day - December 20th (Friday December 20 2013)
|3. Leicester City||21||13||3||5||11||42|
|4. Derby County||21||12||4||5||18||40|
|5. Leeds Utd||21||10||4||7||9||34|
» Millwall : 21/12/2013 19:34:00
|Charlton Earn Point
» Charlton : 21/12/2013 19:18:00
|Howe: Thankfully we got the win
» Bournemouth : 21/12/2013 18:58:00
|Reading 1 - 2 Wigan
» Reading : 21/12/2013 18:30:00
» Wigan : 21/12/2013 18:21:00
» Birmingham : 21/12/2013 17:44:00
» Blackburn : 21/12/2013 17:39:00