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 Fulham fined £20,000 for Leeds incident (Friday March 27 2015)
LUFC On This Day - March 27th (Friday March 27 2015)
LUFC Redfearn explains Adryan absence (Thursday March 26 2015)
Redfearn plans for summer despite unclear future (Thursday March 26 2015)
Young striker starts in Republic of Ireland defeat (Thursday March 26 2015)
LUFC Cook plays no part in England win (Thursday March 26 2015)
LUFC On This Day - March 26th (Thursday March 26 2015)
LUFC Mowatt plays no part in England win (Wednesday March 25 2015)
LUFC Leeds Legend to be inducted into Hall of Fame (Wednesday March 25 2015)
LUFC Mowatt on England bench (Wednesday March 25 2015)
|12. Sheff Wed||39||13||14||12||-4||53|
|13. Leeds Utd||39||14||10||15||-4||52|
|LUFC Fulham fined £20,000 for Leeds incident
» Leeds Utd : 27/03/2015 19:11:01
|A Ray of Sunshine on the Horizon!
» Fulham : 27/03/2015 18:58:01
|Stephens Bemoans International Break
» Brighton : 27/03/2015 17:44:01
|Fulham Fined £20,000
» Fulham : 27/03/2015 17:26:01
|Owls Strikers to Return After International Break
» Sheff Wed : 27/03/2015 15:10:00