Date:Tuesday July 3 2007
The much publicised CVA proposal made by former Leeds United Chairman Ken Bates will be accepted today provided that no objections are made to the administrators by 4pm.
Following the (just about) successful vote, there has been a statutory period of 28 days for creditors to lodge any appeal, something which prompted action regarding the 1p in the £1 deal offered by a consortium lead by Bates.
The threat of a challenge then forced the former Chelsea man to up his offer to 8p in the £1 following the threat of Government level intervention for the money owed to the Inland Revenue.
Uncle Ken went on Yorkshire Radio to explain what has happened recently, and the implications of any appeal and subsequent rejection of the proposal that would ultimately see the end of Leeds United F.C.
'The Revenue spoke to the administrator on Friday and asked about the situation,' he said. 'And the administrator agreed to look at the situation.
'We then had a meeting on Saturday with Shaun Harvey, the administrator and their lawyers. After a lot of discussions we agreed we would increase the offer by another £1m.'
The end of Leeds United? I would certainly hope not, Vital Leeds United will bring you the news post-4pm just as soon as we can get it.
Join Vital Leeds United!
It's very easy to sign up with Vital Leeds United, simply click the link and enjoy getting involved.
The Message Board: .After you've registered, you will be able to interact with other Leeds United supporters via our forums. To visit the Vital Leeds message board, click here.
Have your say: This website is your website and we are looking for people to help contribute to the site. Do you go to most of the games and want to share your opinions. Why not write a match report?
Do you believe you can make a better half-time pie than the clubs catering contractors? Well write in with a recipe!
We`re looking for contributors to add almost anything and everything linked with the club to Vital Leeds United. To get in touch with us, please feel free to fire an e-mail to firstname.lastname@example.org.
Date:Tuesday July 3 2007
Stats: Nottingham Forest v Leeds United (Saturday December 20 2014)
LUFC Nottingham Forest v Leeds United Teams (Saturday December 20 2014)
LUFC Cook to fry Forest? (Saturday December 20 2014)
LUFC Redfearn confident of adding to squad (Saturday December 20 2014)
LUFC On This Day - December 20th (Saturday December 20 2014)
LUFC Nottingham Forest v Leeds United - History (Saturday December 20 2014)
LUFC Friend in charge at the City Ground (Friday December 19 2014)
LUFC Will Leeds Cut Down The Trees? (Friday December 19 2014)
LUFC Evans impressed with Leeds defender (Friday December 19 2014)
LUFC On This Day - December 19th (Friday December 19 2014)
|Leeds Utd||2||-||0||Derby County|
|18. Leeds Utd||22||6||6||10||-7||24|
|Worst yet admits Karanka
» Middlesbrough : 20/12/2014 23:15:00
|Boro slip against rivals
» Middlesbrough : 20/12/2014 23:06:00
|RUFC - Evans 'It Was Always Going To Be Big Game'
» Rotherham : 20/12/2014 21:52:00
|RUFC - Evans 'Tom Was Stunning Today'
» Rotherham : 20/12/2014 21:49:00
|RUFC - Evans 'It's A Pleasure To Watch This Team'
» Rotherham : 20/12/2014 21:44:00