Date:Thursday July 5 2007
Following the announcement that HM Revenue & Customs are set to challenge Ken Bates' offer to re-acquire the club, Leeds United have hit back in a bid to ensure the clubs survival.
It was announced on Tuesday that the Inland Revenue intend to challenge the CVA offer, which 'New Leeds' head Ken Bates had increased from 1p in the £1 to 8p.
Following the announcement, Bates claimed that if the Government organisation continues with their challenge, it could see the club forced into liquidation. Before the CVA deadline, Bates told The Times:
'If there is a legal challenge, it could take two or three months to get to court and be decided,' Bates told the Times, prior to the announcement on Tuesday.
'In the meantime, who is going to pay to run the club?
'So far it's been funded by the 'new Leeds', but if there is a challenge, the 'new Leeds' won't do it because it's a risk.
'The implications are that the club would close down.'
The club have now talked to their lawyers, to investigate the Inland Revenue`s case against Leeds, citing a test case that was defeated when HMRC challenged Newcastle United for VAT charged by football agents.
A preliminary High Court meeting is set to be held on Friday.
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:Thursday July 5 2007
Redfearn - Leeds job would be a massive honour (Thursday October 30 2014)
LUFC Redfearn - I came close to playing for Leeds (Thursday October 30 2014)
LUFC Cardiff City v Leeds United Team News (Thursday October 30 2014)
LUFC Redfearn close to becoming new Leeds boss (Thursday October 30 2014)
LUFC On This Day - October 30th (Thursday October 30 2014)
LUFC Warnock - Players respect Redfearn (Wednesday October 29 2014)
LUFC On This Day - October 29th (Wednesday October 29 2014)
LUFC Lorimer latest to join Scottish Hall of Fame (Tuesday October 28 2014)
LUFC On This Day - October 28th (Tuesday October 28 2014)
LUFC Redfearn - I don't want this to be short-term (Monday October 27 2014)
|Leeds Utd||1||-||1||Sheff Wed|
|18. Leeds Utd||14||4||4||6||-4||16|
|Ince Perfect For Pearce!
» Forest : 31/10/2014 00:21:00
|Our Performance against Fulham.
» Charlton : 30/10/2014 22:03:00
|BWFC: Europe Days
» Bolton : 30/10/2014 22:00:00
|Redfearn - Leeds job would be a massive honour
» Leeds Utd : 30/10/2014 20:00:00
|LUFC Redfearn - I came close to playing for Leeds
» Leeds Utd : 30/10/2014 19:53:00