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Bates Looks To Leeds United Future

Leeds United chairman Ken Bates is now looking forward to the future at Leeds United following the announcement that administrators KPMG have chosen the 'New Leeds,' a consortium fronted by Bates himself as the preferred bidder for the club.

Following objection to the Company Voluntary Agreement from HM Customs & Revenue, KPMG decided to put the club back up for sale, outside of the agreement which was originally won by the New Leeds company. Speaking to the clubs official website on the eve of the purchase of Leeds United for an undisclosed fee, Bates was clearly delighted at the decision: 'I'm very pleased. It's been a long haul, but we've got the club, where it should be, and we can now draw a line under the past.'

The next objective now is for the club to regain its share in the Football League. The League are meeting on Thursday, and the club has submitted its application for the transfer of the share."

It is now up to the administrators to sort out the HMRC court hearing, which is set for the 3rd of September and Bates is now only concerned in getting the squad together and ready for League One Football. The start of League One is dependant on The Football League agreeing to allow the club to start the season following the entry into administration at the end of The Championship relegation year.



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The Journalist

Writer: LUFC1 Mail feedback, articles or suggestions

Date:Wednesday July 11 2007

Time: 6:03PM

Your Comments

dont know what to think to this, he seems to have the club at heart i justhope that his new company tbat are running us have the money to keep us stable now
Super-Leeds
The bloke is a shark. Smart operator. Has his own interests at heart like most but I imagine he WILL turn the ship around. LUFC, challenging for promotion to the Prem in 4 years time. What odds that do you reckon?
AC
yes i think things will get better now we've had our downs and now is the time to pick up and start a new fresh in a new season
Super-Leeds
yer he should pump some money in the club
Mr God
Lets just hopefully put this behind us and carry on with the soap opera that is Leeds United.
dazza71
i hope that we get out golden share from the football league because it allows us to do more things like transfers
Super-Leeds
 

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