<a href="http://www.soccernet.com/england/news/2001/1130/20011130lufcfowlerlfc.html" target="_blank">I seem to remember you two arguing about this!!!</a>
From the article:
<strong>Schechter was able to raise the money against Leeds' future ticket sales in a loan known as 'securitisation' which is paid back over the course of 25 years. </strong><hr></blockquote>
<img src="graemlins/houllier.gif" border="0" alt="[Houllier]" /><img src="graemlins/houllier.gif" border="0" alt="[Houllier]" />
We had an MD at my ex-firm who used this sort of business logic shortly before the shit hit the fan and the administrators stepped in.
Having heard of the plight of Bury FC, we had better start clicking on the Leeds website now if they are going to be saved.
<img src="graemlins/houllier.gif" border="0" alt="[Houllier]" />
Originally posted by se7en:
<strong><a href="http://www.soccernet.com/england/news/2001/1130/20011130lufcfowlerlfc.html" target="_blank">I seem to remember you two arguing about this!!!</a></strong><hr></blockquote>
I dont argue, I discuss rationally
As I have said the structure of the clubs debt was changed. Simple business practice.
This Schecter bloke must be lying though when he said we could spend again cos Softy and his imaginary friend said we had no money left
Originally posted by marchingontogether:
<strong>This Schecter bloke must be lying though when he said we could spend again cos Softy and his imaginary friend said we had no money left
You must have missed this line then:
He said: 'I'd be insulted if Leeds chairman Peter Ridsdale didn't come back and ask for more money.'
<img src="graemlins/lol.gif" border="0" alt="[Laugh Out Loud]" /> See, I wasn't wrong....
I heard they were having a big Charity sheep sale soon in the hope of prising Dyer away from newcastle...after that celebrity Bingo is on the cards to secure the services of Wayne Bridge!!!! <img src="graemlins/lol.gif" border="0" alt="[Laugh Out Loud]" />
Originally posted by R A Softlad:
<strong>
You must have missed this line then:
He said: 'I'd be insulted if Leeds chairman Peter Ridsdale didn't come back and ask for more money.'
<img src="graemlins/lol.gif" border="0" alt="[Laugh Out Loud]" /> See, I wasn't wrong....
You dont get it do you?! The money is within the club, meaning PR and DOL has access to it whenever they want to buy...a 4M bid for Jermaine Jenas has been made and rejected by Forest in the last few days...your imaginary friend miss that one too?
<img src="graemlins/lol.gif" border="0" alt="[Laugh Out Loud]" />
Sure if by 'the money's in the club' you mean 'we can keep borrowing until we're as far down the shitter as Chelsea' then you'd be spot on.
Originally posted by R A Softlad:
<strong>Sure if by 'the money's in the club' you mean 'we can keep borrowing until we're as far down the shitter as Chelsea' then you'd be spot on.
You are a dunce Softy...concentrate now...Leeds are given 60M and they are spending it.
It is that simple. Got it now?