I try not to write articles about the same thing too often, I don’t want to be seen as having an agenda, but whenever I write about Ken Bates the comments I get never cease to amaze me.

Don’t get me wrong, 90% of the comments are from fans that understand the situation that Leeds currently find themselves in and they appear to come from people that are pretty clued up on the facts.

But then there’s the other 10%, those that can’t see a problem with Bates, that have fallen for every line he’s ever thrown them. Hook, line, sinker.

This is the man that once told the world how he wouldn’t rest until Leeds United were removed from the Football League, who told us fans that he would rather liquidate us than allow anyone else to take control. Ken Bates never ‘saved us’ – he just made himself the only option. This is the man that takes millions out of the club year after year for his own personal gain. What is it that people aren’t seeing?

The one argument that always seems to get thrown around in Bates’ defence is that we are now a club operating within our means, a club making profit. Have you ever looked at where that profit comes from?

Year after year our top players are sold and the money seems to evaporate, yet still some cant see what is happening. The club makes a profit, yes, but only because of player sales. Is that really a club running within its means? Reliant on player sales to make profit?

The club has no money left, that much is obvious and we are looking at a bleak future unless the proposed takeover is completed.

Bizarrely, some still seem to question whether the takeover is even real, despite the mountain of proof before them – The supporters trust confirmed that a takeover bid was being made, the club confirmed they were speaking to a group, the buyers representatives even sat with Bates at Elland Road when we played Wolves but still people doubt it.

This takeover is critical to the future of Leeds, despite what you hear from Bates we aren’t a club running within it’s means, we aren’t on a sound financial footing and we are going nowhere with him at the helm. To put it bluntly, Leeds face a very real threat of administration if the takeover does not go through, simply because Bates and the club have no money left.

The money from player sales over the summer was used to replenish the squad, which was a welcomed change as we have seen many a player leave for handsome fees but without the money being reinvested in a suitable replacement in the past, but Warnock has openly admitted that the money has now run out and that he expects no further signings.

The saying ‘so close yet so far’ applies to the current squad, as we are only a few quality additions away from becoming a serious force in this division, though without those additions we can only assume that with injuries and suspensions further down the line that we will fall away into the middle of the table by the time Christmas comes around.

So this is it, the transfer window is about to close. We have a team that is so close to completion yet we have no money to complete it. The club have no money and they are at risk of administration if something does not happen quickly.

The takeover is currently waiting for Bates to sign, we are literally a signature away from having money to spend, a team of quality players and a season of hope. This is the signature of the man who claims to have Leeds’ best interests at heart, the man who repeatedly tells us all how well we are doing financially.

The man is a liar. The quicker those that remain oblivious to the truth realise that, the better.

Twitter – @giddy_goose

 

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  • irishfan
    2 years ago

    Good post!

    Heres hoping we get some exciting news in the next 24hrs.

    Reply
  • Jim Parkin
    2 years ago

    Agree with most of what you say, who can fail to…?
    However, where is this administration fear coming from? We are certainly running close to empty but admin will only arise when debts cannot be serviced…not sure we are there (yet).

    Reply
    • Steve-Turner
      2 years ago

      The administratin talk has come about via people that know more about the ins and outs of the clubs finances. The way I look at it, Bates has the perfect chance to sell up and make himself some money, the alternate is that he stays at Leeds with no money and massive cash flow problems. If he does that, administration would be one of the routes he could go down, he’s done it before and he’s definitely not afraid to do it again.

      Reply
      • Steve-Turner
        2 years ago

        That should say administration. It’s been a long day!

        Reply
        • WurzelCol
          2 years ago

          Bates will sell. If the club go into admin both he and Harvey bill be banned from having anything to do with football, so it’s in HIS interest to sell.Sounds like the only thing that is holding it up is the indemnity protecting him from any future “skeletons” coming to light *allegedly*

          Reply
  • Pattaya Rag
    2 years ago

    We should have realised earlier that getting Bates out is more important than supporting the team.

    An empty ground tonight would really have got Bates’ attention. He would have woken up to the fact that from 1st September he will have 4 months before he can sell another player to balance the books. With gate receipts down he knows it will be a struggle.

    Yes, it’s a hard option for fans but it’s Bates out before the team is on the up.

    Reply
    • Steve-Turner
      2 years ago

      I agree, he seems to think that because we didn’t chant ‘Bates out’ against Wolves that we now all think he’s doing a great job. Something that might be worth looking into is whether we can do a combined protest with the Blackburn fans at the weekend, that’d have a good chance of getting coverage.

      Reply
  • Stephen
    2 years ago

    Good article, but I for one don’t believe in the takeover. The club (and Bates) have only ever talked about looking for investors. I have never seen them use the term ‘takeover’..
    As for some middle eastern looking guy sitting with Bates at the Wolves game . . . . .
    . . . I could get my son in law to put on some sunglasses and look the part! Call me a cynic if you like . . . .

    Reply
    • Steve-Turner
      2 years ago

      That’s true, but the supporters trust confirmed that the bidders want complete ownership of the club, not only that but their would be no need for due diligence for any investment that didnt involve a large proportion of Bates’ share in Leeds being bought out. The problem we’ve all got is that we’re trying to second guess Ken Bates, who is one of the most unpredictable men in football!

      Reply
      • Notts_white
        2 years ago

        Please look at NW’s Independent newspaper column on 18th Aug. and then Peter Lorimers YEP column 2 days earlier, both stating Takeover not investment.
        They also talk about takeover all the time on Yorkshire Radio. Is that enough?

        Reply
  • fringo
    2 years ago

    Can’t agree with you at all there is overwhelming proof of a takeover. There’s the word of the club, the credulity of the Trust, and circumstantial evidence, the presence of 2 from GFH at ER. There’s altogether another plausible conclusion to draw: the whole thing is a scam, and LUST have been taken-in. As you say, “the man is a liar”.
    When you consider the overhaul of the squad in the summer, you have to wonder why a club that’s being sold is being turned upside-down. Unless it was business as usual. There never was a takeover.

    Reply
    • Sunnyleeds
      2 years ago

      My other best bet is that Bates wants to linger on at Leeds. As far as I know he still ownes part of Chelsea village and Abromovich cannot invest in the area.

      Reply
  • aldo brustenghi
    2 years ago

    Hi Steve,

    I would like to add a coment re the take over.

    I had a thought about why it is taking so long…

    There seems to be an opinion that the prospective buyers are property developers…

    If that is the case,are they waiting to see the outcome of the bid for planning permision for a super casino at Elland rd before they invest????

    I have tried rasing the subject on rumour sites and received little to no response…

    I am unable to find any information as to the closing date.

    Do you have info on this and do you think this could be the reason for the delay??

    Regards Aldo

    Reply
    • Steve-Turner
      2 years ago

      Good question. That was something that got picked up on a few weeks ago and at the time a few were worried that they were bidding for us for the wrong reasons, but since then the supporters trust have cleared that up and said that the potential owners are ‘proper people’ who want what’s best for Leeds. According to the trust the hold up is now firmly with Bates, as everything has been agreed other than a few details surrounding what would happen in future if the buyers were to find any hidden skeletons. It’s almost as if he’s worried something might come out in future that he wants no connection with.

      Reply
  • Richard Carter
    2 years ago

    Yawn. Bates will sell when the deal is right for him.
    Nothing you say or do will make a difference. Any purchaser worthy of the name business man will load the club with debr, secured on the assets. We will consequently be saddled with long term debt. The point is very simple. Football is a business. The owners will always screw the fans. The new owners may smile and be nice to the fans but they will still screw us. By personalising it to Ken Bates means we will be prone to repeating the same mistakes next time.
    I suggest an article addressing how other ownership models coild be used to used to protect the long term interests of the club.
    Now that would be interesting, useful and constructive.

    Reply
  • Stephen
    2 years ago

    Oh and another thing. I have been a supporter for over 50 years and a season ticket holder for most of those years (you can check if you like, Mr Bates). This year I have not renewed my season ticket but have chosen to pay on a match by match basis. If everyone did that, you’d hit Mr Bates where it really hurts.

    Reply
    • Alf Tupper
      2 years ago

      That is true, but many fans cannot afford to pay for games that way as it would work out considerably more expensive over the course of a season. PLUS it just hands bates a perfect excuse to sell and not buy anyone else therefore making up any shortfall from season ticket sales.

      Reply
  • Klywhites
    2 years ago

    I my self agree with most of your comments what really riles me is the once infamous YRA doest seem to want to stand together and drive Papa Smurf out ! Every home game Every Away game their needs to be protests to get Bates out it,s O.k everyone agreeing it,s time to say enough,s enough and stand up and fight the fans make a club what it is and the fans can take that away ! this take over saga has a Bates smoke screen written all over it ! enough of the talk it,s time to act , Ppl in the no can apply to the council to organise a public protest and get this movement on the road all it needs is Momentum

    Reply
  • Adam
    2 years ago

    With respect I think this post is a load of rubbish.

    On one hand you ask us to dismiss everything bates says out of hand, on the other you expect is to take the word of people that the takeover is real and genuine? Forgive my cynacism but until the cash is in the bank i won’t be holding my breath. And even when it is I’ll only be holding it in fear that the new owners aren’t what they sold themselves to be and that a path of debt lies ahead….

    And administration? Where the hell do you get that from? As you yourself point out, we’ve made a profit (albeit through less than ideal means!) we have the 3rd lowest wage/income ratio in the top two leagues (behind scum and the ever prudent Blackpool) administration is nowhere near a likely event. Infant of all the clubs in the football league we are in one of the best positions.

    Yes the cupboard is bare, yes we need more if we want to challenge for promotion, yes bates is as trustworthy and believable as comical Ali and his comments about the infidels never reaching Baghdad. But at the end of the day until the new owners deliver the cash and prove themselves to be genuine through their actions and not just the financial ones! I’ll keep on being the cynic years of been a Leeds fan has taught me to be.

    Reply
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