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BillH
Allan Clarke
Joined: 03 Jun 2007
Posts: 678
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 Posted: Sun Jul 05, 2009 10:54 am Post subject: |
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No prizes for guessing where that £1.5m to pay the costs is going to come from...
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30 Mill
David Batty
Joined: 13 May 2007
Posts: 1343
Location: We love you Melbourne
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| Posted: Sun Jul 05, 2009 8:49 pm Post subject: |
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| BillH wrote: | | No prizes for guessing where that £1.5m to pay the costs is going to come from... |
Exactly - He'll be having a whip round the players asking for a bit to help the club out - FFS!!
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BillH
Allan Clarke
Joined: 03 Jun 2007
Posts: 678
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| Posted: Mon Jul 06, 2009 5:46 am Post subject: |
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| 30 Mill wrote: | | BillH wrote: | | No prizes for guessing where that £1.5m to pay the costs is going to come from... |
Exactly - He'll be having a whip round the players asking for a bit to help the club out - FFS!! |
Well he can argue that his actions were taken on behalf of the club and in the club's interests...
...but that's not really important. With Bates' rather convoluted ownership arrangements it would probably be impossible to know who really pays for what, and there won't be anyone holding him to account no matter what he does.
Do you honestly believe Bates will be digging into his own pocket to settle the costs?
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30 Mill
David Batty
Joined: 13 May 2007
Posts: 1343
Location: We love you Melbourne
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| Posted: Mon Jul 06, 2009 10:09 pm Post subject: |
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More than likely he'll have his insurance paying this off, or finding some tax deductable way
Do you really think he's going to get LUAFC (or whatever the company is now called) to pay his legal fees? Im fairly certain that thats just plain illegal
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BillH
Allan Clarke
Joined: 03 Jun 2007
Posts: 678
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| Posted: Tue Jul 07, 2009 6:27 am Post subject: |
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| 30 Mill wrote: | More than likely he'll have his insurance paying this off, or finding some tax deductable way
Do you really think he's going to get LUAFC (or whatever the company is now called) to pay his legal fees? Im fairly certain that thats just plain illegal |
Only if it's transparent. He was able to buy the club from himself and get rid of the debts during the whole administration scam, which only goes to show that Bates has had a lifetime of learning how to obfuscate financial arrangements.
Of course, you are probably right and the payments will be made through insurance. Then again, who will have to bear the resulting increase in insurance premiums? (...and which insurer is stupid enough to cover Bates against saying something stupid and offending people? That's a bit like insuring someone against there being daylight tomorrow.)
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Garp
Allan Clarke
Joined: 06 May 2008
Posts: 694
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| Posted: Tue Jul 07, 2009 12:42 pm Post subject: |
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| Can you insure against being a gobshite? If so, I reckon Bates' premium must be right up there
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Garp
Allan Clarke
Joined: 06 May 2008
Posts: 694
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| Posted: Tue Jul 07, 2009 12:42 pm Post subject: |
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| 30 Mill wrote: | | thats just plain illegal |
That would stop him for sure.
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raveydavey
Eddie Gray
Joined: 12 May 2007
Posts: 3952
Location: Leeds Yorkshire England
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| Posted: Tue Oct 13, 2009 5:45 pm Post subject: |
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Ken has now been refused leave to appeal:
Leeds United chairman Ken Bates has been refused leave to appeal his libel case defeat against former Elland Road director Melvyn Levi.
The Court of Appeal this week rejected the application against Mr Levi's victory in the summer.
The businessman was awarded £50,000 in libel damages against Mr Bates at London's High Court.
Full tale here:
http://www.yorkshireeveningpost.c...Bates-refused-leave-to.5728389.jp
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