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  1. El Presidente

    Leeds now to be fan owned

    The ground was sold for about £7.4 million. Most of it went to HMRC, Barclays and the Co-Op bank. The Albion lost £911k in 1996 so that swallowed up some too. The big question that was never fully explained was the re-sale of the land a year later for £23.86 million a year later. Either the...
  2. El Presidente

    Leeds now to be fan owned

    If what I have heard is correct, when Sir Dick of Knight finally removed Archer from the club, Archer was owed about £1.5million. The Albion board offered him about half that. As Archer was keen to float his DIY chain at the time on the market he accepted the offer, as he wanted a smooth market...
  3. El Presidente

    Leeds now to be fan owned

    Archer lost money on the Albion if my calculations are correct.
  4. El Presidente

    Leeds now to be fan owned

    Facilities? Have you been to Elland Road recently? It's looking very dated, despite the £42 they charged us a couple of weeks ago for admission. Cellini is looking for about £60m for Leeds if rumours are true. Current prices being bandied about for PL clubs are £225m for Everton, £150m for...
  5. El Presidente

    Leeds now to be fan owned

    There are currently four Premier League clubs being hawked around by their owners to a greater or lesser extent. Why not buy one of those if you are a billionaire?
  6. El Presidente

    Leeds now to be fan owned

    It's all very well selling to the fans 'for not a penny profit', but that COULD mean that he wants his money back from the purchase price he paid, plus the losses Leeds have made in the intervening period. Even if the fans do take over, who would underwrite the losses made by the club? Leeds...
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