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http://www.mirror.co.uk/sport/football/news/leeds-owner-massimo-cellino-facing-4531330
Ray Fell, chairman of the Leeds United Supporters Club, said: “I think there will be disappointment among the fans to put it lightly if he does not do what he said he would do.
“But I don’t think the fans will be too severe because they appreciate what he has done so far. The club was haemorrhaging £1million a month when he took over and he has spent a lot of money.
“Finger crossed, he can buy it back because it would cement his relationship with the fans."
The way some go on, on here, you'd think the owner hadn't put anything into the club eh...?
Interesting comments by Ray Fell
posted on 31/10/14
Great points all, Radebe You are correct.
And I actually feel better about the club, based
on your post. You make total sense. Cheers
posted on 31/10/14
Cheers tedd,
So if he bought it back who would own ER?
MC,
Eleonora sports,
Eleonora and GFH?
posted on 31/10/14
StefanoSee
Good points are usually lost on some......
I think they avoid them at all costs..!
posted on 31/10/14
I laughed at the notion that if a certain poster filtered all of his challengers/detractors is he left with just an appreciation society?
Weird.
posted on 31/10/14
On a forum for debate........
posted on 31/10/14
Not very well thought through I would suggest, funny as it is for the sensible...!
posted on 31/10/14
Este - who owns depends on from which pot of money he chooses to take the money to pay for it.
If it's LUFC money then it belongs to the club.
If it's Eleonora Sports then it belongs to the limited company. Although ES Ltd own 75% of LUFC everything else they is separate.
If it's his personal money then it belongs to Massimo himself.
Options 2 & 3 mean that the club will probably need to pay some sort of rent, although the amount is up to Cellino. But they also mean that if Cellino falls out of love with Leeds we could be in the same position as we are now.
The third option means no rent and no future third-party ownership, but does mean that ES Ltd will probably expect GFH to stump up 25% of the cost - as it'll be asset owned by a company of which they own 25%. Unless of course, he's negotiated some sort of deal with them.
posted on 31/10/14
Sorry, should preview! I mean "first option" not "third option"
posted on 31/10/14
Cheers tedd,
Things are never simple with us are they?!!!!
posted on 1/11/14
Thanks for the contributions folks