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Post by littlelol on Aug 4, 2007 9:45:59 GMT 10
Leeds hit with 15 point deduction
Leeds hit with 15-point penalty
Bates believes the League One club are now in a good position
Leeds have received permission to play in League One this season after being granted their Football League share but must do so with a 15-point deduction.
The club have appealed against the sanction imposed by the Football League and their case will be heard at a special meeting of all league clubs.
Doubts had been raised over Leeds' future after the club failed to agree a Company Voluntary Arrangement (CVA).
The Football League accepted there were "exceptional circumstances".
But in making their decision, it was stressed they could not allow Leeds to operate outside the strict rules concerning administration.
Leeds are back under the control of Ken Bates after administrators KPMG sold the club to him for an undisclosed sum.
The CVA would have allowed Leeds to pay off an acceptable amount of their debts to creditors.
"The Football League Board agreed that, notwithstanding the manner in which this administration has been conducted, the club should be permitted to continue in the Football League," said a statement.
"Consequently, the board has decided to make use of the 'exceptional circumstances' provision within the League's insolvency policy, for the first time, and agreed to transfer the club's share in The Football League to LeedsUnited 2007 Ltd. Accordingly, the club's share has now been transferred.
"However, it is acknowledged the club did go into administration and has been unable to comply with the terms of the League's well-established insolvency policy.
"As a result, the board determined this transfer of membership should be subject to Leeds United having a 15-point deduction applicable from the beginning of the 2007/08 season.
"Leeds subsequently have lodged an appeal against this sanction, which will be heard at a special meeting of all League clubs, to be arranged in due course."
Football League chairman Lord Mawhinney met with both KPMG and Bates, telling them to change the CVA, which governs how much creditors will get.
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Post by shelleybeach on Aug 6, 2007 6:13:36 GMT 10
it's a heavy price to pay but is all their own doing - league 2 now beckons
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Post by LeedsMariner#4 on Aug 6, 2007 16:52:56 GMT 10
It's never boring being a leeds fan!! there will be an appeal where all 71 football league clubs will vote on the punishment it could be reduced, left standing or INCREASED!!!  |
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Post by greenpoleffc on Aug 6, 2007 17:04:45 GMT 10
Hmmmmmmm you might expect a few clubs will be happy to vote Papa Smurf out of league 1 :-)
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Post by omni on Aug 6, 2007 21:36:34 GMT 10
BATES OUT!
We'll win the conference soon!!!
The FA are making it look like the 15 point deduction is a favour! Where's West Ham's 15 points for their breaching of the rules?
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Post by Andy on Aug 8, 2007 15:59:46 GMT 10
New Leeds Kit:  ;D ;D ;D ;D ;D |
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Post by Bearinator on Aug 8, 2007 16:31:20 GMT 10
BATES OUT! We'll win the conference soon!!! The FA are making it look like the 15 point deduction is a favour! Where's West Ham's 15 points for their breaching of the rules? You could not win Conference if you tried. And leave the Hammers out of this, its not there problem you suck. |
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Post by omni on Aug 8, 2007 21:41:28 GMT 10
Andy, that's a good one  Bear: To be honest I'll take a -50 if it gets Bates out! But yea they'll come last in League One this year given they're going to be surviving on their academy. |
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Post by Bearinator on Aug 10, 2007 11:45:54 GMT 10
Leeds manager Dennis Wise has questioned the motives of the majority of Football League chairmen who voted to uphold the club's 15-point penalty for breaching rules on insolvency.
The 40-year-old Londoner and assistant Gus Poyet did little to hide their despair after 75 percent of the 71 rival Football League clubs voted in favour of the governing body's unprecedented sanction.
But Wise, who carved out a playing career at the highest level on the back of an indomitable spirit, vowed Leeds will come out fighting when they launch their first season in Coca-Cola League One at Tranmere.
Wise said: "It's laughable. Not only have they taken my arms and legs off, now they've cut my b***s off as well."
"It's just not funny at all. We'd like to know deep down the real reasons."
"If you look at the teams in our division I'm sure they probably wouldn't have voted for us if I'm being totally honest."
"I'm disappointed with the whole thing. Minus 15 points. We have to get 106 points to win the league, 92 points to get in the play-offs and 70 points to stay up. Lovely. Thank you very much."
"It's so disappointing, but these players, these fans are going to stick together and be strong and try to achieve it."
"It's going to be very difficult. A lot of people want to see us fall flat on our faces and they've helped make the situation as well."
"So we've got to fight against it, pick ourselves up, dust ourselves down and get on with it."
In between learning the bad news and relaying it to his players, Wise has been working tirelessly to strengthen his squad and succeeded with the capture Norwich midfielder Andrew Hughes.
The 29-year-old has signed a two-year deal for an undisclosed fee and will be involved in the opening-day fixture at Prenton Park.
Wise said: "You know the pleasing thing about it? I've just signed Andrew Hughes from Norwich."
"I told him we were minus 15 points because we lost the appeal and he said 'no problem gaffer we'll just brush ourselves down and let's get on with it'."
"That's someone who wants to join this club. He doesn't care. He wants to give it a real go."
"Every other player I've got here, Alan Thompson, Tore Andre Flo, Leon Constantine, David Prutton, all the ones I've recently spoken to, have said we'll have a go with you and that's the type I want."
Wise conceded neither he nor chairman Ken Bates were popular among Leeds fans, but warned the pair were going nowhere and urged supporters once again to unite behind the club.
He said: "They don't like Batesy and they don't particularly like me, but at the end of the day they've got us, we're part of this club and we're part of them."
"And how many people would take on this? But we will take it on and we love it. We love the challenge and we need them behind us."
"It's difficult because of your background and where you come from. They find it very difficult I think to accept that."
"But this is part and parcel of what football is all about sometimes and it takes a bit of time for them to get used to you and I've got to give them that time and so has Ken Bates."
"He's turned other things around and so have I and in time we can do it again."
Wise chose his words carefully when asked how he felt towards the other Football League chairman who had voted against Leeds' appeal.
He added: "I can't really say. I don't think grudge is the right word. Fair is the word and I think a lot of them will go home and deep down inside will know they haven't been fair."
"Some will have done it for their own reasons and probably not the right reasons."
"Everyone wants to get a head start, so 23 teams in our league have got a very good head start on us."
Wise, still hoping to bring in 'three or four' more players during the next couple of weeks, admitted he and his players will feel they have a point to prove ahead of every match, with the first target to avoid another relegation.
"After that there's other targets we want to achieve, but the first is to get to 70 points."
"It's been a nightmare for us and we've been tested to the limit."
But Wise also had a warning for those clubs in League One who feel the former Wimbledon and Chelsea dynamo is about to buckle under the pressure.
He added: "There is a point to prove. There's a massive point to prove for everyone here and we're looking forward to it."
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marinermick
Moderator 
Coming to Bay 16 Soon
Posts: 8,657
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Post by marinermick on Aug 10, 2007 11:49:56 GMT 10
70 points to avoid relegation which effectively means 55 points to stay up
me-thinks mr wise is exaggerating a wee little
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Post by serious14 on Aug 10, 2007 13:00:03 GMT 10
No less than this club deserves.
I hope they rot in the Northern Conference for all eternity.
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Post by LeedsMariner#4 on Aug 10, 2007 19:15:46 GMT 10
We will be back!!!
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Post by omni on Aug 11, 2007 20:41:00 GMT 10
70 points to avoid relegation which effectively means 55 points to stay up me-thinks mr wise is exaggerating a wee little Yea, I don't think maths is part of the UEFA Coaching course, assuming Mr Wise has that qualification. The fact that Leeds United have survived as a club at all is nothing short of incredible given how terribly managed they have been. |
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