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18 Jun 2012 23:17:24
Out watching the Spain game with a friend of mine tonight. Some interesting little titbits.
He just came back from a week's golfing in Spain where he met Howard Wilko one day and then SG the next. SG stated that the atmosphere at Huddersfield is electric, happy people, totally different to LUFC. Also, he hardly ever had a penny to spend at LUFC, and he only spent £500k last year. The company concentrated too much on the stadium.
The next titbit was that my mate is friends with a guy that works for LUFC (ie direct contact) who says:
a) Bates has not been seen at ER for months because he is ill
b) Bates is ready to sell up because the cost base built and the alienation of the fans means he can't service it - ie, he is aware not enough money is coming in
c) Because Bates has made it clear through a number of avenues that he is keen to sell, the delay is not due to due diligence with one company, but is due to the large number of people who have expressed a desire to purchase the club.
d) Because Bates is ill, most of the work is being done by Harvey. Bercause Harvey has been at the club for so long, he is keen to ensure that it is sold to someone who has the best interests of LUFC at heart, not selling to some joker aka Portsmouth.
e) But because Harvey is doing a lot of th negotiation but he does not have control, there are delays as Bates makes decisions and some things Harvey can not decide upon.
f) It is definitely about selling up. Bates knows he can't bankroll the club this year. But apparently, he is trying to do his damnedest to ensure that the people who do buy the club do have the best interests of the club at heart, and they wil not just be looking at selling the club on in a year or two for a quick buck (aka Pompey)
In other words, it could take a long while, and Bates may pop his clogs before it happens, but even though the current regime have completely screwed it all up, they are keen to make sure that they don't just sell to any Tom Dick or Harry.
I am seeing them in a slightly wamer glow at the mo.
