Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Bates insists there is no issue with Leeds ownership

Fri 8th Apr 2011 | Clubs Ownership

The mystery surrounding the ownership of Leeds United will not cause any problems should the Yorkshire club be promoted to the Premier League insists chairman, Ken Bates.

The Leeds chief executive, Shaun Harvey, told MPs last month the club's owners are a holding company called FSF based in the West Indian island of Nevis, owned by three discretionary trusts.

Bates, the Leeds chairman, yesterday told Yorkshire Radio: "We are fully aware of Premiership rules because when the Football League drafted their rules they did them in consultation with the Premier League to make sure that they fitted in with each other and we satisfied the Football League.

“We know exactly what the requirements are of the Premier League rules and we do not anticipate any problems in meeting those requirements."

Speaking at the inquiry into football being held by the select committee on culture, media and sport on Tuesday Premier League chief executive, Richard Scudamore told the committee that if Leeds were to be promoted the Premier League would apply rules in a stricter manner than the Football League have.

"The Football League have chosen not to apply the rule as robustly as we think we will be applying it," he said. "The Football League have one view of how to interpret that rule and we have a more stern or harsh view of what the rule means,” said Scudamore.

"Our clubs absolutely agree unanimously that we should tell the public who owns the clubs and anything short of that is inadequate."

But Bates, believes they are "missing the point": "I think it is a sad comment on this select committee when they have so many things to talk about and really look at in detail, and depth, all they are concerned about is Capello's contract and Leeds United," he said.

"It says one of two things; is this select committee entirely missing the point or, alternatively, there is not a lot wrong with the state of football."

--------------------------------------------------------------------------------------------------- 

Advertisement - KABA Turnstiles

 

RETURN TO LATEST NEWS SECTION

 

SUBSCRIBE TO THE F.C. BUSINESS RSS FEED

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Mike Ashley Puts Newcastle United Up For Sale

Tue 17th Oct 2017 | Clubs Ownership

Mike Ashley has formally announced his intention to sell Newcastle United. In a statement released on Monday evening, it was announced that owner Mike Ashley was looking to sell the club by Christmas...

EFL To Consider US Style Interventions At Troubled Clubs

Thu 21st Sep 2017 | Clubs Ownership

Giving the EFL unprecedented American-style powers to take over the running of clubs in crisis will be on the agenda when clubs meet today to discuss how the situation which ravaged Leyton Orient can...

Ossett Albion Takeover Brings Readymade Academy

Wed 13th Sep 2017 | Clubs Ownership

The founders and directors of Unita, a local based facilities management company, have taken the reigns at Ossett Albion in a move which sees the EVO-Stik North club inherit a ready-made football...

Southampton Secures Chinese Investment Partners

Mon 14th Aug 2017 | Clubs Ownership

Southampton Football Club has announced the formal conclusion of talks which will see Chinese businessman Mr Jisheng Gao take a stake in the Premier League club. In a letter to fans issued on Monday...