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Frazier Cranium

Leeds Fans LLP

Leeds Fans Limited Liability Partnership has been set up following the 'launch platform' of Together Leeds 2015.  TL doesn't exist now, the plan has been completed in that the initiative of Leeds Fans LLp now exists.

And it is, in sports finance terminology, bloody ace

Here's the latest message on the Facebook page of Leeds Fans LLP

'Dear all, now is the time to Register Your Interest in purchasing LF LLP stakes. Please visit http://www.leedsfansllp.com/get-involved/ and fill in your details. No cost involved, this is just to get the ball rolling, and for us to stand up and be counted, so to speak. Believe me, the ball definitely is rolling .  Just a reminder that we're expecting all the bank info etc to be finalised later this month. Thanks, keep on keeping on - we are in this together and we are making massive progress as a Fan Initiative!'

THIS is the Facebook group page too, https://www.facebook.com/groups/1399424990355653/ please join, there is no obligation. Momentum continues to be very strong, and the registrations and pledges on the LF LLP website are absolutely flowing!
Frazier Cranium

LATEST UPDATE FROM LEEDS FANS LIMITED LIABILITY PARTNERSHIP

On January 27th we became Leeds Fans LLP and in the last three weeks we have made a lot of progress behind the scenes.
Firstly, our Executive team is now established. We may add to it as we progress, but it is now up and functioning well. Dylan Thwaites will lead it, using many of the skills honed in building and selling Latitude for £55m. Sharon Reid heads up Marketing and brings her experience as COO for Edelman, the world’s largest PR agency. Steve Hanson, local Leeds Businessman and MD of Callidus is driving the Fundraising with his contacts across the full range of Leeds fans. Petter- Andre Johansson brings international perspective, extensive contacts and superb project skills to the role of Infrastructure Executive. And finally Brendan Meehan, former COO at Resolution, a company he helped sell to Pearl for £5bn, takes the role of Finance and Legal Executive. There is a page on our website with background information on all of the Executive team and their social media profiles http://www.leedsfansllp.com/executive/

It has been said many times that our Exec team is stronger than the Board of Leeds United – this is undoubtedly true, but no one realises that we have ten times that depth in the astonishing talent within our shadow network. Over a hundred people are now giving free expert assistance to our small Executive team, which allows us to move rapidly and professionally.

Our focus currently is for the Finance and Legal team to create a vehicle we can use for fundraising. We already know that few structures used previously will work for Leeds United, mainly due to the quantum we wish to raise, and we hope to have identified our solution this month. The next step will see the Financial & Legal and Infrastructure teams working on how we can actually deliver this solution in as efficient a manner as possible before we launch properly. At the mass meeting in January, Dylan opened with “Luck is when Preparation meets Opportunity”. We really don’t know when or what opportunity will emerge, but if we are sat with £5m in cash, we will have a voice at any table. You can register your interest for our initiative here: http://www.leedsfansllp.com/get-involved/

The Question and Answer page on the website is being updated as we receive new questions, so if you have any questions have a look there http://www.leedsfansllp.com/frequently-asked-questions/. If there’s anything else then get in touch on Twitter, Facebook, via the forum, or email any of the team direct (details on the Exec page). In addition, some the Exec team and members of the shadow network will be in the Peacock or the Duncan before a home game if you want to speak in person.

We have had overwhelmingly positive backing from fans so far. It doesn’t take much imagination to see that if we succeed, this football club will be changed for ever. We will be the only big English club part owned by fans. We will save Leeds United for the coming generations.

As we work through the details to find the best way forward for Leeds Fans LLP, remember that never before have Leeds fans organised so rapidly and with so much expertise – so while the solutions may not be perfect, they are better than we’ve ever had before. We still need more people to join those in the shadow network who are giving their time, skills and resources for free, so if you want to get involved just get in touch, and tell us what your skill sets are.

Recently on BBC Radio Leeds, Andrew Umbers, Chairman of Leeds United, described Leeds Fans LLP as, “speaking for tens of thousands of Leeds fans”. This shows we have that balance right at the moment.
Heyho

I have decided to refrain from any further comments on the Facebook group but am keeping abreast of developments.

My main concern is the little splinter groups all over the place voicing their two penneth worth and not really appreciating that the only way this will work is to be wholly UNITED.

I wish everyone who is putting their valuable time into this cause all the best but personally I don't see any light at the end of the tunnel.
Frazier Cranium

No football club on the planet will ever be wholly united in something like this, especially one as big as Leeds.  It's a long tunnel and a difficult task, there are a few bastards trying at every turn to undermine the idea, spreading lies and repeating myths etc about how LF LLP is building, but thankfully there are plenty of reasonable people too, like yourself, who have genuine questions.  The questions have been answered - see the official forum for instance - but I can't blame anyone for being cautious, given all the shit houses we have had to endure as owners of 'our' club.  

I'm in this for the long haul, I trust who's involved and I trust in the overall plan and approach.  Thousands have registered interest and if that interest as expected equates to financial pledges (bank details should be operational in March I hear) then I believe there will be a lot of very impressed Leeds supporters.
Dock

I've read a few of your posts about this venture Codge and I find it hard to fully grasp and understand what's going on but I honestly and genuinely wish you and those involved good luck with the venture and that your efforts and the efforts of the others are rewarded.

Devils advocate now, re 'big club'. If LU is still such a big club why can't they fill the ground for home matches? Is it the case that LU 'was' a big club but isn't anymore? Historically for a few decades they were a successful club but do you believe that they can ever regain that status as the divide between the haves and have-nots in football widens season after season? How many years can so-called 'big club' status be validated when the ground isn't full and they haven't won anything? These questions aren't meant to wind anybody up, it's a genuine enquiry posing logic against nostalgic romanticism.
Frazier Cranium

Thanks Dock, to 'grasp' anything about the initiative, the best route would be to visit the official site where it's all detailed and where lots of Q's have been A'd

Personally couldn't give a damn about 'big club' or not, it isn't a boast, it's a description from me re getting decent crowds of 24k which is more than quite a few Prem clubs, it's about away matches selling out and host teams having record attendances when Leeds visit, it's about that age-old enigma of Elland Road and the surrounding area 'possibly' belonging to LU, it's about Thorp Arch enigma too, and it's about there being one professional football club in this fine city of ours where there are more than 700k residents, so the potential is clearly there, as is the fact that LU still has many supporters and when, please God, we get some stability off the field and the idiots stop ruining the club, Leeds won't just be big, they could well be massive again.

And if you don't see that, or you choose NOT to see it, then there's not much I or anyone else can do about it

Like I say, it's not a boast, it's just true, Leeds United is a big club, a big club not doing as well as they should be on the football pitch.
Heyho

Ethically I may think it is wrong how Man City did it - a rich sugar daddy and loads of money pumped in. But in reality there are very similar parallels with LUFC and I believe that this is the only way for LUFC to prosper again.

That is why I am not entirely supportive of the current proposals but given the lack of any viable alternative it is probably the only option. Surely the aim is to get back into the top flight of football but do we want a club constantly going up and down.

I'd sell Thorp Arch tomorrow - I have always said that, and I'd develop Fullerton again. That lays the foundation for a club again and not something excommunicated. Yes I know most 'big' clubs have training grounds miles away from their stadium but if the whole thing is to create a fan run family club this has to be the start.

And I wholeheartedly agree with Dock over this Big club tag and thought your answer was great Bob but there are too many Leeds fans with there head up their arses thinking we still are up there and indeed deserve to be. You know no-one deserves it.
Frazier Cranium

I agree.
Frazier Cranium

http://www.idradebeleeds.com/late...nt-could-rejuvinate-leeds-united/

Great interview with One Bryn Law
Dock

Frazier Cranium wrote:
Thanks Dock, to 'grasp' anything about the initiative, the best route would be to visit the official site where it's all detailed and where lots of Q's have been A'd

Personally couldn't give a damn about 'big club' or not, it isn't a boast, it's a description from me re getting decent crowds of 24k which is more than quite a few Prem clubs, it's about away matches selling out and host teams having record attendances when Leeds visit, it's about that age-old enigma of Elland Road and the surrounding area 'possibly' belonging to LU, it's about Thorp Arch enigma too, and it's about there being one professional football club in this fine city of ours where there are more than 700k residents, so the potential is clearly there, as is the fact that LU still has many supporters and when, please God, we get some stability off the field and the idiots stop ruining the club, Leeds won't just be big, they could well be massive again.

And if you don't see that, or you choose NOT to see it, then there's not much I or anyone else can do about it

Like I say, it's not a boast, it's just true, Leeds United is a big club, a big club not doing as well as they should be on the football pitch.


Good points Codge. On the flipside of the potential of 700k residents and it being a one team city, that to me suggests even more that if people were interested enough in LU it would be packed to the rafters every home game.....but it isn't. I also think the 'big club' tag means different things to different people. To me a big club would mean Barca or Celtic where its part of the fabric of the community. It's all down to individual perceptions innit. Re: LU moving forward, one thing that I always cringe at when I drive past ER is the old souvenir shop/hut near the west stand entrance. Even though I have spent many paper round pennies in it pre-match, these days its a fucking eyesore which doesn't exactly promote any statement of intent by the football club and looks dreary. Environment is an important thing in promoting positivity. You know some of the higher-ups, have a word and get it removed. Failing that I'll set Sheeps on it with his hammer.

I think the fact that so much effort has gone into this LLP thing (my dull mind still cant understand it) is a testament to the people who love their club enough to go to such lengths. As I said before, good luck with it and I hope you eventually get what the club needs.
Frazier Cranium

I know NO high-ups at all  Though Heyho is 6 foot 4' in height

TBH, you and H could save yourself some brain energy by just accepting my point that calling Leeds a 'big club' is not a boast.  I meant as much by it as I do when I say Leeds is a big city.  It is, fact!  

I do love Leeds United, just like I love films and TV and onion bhajis.  I think I more love the history which is something I'm very proud of, as we all probably are about something of the past which is very important in one's life.  I don't love the present situation or club, but it's just a main pastime which I hope we the fans can have a part to play in the future of.
Dock

Frazier Cranium wrote:
I know NO high-ups at all  Though Heyho is 6 foot 4' in height

TBH, you and H could save yourself some brain energy by just accepting my point that calling Leeds a 'big club' is not a boast.  I meant as much by it as I do when I say Leeds is a big city.  It is, fact!  

I do love Leeds United, just like I love films and TV and onion bhajis.  I think I more love the history which is something I'm very proud of, as we all probably are about something of the past which is very important in one's life.  I don't love the present situation or club, but it's just a main pastime which I hope we the fans can have a part to play in the future of.


I accept and understand your point about LU being a big club to you. Like I said, it's individual perceptions of phrases like 'big club' isn't it.
Frazier Cranium

It's also a crap club in many ways.
Grind

Heyho

Frazier Cranium wrote:
I know NO high-ups at all  Though Heyho is 6 foot 4' in height


I shall be contacting my solicitor and suing you. I'm 6ft 5". That's worse than calling someone a stylist

By the way for the 2013/14 season Leeds 25k gate average was 2nd outside of the Premiership behind, wait for it, Brighton (hmmm are Brighton a 'big' club). For some reason that was 20% up on the previous year as well.

25k would put you well above relegation using attendances if you were in the Premiership. Given the 'attractions' of MUFC, Chelsea, MCFC etc you could expect an average of 35k which sits you in a European spot above the likes of Spurs, Everton et al.
Frazier Cranium

Brighton I think moved into a brand new shiny stadium funded by AmEx and the fans were in optimistic mood, with an apparently progressive coach and exciting players there.  If I've got my dates wrong, sorry but don't look it up, it's not worth the trouble  

They played us off the park this season at ER in the first half but are really struggling at the moment.  I would wager that even though their support base in England is quite impressive, they don't have fan/supporters' clubs all over the world, like Leeds do, primarily because Leeds has a stronger history in terms of honours and European competition.  And that's no disrespect to Brighton at all, or Southampton or Bournemouth who both are doing fantastically well but could be described as 'small' south coast teams in terms of support base.


* with your heels on you might be 6 foot 5, granted
Dock

Frazier Cranium wrote:
Brighton I think moved into a brand new shiny stadium funded by AmEx and the fans were in optimistic mood, with an apparently progressive coach and exciting players there.  If I've got my dates wrong, sorry but don't look it up, it's not worth the trouble  

They played us off the park this season at ER in the first half but are really struggling at the moment.  I would wager that even though their support base in England is quite impressive, they don't have fan/supporters' clubs all over the world, like Leeds do, primarily because Leeds has a stronger history in terms of honours and European competition.  And that's no disrespect to Brighton at all, or Southampton or Bournemouth who both are doing fantastically well but could be described as 'small' south coast teams in terms of support base.


* with your heels on you might be 6 foot 5, granted


The foreign fan thing doesn't count for anything. I remember all the pics of the Scandinavian LU fans or the Irish lads being featured in the match day programmes when they visited. It doesn't put bums on seats currently and if I was a betting man (leave it) I would guess that the foreign fanbase will wither as those fans of the great LU era's get older and aren't replaced by younger fans. Just as when all the Leeds fans of yours and LD's generation who remember the really good Leeds sides are old men sat in a pub corner orating to an audience consisting of no one but the landlord's dog about remembering when LU were GOOD.

Attendances will inevitably fall in the coming years at most football clubs because there's so much better stuff for kids to do these days and for parents with tight budgets to pay their hard-earned on, instead of dragging kids along to stand with hate-mongering racist backward morons (ok, I know all of you aren't but LU easily fills its quota) to watch average/fairly good footballers. I was having a glass of pop with a Reg the other week who took his lad to see a not very good game and it cost them the thick end of £50. It's just not sustainable. It really isn't. I hope you and those LLP people can encourage the propagation of future younger supporters. You show em' Codge!

*Votes Codge*
Frazier Cranium

So chaps, seeing as you disputed my original reasonings of Leeds being a big club, care to tell us what your perspective of big is then, in this second division where Leeds are toiling?
Heyho

Dock wrote:
Attendances will inevitably fall in the coming years at most football clubs because there's so much better stuff for kids to do these days and for parents with tight budgets to pay their hard-earned on, instead of dragging kids along to stand with hate-mongering racist backward morons (ok, I know all of you aren't but LU easily fills its quota)


At least we don't shag dogs.

Seriously though there was something I was listening to on Radio 4 that said this new Sky deal could end up with prices falling at the gate as the importance of gate receipts to the overall turnover becomes much less critical. There might be more of an attraction to fill grounds so to look good on telly.
Frazier Cranium

As soon as a couple of chairmen said the increased money 'won't go towards player wages' I knew all that theory Heyho is fucked

A FEW clubs might knock 50p off match tickets but that's about it.  Anyway, I've got an EDL march to attend, but I think I'll just nip in to the local bookies which is heaven-like I hear, compared to the surroundings and people at Leeds games, watching a sport which is clean and pure as the driven snow aka horse racing
Heyho

Frazier Cranium wrote:
So chaps, seeing as you disputed my original reasonings of Leeds being a big club, care to tell us what your perspective of big is then, in this second division where Leeds are toiling?


Big should be defined as a level of continuing success over a period of time starting from the current day. Success being Championships, FA Cups, European etc etc. Maybe in the last decade

So the big boys will currently be Scum and Chelsea

Bubbling under will be the likes of MCFC and Arsenal

Of course over the decades there have been other 'big' clubs such as Forest in the 80's, Liverpool in the 70's and 80's and of course good old Leeds back in the late 60's and 70's. I wouldn't class the success Leeds had in the 90's under Wilkinson and O'Leary as classing them as big. Otherwise the likes of Everton and Spurs could be labelled.

But 'big' seems to be used to define a club with the financial clout to attract and purchase players. In which case Scum, Chelsea, Arsenal, Liverpool, MCFC become 'big'. And then that financial clout breeds success.
Heyho

Frazier Cranium wrote:
As soon as a couple of chairmen said the increased money 'won't go towards player wages' I knew all that theory Heyho is fucked

A FEW clubs might knock 50p off match tickets but that's about it.  Anyway, I've got an EDL march to attend, but I think I'll just nip in to the local bookies which is heaven-like I hear, compared to the surroundings and people at Leeds games, watching a sport which is clean and pure as the driven snow aka horse racing


I was thinking of going over to Huddersfield to have one of them horse burgers that those darkies serve over there.
Dock

Frazier Cranium wrote:
So chaps, seeing as you disputed my original reasonings of Leeds being a big club, care to tell us what your perspective of big is then, in this second division where Leeds are toiling?


Ah I see now. Yes LU are a big club in their division. I agree. Just not in the overall scheme of things.
Dock

Frazier Cranium wrote:
As soon as a couple of chairmen said the increased money 'won't go towards player wages' I knew all that theory Heyho is fucked

A FEW clubs might knock 50p off match tickets but that's about it.  Anyway, I've got an EDL march to attend, but I think I'll just nip in to the local bookies which is heaven-like I hear, compared to the surroundings and people at Leeds games, watching a sport which is clean and pure as the driven snow aka horse racing


Again we see a lack of any understanding about horse racing. I agree Bookies are awful places, I can't remember the last time I went in one. For the record you can be a fan of horse racing who likes the occasional bet or bets when they go to a racecourse, or alternatively you are a fan of betting on horses. The two are polar opposites to each other. Most of the losers who hang around in betting shops have never visited a racecourse, they are interested in chasing money. As for racing being bent? Of course some of it is but not all of it. It's the most heavily regulated sport in the country. Just check, I know you won't. And for the record if you read my post close enough, it doesn't say ALL fans/or you are racist. But whilst we are on the subject tell me one other sport where the spectators do monkey impressions to black people or actively seek out fans of opposing teams before or after a particular match/event with no other intent but to cause violence. Think of any? No, thought not. Grown men in a pack mentality is a fucking sad existence. Most young men progress into mature adulthood instead of shouting bile from terraces whilst in the safety of numbers with their own kind of shithead. As I said not all fans are like that..........but enough of them are. Like the Gay chants that fans from Brighton get. It's 2015 FFS!

Honestly wasn't saying you were one of those racist arseholes Codge. I know you are a good bloke. My point was that I wouldn't dream of taking my boy to ER, even in the East Stand you get some awful aggressive stuff shouted by Dad's.
Frazier Cranium

And once again the Dockster has a temporary loss of sense of humour.  Dock, society is full of racist, homophobic, sectarian, dishonest, addicted cunts, and society includes even the sport of kings, get over it, Leeds United has plenty of issues just like most other football clubs' support.

We as a country spend billions on wars we shouldn't even be involved with, and you wonder why there are a lot of thugs following football?  And not just football.

Cheers, off to make my lunch now
Dock

Frazier Cranium wrote:
And once again the Dockster has a temporary loss of sense of humour.  Dock, society is full of racist, homophobic, sectarian, dishonest, addicted cunts, and society includes even the sport of kings, get over it, Leeds United has plenty of issues just like most other football clubs' support.

We as a country spend billions on wars we shouldn't even be involved with, and you wonder why there are a lot of thugs following football?  And not just football.

Cheers, off to make my lunch now


Jeez. I just said I thought you were a good bloke and I still get a gobfull off you. I can't win me.

*also makes lunch*

PS Could you explain the correlation between unjust wars/defence budgets and adults shouting bile at football matches that you allude to?
Frazier Cranium

Sure bud, We Are British and so we are the hardest nation on earth, don't mess with us you foreign bastards, don't oppose our team and come and have a go if you think you're hard enough, sort of thing

BTW I still have your Creation dvd, can I send it back to you please, or sell it on ebay?
Dock

Frazier Cranium wrote:
Sure bud, We Are British and so we are the hardest nation on earth, don't mess with us you foreign bastards, don't oppose our team and come and have a go if you think you're hard enough, sort of thing

BTW I still have your Creation dvd, can I send it back to you please, or sell it on ebay?


Sell it on ebay if you want mate. You might get enough for a pint.

*makes lunch again*
Frazier Cranium

Make Lunch Not War.
Dock

Frazier Cranium wrote:
Make Lunch Not War.


Give Peas A Chance!
Grind

Dock wrote:
Frazier Cranium wrote:
Brighton I think moved into a brand new shiny stadium funded by AmEx and the fans were in optimistic mood, with an apparently progressive coach and exciting players there.  If I've got my dates wrong, sorry but don't look it up, it's not worth the trouble  

They played us off the park this season at ER in the first half but are really struggling at the moment.  I would wager that even though their support base in England is quite impressive, they don't have fan/supporters' clubs all over the world, like Leeds do, primarily because Leeds has a stronger history in terms of honours and European competition.  And that's no disrespect to Brighton at all, or Southampton or Bournemouth who both are doing fantastically well but could be described as 'small' south coast teams in terms of support base.


* with your heels on you might be 6 foot 5, granted


The foreign fan thing doesn't count for anything. I remember all the pics of the Scandinavian LU fans or the Irish lads being featured in the match day programmes when they visited. It doesn't put bums on seats currently and if I was a betting man (leave it) I would guess that the foreign fanbase will wither as those fans of the great LU era's get older and aren't replaced by younger fans. Just as when all the Leeds fans of yours and LD's generation who remember the really good Leeds sides are old men sat in a pub corner orating to an audience consisting of no one but the landlord's dog about remembering when LU were GOOD.

Attendances will inevitably fall in the coming years at most football clubs because there's so much better stuff for kids to do these days and for parents with tight budgets to pay their hard-earned on, instead of dragging kids along to stand with hate-mongering racist backward morons (ok, I know all of you aren't but LU easily fills its quota) to watch average/fairly good footballers. I was having a glass of pop with a Reg the other week who took his lad to see a not very good game and it cost them the thick end of £50. It's just not sustainable. It really isn't. I hope you and those LLP people can encourage the propagation of future younger supporters. You show em' Codge!

*Votes Codge*


I know of at least one foreign fan who has a twenty year bond (still running!) and has held a season ticket continuously since 1988, despite paying income tax to the IRS since 1998. *

He also has a sudden craving for lunch.

* He is smart enough to not go to games very often though...
Grind

Weirdly, I think I might possibly follow the team more because I am here than I might be doing were we still in the UK.

Work, wife and distances had already been getting in the way of my regularly seeing the team for the last couple of seasons when I was in England and, other than my mate living in Gildersome, I think everyone else I used to tag along with are lucky if they see a couple of live games a season now.

I wouldn't exactly call it growing up, but I guess it is definitely much easier to follow (especially away games) when you're younger and (arguably) more foolish.

Anyway, where's my lunch?

Leeds, Leeds, Leeds.

* Refuses to let Dock on bus.
Frazier Cranium

Another very good article on LF LLP, this time in The Square Ball which is an excellent fanzine anyway

http://www.leedsfansllp.com/press/
Frazier Cranium

Great new video made for Leeds Fans LLP

https://www.youtube.com/watch?v=js4npO7WD0M

I hope you agree.

And some very interesting news has been occurring re GFH over the last week.  They have been suspended by Bahrain's business rulers (you can tell I don't follow Business News can't you?) and there are leaks to be published very soon showing that they have been lying to the investors and indeed the whole world.  They're cruising down down downhill, and losing money big style.  They are, in certain ways, fooooked, and bloody great it is to see too.
Frazier Cranium

https://keirtaylorj.wordpress.com/2015/ ... ds-united/

Morning all. The above is a link to a VERY interesting article by Keir Taylor, it's about Mr Umbers.

I have posted this as an individual Leeds fan and not from my position as a LFLLP member
Frazier Cranium

Dylan Thwaites, who is heading Leeds Fans LLP, is on Calendar News tonight from 6pm, talking about this initiative.
fartcatcher

Worrying to hear Bates's name cropping up again in dispatches. I think one of your mates on Facebook nailed it.

Bates loves being the centre of attention. He'll come out with any old shite purely to get his name mentioned and to disrupt whatever delicate negotiations are going on the background.
Late Doors

Interesting and only speed read it but It's not really stacking up that Codge. I'm as intrigued as anybody about Umbers' appointment but i can't believe he's duped Cellino so easily.   I can't believe MC would believe the FL wouldn't ban him if Umbers was chairman. The man may be an errant businessman but not a complete doylem ???. Ill give it and the other LLP stuff the time it deserves when i have some more, cheers for putting stuff up on here though
Frazier Cranium

What's not stacking up?
Late Doors

Keir Taylor's piece on Umbers, duping Cellino
Frazier Cranium

Ah right.  Well it's not my piece LD, he's written it independently, but Umbers has form and Cellino has similar form for being an impulsive nut job.

Seriously, forgetting LFLLP for a second, absolutely nothing will surprise me about the club or more importantly the individuals we have running the circus.

Strong reports, notinvolving me or LFLLP influence, that there are talks in advance about a new owner or part owner.  But you ain't eard it from me right?
bearing

Of course we ain't 'erd it from you but any clue to who it might be?
Frazier Cranium

It's been on waccoe for ages too, but so much goes on there that people often miss the true bits.  This one has been linked for years, to do with casinos originally, in Leeds too.

I believe it has credence but I am genuinely only repeating rumopurs, albeit supposedly reliable ones.
Frazier Cranium

There'll be more news next week but for now...

'Very happy to announce that on April 2nd we’ll be launching the first of three ways to invest in the future of our club. We'll give people the Easter weekend to consider what the future of Leeds United is worth to them, and on April 7th we'll start taking money. At this first stage the minimum investment is £100, the maximum is £10,000.'
Frazier Cranium

Due to the overwhelming support we have brought the share purchase date forward. More info here http://www.leedsfanscbs.com
Grind

I was just wondering if any of you have jumped in on this?

I certainly wouldn't chuck GBP10,000 at anything I wasn't 100% sure of, but I could justify GBP100 pretty easily - that's about what I earn each week indoor refereeing.
Grind

Ah - section 13 seems to preclude my owning shares.

I'll just have to buy the club outright then.....
Frazier Cranium

I am doing my best to get something started.

What does preclude mean, and what does section 13 say?
Grind

Frazier Cranium wrote:
I am doing my best to get something started.

What does preclude mean, and what does section 13 say?


It pretty much says no US ownership.

13. Foreign jurisdictions

The Shares have not been, nor will they be, registered in the United States under the United States Securities Act of 1933, as amended, or under the securities laws of Canada, Australia, Japan or South Africa (each a “Restricted Territory”) and they may not be offered or sold directly or indirectly within the United States or any of the Restricted Territories or to, or for the account or benefit of, US Persons (as defined in Regulation S made under the Securities Act) or any national, citizen or resident of the United States or any of the Restricted Territories. The Offer is not being made, directly or indirectly, in or into the United States or any of the Restricted Territories or in any other jurisdiction where to do so would be unlawful. This Offer Document and the Application Form is not being and must not be forwarded to or transmitted in or into the United States or a Restricted Territory. The distribution of this Offer Document in countries other than the UK may be restricted by law and, therefore, persons into whose possession this document comes should inform themselves about and observe any of these restrictions. No person receiving a copy of this Offer Document in any territory other than the UK may treat it as constituting an invitation or offer to him unless, in the relevant territory, such an invitation or offer could be lawfully made to him without contravention of any registration or other legal requirements. Any failure to comply with any of the above conditions may constitute a violation of the securities law of the country concerned. It is the responsibility of any person outside the UK wishing to make an application to satisfy themselves as to the full observance of the laws of the relevant country.
Grind

I'd be okay lumping in if there's a proposed "Reg" block vote?
Frazier Cranium

Well, forgive me for not knowing this.  There will be further stages of share purchasing but anyway, I'll be combining a supporters' club members with 'Joe Public' who feel they cannot afford or do not want to afford £100.  So people are able to contribute £10 or £20 or £25 to the support club fund.
Frazier Cranium

Actually, you CAN buy shares...

Apparently this has been updated today, nothing to do with me being really efficient and really listening

Q: If I live in one of the 'restricted territories'  in section 13 of the offer document, does that mean that i can't buy shares in the CBS?

A: We cannot market our offer in the restricted territories in section 13, so we can't send the offer document there or specially target residents of those territories to induce them to invest. However, notwithstanding this Leeds fans abroad will come to hear of the offer through their own sources and if as a result of that they choose to invest we will be happy to accept the application. It is up to residents abroad to consider whether by making the investment they themselves may be contravening any local laws or regulation.
Grind

Frazier Cranium wrote:
Actually, you CAN buy shares...

Apparently this has been updated today, nothing to do with me being really efficient and really listening

Q: If I live in one of the 'restricted territories'  in section 13 of the offer document, does that mean that i can't buy shares in the CBS?

A: We cannot market our offer in the restricted territories in section 13, so we can't send the offer document there or specially target residents of those territories to induce them to invest. However, notwithstanding this Leeds fans abroad will come to hear of the offer through their own sources and if as a result of that they choose to invest we will be happy to accept the application. It is up to residents abroad to consider whether by making the investment they themselves may be contravening any local laws or regulation.


Okey dokey - I'll double-check here just in case.
bearing

I'd be up for a Reg consortium to buy shares.
Grind

I'll get my arse sorted out early next week and put in GBP100 just because anything that puts the current ownership's feet to the flames seems worthwhile to me.

If it then seems appropriate to chuck  a bit more, I'll see what I can do....
Grind

I had a peer just now and, since it was easy enough to do, I now have GBP100 of shares (plus GBP2.70 in fees).

Huzzah!

I fully expect to be playing in the next match.

Wearing the number nine shirt.

And taking penalties.
Frazier Cranium

You're in mate!
Frazier Cranium

The LLP is now called Leeds Fans United.

I've copied this from Waccoe, it's by a well-known Leeds fan of 'senior' years and a nice bloke anyway, called Jailhouse John (not, I suspect, his real name)

Actually owning LUFC ourselves is a pipedream and will never happen (pause to say that MC is making a great fist of driving the value of the club DOWN so perhaps that last statement is not quite as true as it was formerly!!) but owning a portion of it - especially if that portion comes with seats on the Board should be well within the compass of a fan base as large as ours. Providing of course that that fan base is singing off the same hymn-sheet which being LUFC is not always the case is it?



It is really important that the Leeds Fans United initiative is successful because never again I suspect will we have a team of fans so talented assembled to try and organise our supporters to come together and prove to the rest of the UK football community that we are the most committed there is when it comes wanting to put right the wrongs that currently exist with our club ownership. If it does, heaven forbid, fail then that will be it for a generation IMHO.



The next couple of months are going to be pivotal in our clubs history what with court cases, transfer embargos, future of coaches, future of our super talented youngsters, all potentially in the melting pot. Fans need to be in the process of establishing a position that could allow themselves to have a say in that decision making process. Other than 'the say' that we give from behind the goals that is.



If you have been thinking about it then now is the time to do something about it.
Plastic Man

Grind wrote:
I had a peer just now and, since it was easy enough to do, I now have GBP100 of shares (plus GBP2.70 in fees).


I have it on good authority that the IRS now have you firmly in their gunsights in anticipation of the large dividends your investment may now attract.
Grind

Plastic Man wrote:
Grind wrote:
I had a peer just now and, since it was easy enough to do, I now have GBP100 of shares (plus GBP2.70 in fees).


I have it on good authority that the IRS now have you firmly in their gunsights in anticipation of the large dividends your investment may now attract.


My favo(u)rite American institution.

* c(o)unts. *
Plastic Man

Grind wrote:
* c(o)unts. *


A financial regulatory body that put the c(o)unt into Sc(o)unthorpe?
Grind

Plastic Man wrote:
Grind wrote:
* c(o)unts. *


A financial regulatory body that put the c(o)unt into Sc(o)unthorpe?


Indeed. A bit like taking Roy out of the country.
Late Doors

Every bread head and snearing smart arse I've spoken to tells me this is hopeless but I'm going with pure emotive instincts here. I'm in if only to show support and some kind of care for what i am certain are good intentions. What do i have to do ? I know there will be some FAQ s somewhere and sorry Codge for not following it all but indulge me please.
Frazier Cranium

My pleasure - Q & A's all here mate http://www.leedsfanscbs.com/faq/

BUT by all means ask me on here, nowt to hide and obviously it might be a worthwhile read anyway.

Main point is, if it doesn't succeed and people want their money backm, then they will get a minimum of 90% of their investment back.  All watertight and legal, which is why it took longer than first anticipated to establish.
Late Doors

Just had an e mail telling me Dylan Thwaites has resigned . I suspect this is bad news but can anyone give any more info than that? Maybe Codge ?
Dalek

HI LD,

Picked up this news story from the YEP website a couple of days ago whilst here in France

http://www.yorkshireeveningpost.c...f-executive-stands-down-1-7900475

I do not think that it is anything to worry about

Hope this helps a little - not too much info in here.
Grind

I got the same email. I'm none the wiser either.
Dalek

LD & Grind

Wait to see what transpires.
Late Doors

Ok Dalek, cheers. Its teh wating to see what transpires this Summer that worries me the most. The madman seems ready to go into meltdown

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