Bates defends buy-back deal

Next Story
Leeds chairman Ken Bates has taken the fight to the Inland Revenue following their legal challenge against his controversial buy-back deal.

The Inland Revenue have appealed to the High Court in a bid to block Bates´ plan to regain power at Elland Road, after placing the club in administration in early May with debts of £35million, and a High Court hearing in Leeds on Friday will lay out a timetable for the Inland Revenue´s appeal.

Following meetings with administrators KPMG and the Football League, Bates has instructed his lawyers to go on the offensive, and a club statement read: "In view of the HMRC appeal against the CVA, the club has instructed its lawyers and asked the administrators to analyse all parts of the claim with particular reference to the inclusion of protective assessments."

© Copyright PA Sport 2007, All Rights Reserved.

League One
Leeds United
Next Story

Read more