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Post by Casey Chaos on Feb 23, 2005 18:41:22 GMT -5
LEEDS UNITED Supporters Trust are to investigate the feasibility of buying Elland Road.
The Yorkshire Post revealed last year how the Trust was interested in buying the ground from the club only for then chairman Gerald Krasner to say the site was worth £20m.
Leeds have since sold the option to build on land behind the Revie Stand to a casino developer for £5m and the stadium to Manchester businessman Jacob Adler for around £9m.
Ken Bates revealed shortly after taking over United as chairman that he wanted to protect the long-term future of Elland Road by putting the pitch itself in the hands of supporters.
Trust deputy chairman Paul Fallon said: "We are interested in helping Ken Bates realise his aim of fans owning Elland Road and, at this stage, are looking at whether it can realistically be done.
"It is very, very early but if and when the chairman comes up with the proposals we want to be able to contribute meaningfully. The best way to do that is to start discussing the matter now and start planning ahead. Hopefully the Trust can be a suitable vehicle for buying back Elland Road."
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hartebeat
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Member of the Mth - Mar'05
Posts: 177
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Post by hartebeat on Feb 28, 2005 9:46:13 GMT -5
I still tink it will be mani a year b4 we get Elland Road fully back.
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Post by Darren on Feb 28, 2005 9:47:34 GMT -5
yeah, it'll take time for a group of fans to get the money sorted and then there will be loads of contract negotiaing to do so it could be 1-2 years before we see anything happen on this one.
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hartebeat
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Member of the Mth - Mar'05
Posts: 177
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Post by hartebeat on Feb 28, 2005 9:54:36 GMT -5
How much do we need to get the Ell back btw? 5,10 or 20m? We dug here and there b4 Bates came to our rescue with 10million.
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Post by Darren on Feb 28, 2005 9:58:24 GMT -5
we sold it to that manc business man for £9m so i presume that's what we'll be able to buy it back for
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hartebeat
Reserves
Member of the Mth - Mar'05
Posts: 177
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Post by hartebeat on Feb 28, 2005 10:05:37 GMT -5
Thats alot and we oso need resources to rebuild the squad, not less the poorly managed pitch...
As for the building of the casino near to Ell, I juz can't see it's a good idea, in fact it can become problematic.
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Post by Sy on Feb 28, 2005 10:59:58 GMT -5
Yeah i agree, especially about the casino. I guess it all depends on what Ken Bates wants to do. We will just have to wait and see. I think we might get the ground back within 10 years but I'm just guessing, I suppose it depends how well the team do.
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