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And so it begins again
| Takeover talks - YORKSHIRE CONSORTIUM BID |
bogdan
Posts: 9902
Joined: 08 October 2008
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May 27, 2012 12:40
And so it begins again This might not be popular with everyone, but seeing as the takeover rumour is gaining pace, let's keep this separate and try to work out what's been posted so far, here and elsewhere. Please post further updates here.
So it's been rumoured for a few days that there are/have been ongoing talks about a possible takeover and buy out of Bates. I'm not sure how it started, but here are a few bits and pieces of information collected from the interwebs.
LUFCTALK
onenorthernsoul
Strong rumours again of takeover talks happening - I'm not going to waste time fantasising but there are some non-naive LU supporters believing that some thing's happening.
I asked someone who is more in the know than I, and who has more patience than you & I to endure all those pages, and not only did he mention where these supposed 'bidders' come from, but two names have been mentioned. Both have appeared on here before. 'Someone else' on another forum also says they've been told by someone 'in the know' that something has been happening and that the next week could be V interesting.
isrodger
On this note I spoke to someone today who is very much in the know on football deals and he knows nothing of a Leeds deal at present.
WACCOE
billyisgod (a.k.a. LUST Chairman)
cameron leeds @cameronleeds
I'm hearing investors from over the pond are in town having a look at #lufc
they did, about two months ago, maybe their back????
[...]
keep your eyes on the YEP ladies and gents, its the only place for official unofficial TOMA news
[...]
tell you what i'll shut up and stay shut up, its for the best, i didnt start this or any thread relating to this but i know what i know and i want you all to be encouraged that its not all bad, if that makes me a crminal then shoot me!
[...]
i just see people getting all wound up into a frenzy when all i can say is be calm and patient
TWITTER
@BatesOut
A well placed source at #LUFC has just told me that that the takeover rumours are VERY real. Bates feels under pressure from fans.
Some more news: Person interested in #lufc is not UK based and 'is worth billions, not millions'...
More news on potential takeover: The bid for #LUFC is understood to be in the region of £40 million... #BatesOut
@TheSquareBall
The Scratching Shed @TSSLUFC
@TheSquareBall @EastStandUpper @LeedsOnTour @njblufc You actually buying into this latest takeover nonsense?
@TSSLUFC Yes, without doubt. Don't be so quick to dismiss. We definitely have willing buyers - nailed on. Willing sellers? Hope so.
The Square Ball @TheSquareBall
@EastStandUpper @LeedsOnTour @njblufc It definitely has moved beyond rumour. The club is under offer.
Yep. Strong suggestion he's ready to sell but can't say for certain.
Last edited by: bogdan
- Feb 10, 2013 22:03.
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18longleeds
Posts: 7687
Joined: 24 October 2008
Location: Bingley
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May 27, 2012 12:48
Talks have now increased of the possibility of Canadian billionaire Larry Tanenbaum taking over at leeds united, Ken bates has remained silent on the subject and it has been hinted that a possible takeover could be in place, Several websites have covered this and it was also on ESPN News
just seen someone post this.
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isrodger
Posts: 1382
Joined: 25 May 2009
Location: Norwich well everyone else has gone there!
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May 27, 2012 12:53
Please god, if there is one ....deliver us someone like sheik Mohammad someone who invests in infrastructure, the club and the community. Failing that a local bloke with relatively good funding with the club @ heart. Knowing our luck we will end up with Pakistani turkey farmers!
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birkybullufc
Posts: 1295
Joined: 31 May 2011
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May 27, 2012 12:55
Larry is the Messiah. 
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birkybullufc
Posts: 1295
Joined: 31 May 2011
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May 27, 2012 12:58
http://www.newsnow.co.uk/A/575571023?-11130
Square Ball article on take over rumours.
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Neowhite
Posts: 489
Joined: 17 October 2008
Location: The Earth
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May 27, 2012 13:02
This article suggest Bates has placed a transfer ban on Warnock because of takeover talks:
http://www.thescratchingshed.c...er-talks/?
Lots of clubs been taken over in the last 10 years or so, some like Chelsea have really benefited from it, but others like Villa haven't seen a big change and Blackburn have moved backward since their takeover. Bates was in charge of Chelsea when he sold them to the Russians, so hopefully if this rumour is true he'll do just as good a job with who he sells us to.
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birkybullufc
Posts: 1295
Joined: 31 May 2011
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May 27, 2012 13:08
Is he the Messiah? 
Lawrence M. "Larry" Tanenbaum (born 1945 in Toronto, Ontario) is a Canadian businessman and chairman of Maple Leaf Sports & Entertainment (MLSE). He owns a 20% stake in MLSE through his holding company Kilmer Sports Inc.[1]
He earned a Bachelor of Science degree in Economics from Cornell University in 1968.[2]
In recognition of his contributions in the areas of philanthropy, business and volunteerism, Larry Tanenbaum was appointed an Officer of the Order of Canada on October 25, 2007. The Order of Canada is the centrepiece of Canada’s honors system and represents its highest civilian award.
Larry Tanenbaum was President & CEO of Kilmer Van Nostrand Co. Limited from 1968 to 2000, and is currently Chairman and Chief Executive Officer. Under his direction Kilmer developed into a multi-faceted construction operation with operating divisions and subsidiaries covering road building and paving, ready-mix concrete, aggregates, heavy construction, trucking and pipe manufacturing. The heavy construction operations included projects in Canada, the United States and South America and specialized in constructing subways, elevated transit system guideways, bridges and tunnels including the design-build of the Toronto Zoo elevated transit system, the elevated transit system in Miami and subways in Caracas, Atlanta, Calgary and Toronto. In 1984 this unit was merged with Canadian Foundation Company Ltd. which itself was later merged with Bannister International. From that time through December 2000 Kilmer’s road building, paving and aggregates operations were conducted through Kilmer’s wholly owned subsidiary, The Warren Paving & Materials Group Limited. he served as Chairman of Warren, which, until its merger with Lafarge North America, was Canada’s largest asphalt paving company with operations serving approximately 44 communities. Warren’s activities also included major commercial aggregates operations, liquid asphalt trading and distribution and road maintenance. In December 2000 Warren was merged into Lafarge North America Inc., North America’s largest diversified construction materials company and supplier of cement, aggregates and concrete, and other materials for residential, commercial, institutional and public works construction in the United States and Canada. As a result of this merger, Kilmer became a significant shareholder in Lafarge NA, and Mr. Tanenbaum served on the Board and chaired its Finance Committee until the 2006 buyout by Lafarge SA. Kilmer today manages infrastructure investments through Kilmer Brownfield Equity Fund LP, Quickload CEF Inc. and Host Kilmer Service Centres Inc.
From 1975 to 1994 Larry Tanenbaum served on the Board of Directors and the Executive Committee of CUC Broadcasting Limited in which Kilmer was a significant shareholder. At the time of its sale in 1994 CUC was Canada’s fifth largest cable company. CUC was also a key participant in the introduction of cable television in the United Kingdom. Other operations included paging, publishing, satellite, and radio broadcasting.
He has had a long-standing interest in the sports and entertainment area and to that end in 1991 he spearheaded the effort to bring a NBA franchise to Toronto. In 1996 an interest was acquired in the Toronto Maple Leafs hockey club and arena. In 1998 he was an active force in the acquisition of the Toronto Raptors basketball team and the Air Canada Centre, which, with the Toronto Maple Leafs, formed Maple Leaf Sports & Entertainment Limited. He is Chairman of Maple Leaf Sports and Entertainment Limited, and is a Governor of the NBA (Toronto Raptors), the NHL (Toronto Maple Leafs) and Major League Soccer (Toronto FC).
Kilmer also has significant investment in various sports-related entities, including Insight Sports Ltd, which is a leading sports media company involved in the creation, production and broadcasting, on all platforms, of sports and related lifestyle content. Insight Sports holds equity positions in several Canadian specialty television services including The NHL Network and Score Media and owns and/or operates the World Fishing Network (WFN) and Game TV. In 2003, through Plaza Gaming and Entertainment, Kilmer invested in the charitable gaming industry in Canada. Through its operations in Ontario and BC, Plaza's facilities raise over $20 million per year for local municipal charities.
In addition, he serves as Chairman of Kilmer Capital Partners, a private equity investment fund, which provides equity capital to small to mid-market companies, and is dedicated to building leading companies in partnership with management. Kilmer Capital’s portfolio includes Unisync Group Ltd., Algorithme Pharma Inc., Coalision, and Tribal Sportswear.
Larry Tanenbaum served as National Revenue Chair of the Liberal Party of Canada during Prime Minister Paul Martin’s term of office. He currently serves as a member of the Ontario Investment and Trade Advisory Council, and recently served on the Independent Fiscal Review Panel of the City of Toronto and the Mayor’s Economic Competitiveness Advisory Committee of the City of Toronto. He is a member of the Advisory Council, Toronto Board of Trade and is an Honourary Co-Chair of the Greater Toronto Marketing Alliance.
His involvement in Community Associations includes the following: Vice-Chairman, Board of Directors, Mount Sinai Hospital – a tertiary care teaching hospital associated with the University of Toronto; Co-Chairman of the Research Committee for the Samuel Lunenfeld Research Institute; Member, Board of Directors, Brain Canada; Member, University Council, Cornell University; Member, Advisory Board, Baycrest Centre for Geriatric Care; Member, Dean’s Advisory Council, Schulich School of Business, York University; Member, Board of Directors, Miller Thomson Foundation; Founding Member, Canadian Council for Israel and Jewish Advocacy, Executive Committee, UJA Federation, and Co-Chair, United Jewish Appeal (1998).
Tanenbaum has recently submitted an offer to become the new owner of Nottingham Forest Football Club, an NPower Championship side that was left ownerless after the tragic death of their owner; Nigel Doughty, midway through the 2011/2012 season. However, during the early summer months of 2012 he has been widely rumoured to be attempting to buy Leeds United Football Club from Monaco based business man Kenneth Bates.[Citation needed]
He is married with two daughters and one son.
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The Johnson
LUFCTALK MODERATOR
Posts: 3044
Joined: 11 November 2009
Location: Auckland
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May 27, 2012 13:08
I'm too nervous to get excited about it.
Please don't get my hopes up.
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The Johnson
LUFCTALK MODERATOR
Posts: 3044
Joined: 11 November 2009
Location: Auckland
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May 27, 2012 13:15
If this turns out to be false and just a rumour perpetuated by social media, it's a disgrace. It means too much to too many people just to flippantly talk about it.
Please let it be true. Or I'm never tweeting again 
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bogdan
Posts: 9902
Joined: 08 October 2008
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May 27, 2012 13:18
birkybullufc
Is he the Messiah?
Their PR twitter account has posted this yesterday
MLSE PR @MLSEPR
Despite what you've heard, there is no truth to the rumours. Have a great weekend!
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The Johnson
LUFCTALK MODERATOR
Posts: 3044
Joined: 11 November 2009
Location: Auckland
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May 27, 2012 13:23
bogdan
birkybullufc
Is he the Messiah?
Their PR twitter account has posted this yesterday
MLSE PR @MLSEPR
Despite what you've heard, there is no truth to the rumours. Have a great weekend!
I might cry.
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bogdan
Posts: 9902
Joined: 08 October 2008
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May 27, 2012 13:25
It's not the only rumoured bidder though. And from the three spoken of, he sounds the most unrealistic.  But then again I'm just holding out for that eccentric billionaire.
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USA for Leeds
Posts: 1261
Joined: 24 May 2011
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May 27, 2012 13:28
I'm still going to hope, Bogdan. It's all we've got.
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sheepy
Posts: 10401
Joined: 08 October 2008
Location: Rothwell
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May 27, 2012 13:32
Lets have a small reality check here, and I'm not saying this has come from anyone on here, but Ken Bates will not sell up because of the pressure from fans or LUST or anyone for that matter, Ken Bates will sell up and move on if it suits him.
If the rumours are true, I just hope that if someone comes in that can give the club a better future and can give Bates what he wants then he does the right thing and not anything to spite the fans or spite organisations like LUST.
We have to be careful that we don't jump out of the pan and into the fire, but reading the rumours and such that have developed over the last few days I do hope that a change is about to happen. I think the time has come for a change, and it is needed now.
I am not going to slag off Bates, he HAS done a few good things for LUFC, but recently he has got too many things wrong in my opinion, if we put aside the whole East Stand development V Transfers and failure to keep talented players at the club and just focus on his PR alone and how he has treated LUST and us as fans in general certainly leaves a great deal to be desired.
I guess now its just a case a 'watching this space'...
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bogdan
Posts: 9902
Joined: 08 October 2008
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May 27, 2012 13:34
sheepy
I am not going to slag off Bates, he HAS done a few good things for LUFC
Whoaa, hang on, that's fighting talk there, mate.
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sheepy
Posts: 10401
Joined: 08 October 2008
Location: Rothwell
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May 27, 2012 13:34
btw, if a takeover does happen just wait and see how quickly Snoddy and McCormack sign new contracts.
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sheepy
Posts: 10401
Joined: 08 October 2008
Location: Rothwell
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May 27, 2012 13:35
bogdan
sheepy
I am not going to slag off Bates, he HAS done a few good things for LUFC
Whoaa, hang on, that's fighting talk there, mate.
Unfortunately It would not take me a long time to list them.
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Pecky10
Posts: 2735
Joined: 28 December 2011
Location: New shirt? No chance! Bought a whole new house last time!
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May 27, 2012 13:38
bogdan
Their PR twitter account has posted this yesterday
MLSE PR @MLSEPR
Despite what you've heard, there is no truth to the rumours. Have a great weekend!
Larry Tanenbaum is not the same thing at MLSE though....
birkybullufc
Lawrence M. "Larry" Tanenbaum (born 1945 in Toronto, Ontario) is a Canadian businessman and chairman of Maple Leaf Sports & Entertainment (MLSE). He owns a 20% stake in MLSE through his holding company Kilmer Sports Inc.[1]
MLSE not buying Leeds United does not exclude Larry "Leeds United" Tanenbaum from a take-over
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bogdan
Posts: 9902
Joined: 08 October 2008
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May 27, 2012 13:41
Well pointed, Pecky.
IT IS BACK OOOON! YUSS!
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NottinghamWhite
LUFCTALK MODERATOR
Posts: 8685
Joined: 11 November 2009
Location: Born in The Gelderd End
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May 27, 2012 13:57
The champagne has been in the fridge so long it's now vintage for such an occasion. Really can not see why we are not taken over when you look at the sides that have been.
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