Cel sia Tad the balance for another two months and pad a further €1.75m interest Iby now the rate was 75 per cent pa andthe loan ‘was extended for ancther four months less 1m repayment. “Another £1.75m interest was paid though by then the rate had fallen toa mere i percent po Let us turn te the sales of the Leeds United properties Iby ‘which time David Richmond had le the Adulant Board. Thorp Arch was sold for £4 2m, Eland Road fr €Bm andthe purchase ‘option an the Caste land (tne old BRS site behind the Kopl went for €5m raising a total of €17.2m. ‘The money was spent as follows: €1,003m was paid in fees {although don't know to whom, £2m paid of the bondholders, £€1.481m went to HSBC Bank and E11.197m repaid the balance ofthe lan fom Tefick Ld, thereby releasing the directors {rom thee pecsona, Quarantees, Alter paying advance rents, Just €1.268m was kept by Leeds United as working eap ta ‘The option to repurchase Thorp Arch and Eland Rosd today wil cost usa total of €19,421,380 plus stamp duy and costs, To summarise, the Yorkshire Cansortium sod Thorp Arch and Elland Rood for just €122m. To buy itback today wl cost About 20m and inthe meantime the club has paid about €&m in rent since November 12.2004, In adéticn, Leeds United nas paid €525m n interest fr an cghtsmanthioan of €15m which the Yorkshire Consortium borrowed to buy Leeds United. A heavy price forthe fans to pay [a total of €21m| to fund the Yorkshire Consortium ambition ‘2d failure, Yet Mr Levi stil relused to honour the contract ‘which saved him from personal nancial aifcutes, Throughout this saga, the Yorkshire Consortium was headed by Mr Gerald Krasner @ chartered accountant and quaiied insolvency practitioner. All this and more, wil be revealed further in due cours. ‘So, Luton Town are relegated from the Football League, the consequence of Being deducted a total of 30 points from the true total My instant reaction was “good riddance” fer all, they voted for our 15-point penalty However, on mature reflection, there are more sereus principis at take than mere petty revenge. The FL imposed 8 20-point panalty on Luton (The FA added a further 1, TT points on bath Ratnerham and Bournemouth and 2 25-point penalty on Leeds United, Interestingly, we learned that Lord Mawhinney, wae given the discretion te reduce our “Make no mistake, the new build behind and around the East Stand will change the face of football as we know if ‘own penalty by five points, although he chose not to exercise ‘Weare not dealing here with objectivity, more Like subjectty. Decisions are not consistent, we are suffering from the inequity of regularity This is no way to run a league, even if apparently itis acceptable in running a country. Leeds’ ther activites continue to grow. In February (March figures not yt available] our website, wwwleedsunited.com, had no less than 1,407,184 visits, 443,333 unique visitors and 5,778,426 page views. Eat your heart out Chelsea, you are not ‘even inthe Top 10. LUTV subscritions continue te increase and Yorkshire Racio grows from strength to strength With ts coverage of Cricket ineluding Yorkshire County Cricket’ recent tour to ‘Abu Dhabil ice hockey rugby league, rugby union and all the ther soccer clubs actintiae, Yorkshire Rado ls now Yorkshire's Number One Sports Staton Interestingly, mare and mare ear ‘manufacturers are offering DAB radios in thet new models, some 2s standard, some as options. Of course, you can always, buy cheap adaptor va the cigarette lighter socket to play 2 ‘DAB rata. if you are not a Yorkshire Rado aficionado, there the famous stecer chant "you dont know what you re doing Have you got your Leeds United creit card yet? ifnot, why not? you support your club, thisis anather way to support i Absolutely FRE! Al credit card companies pay commision, ‘ith ous the commission goes to support the Academy. You ‘will ee the result of your support today at hal-time. ‘On Tuesday night we hada great evening at Elland Road for the Player ofthe Year Awards. ll the players were there and everybody had a great time. Ifyou missed out, the Members ‘Annual End of Season Awards Dinner takes piace atthe Conference & Exhibition Centre on Saturday May 2 ater the Northampton game, where we hope tobe celebrating our [almost] annual appearance inthe Play-Os. Suzannah and Taek forward to mesting you there ‘So, you think you can play football, huh?! Dead easy, int siting nthe stands? Well you think you can do better than that pillck in the number blank shir” prove to Simon Grayson where he is gcing wrong. On Tuescay May 19 you can play in either the Edsie Gray or Peter Lorimer team onthe allowed turf at Eland Road. To buy or bid for your place onthe tear {go town lootballnights.co.ub/reisterieeds0S09 html or cal 0845 888 0003. Now to today, whichis the defining match of our season. There are two places up for grabs inthe Play-Offs and ust three clubs ~ Scunthorpe, Tranmere and ourselves ~ are the contenders. ‘Ain for us today wil pu Tranmere ou ofthe running and then we can start planning the organisation associated with staging the Pla-Ofsin a very shert timescale, We haven't favoured wel against Tranmere in recent seasons, with their manager's son being a particular thorn in our side. Now's the time to put matters right win taza, three pointe inthe bag land we have made it Players, itis all down to that every man wil doh land ~ and Leeds - expects S Tomorrow, Suzannah a Bar- why nt join us lunch in Billys