Bates Warns Rivals

Daily MailJune 06, 2007

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PETER FERGUSON KEN BATES is threatening to sue if any legal challenge is launched over his controversial recovery of Leeds United yesterday for a fraction of the relegated club's Pounds 35million debts. Bates needed 75 per cent of creditors to accept his plan to repay just 1p in the pound and the recount of creditors' votes ordered by administrators KPMG showed 75.2 per cent in favour of going ahead.

Ex-Elland Road director Melvyn Levi claimed chairman Bates, who took over in 2005, would be 'back in Monaco' in six months.

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Bates Warns Rivals

Bates was...

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