Quote: homme vaste "I don't belive Leeds do own there ground or Caddicks, infact I think they are quite away from owning it, I belive Leeds city Council now rent it from some investment/legal business and under let it to the cricket, RL and RU club, that's my understanding of it.'"
You could be right, the waters have become very muddied.
What really matters is what actually constitutes ‘the club’. We all use the term but these days imo the club is more of a brand and or historical reference point than a tangible thing, though it is the only truly permanent thing. The business on the other hand is fluid and as the club has no shareholder outside of the owners it is effectively the sole preserve of those people who can do what they wish without consultation.
I’m not denying MC is doing this for any other reason than a genuine desire to resurrect the club but he is not the club he is the owner, not the same.
I may be wrong about the shareholders but as we’ve never had AGM in years I assume there aren’t any. Going slightly OT it does surprise me that the club ie MC has never tried to raise money through a share offer. Maybe there is some technical reason why not, I’m no accountant but I’d buy a couple of hundred pounds worth.
