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Leeds United Football Club Limited
Leeds United Football Club Limited, founded 4 May 2007, is a limited company, the directors of which are Ken Bates, Shaun Harvey and Mark Taylor. The company purchased Leeds United A.F.C. via a creditors vote after the club entered administration, but this ownership was challenged by HM Revenue & Customs and the club was subsequently put up for sale by the administrators KPMG. Entering administration Leeds United entered voluntary administration on 4 May 2007, thus incurring a 10-point deduction which confirmed the club's relegation to League One. Administration had been predicted for some time, due to crippling debts created during Peter Ridsdale's chairmanship. For his part, Ridsdale denied any of the current situation was his fault, only days after having admitted it was a mistake to allow the then-manager David O'Leary to spend so lavishly on players. Ken Bates, however, blamed Leeds' financial situation firmly on Ridsdale and his board. Bates is back KPMG Restructuring ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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David O'Leary
David Anthony O'Leary (born 2 May 1958) is a football manager and former player. His managerial career began at Leeds United, subsequently managing Aston Villa. He most recently worked as the manager of Al-Ahli Dubai. The majority of his 20-year playing career was spent as a central defender at Arsenal. O'Leary's tally of 722 appearances for the North London side stands as a club record. Club career O'Leary was born in Stoke Newington, London, on 2 May 1958, and moved to live in Dublin at the age of four. Arsenal A Shelbourne schoolboy player, O'Leary signed for Arsenal as an apprentice in 1973. He soon progressed through the ranks at Highbury, playing in the reserves at the age of 16. He made his debut for Arsenal against Burnley on 16 August 1975, and despite being only 17, went on to make 30 appearances that season. For the next 10 years, he was ever-present in the Arsenal side, playing more than 40 matches a season (except for 1980–81, when he was injured and only playe ...
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San Francisco 49ers
The San Francisco 49ers (also written as the San Francisco Forty-Niners) are a professional American football team based in the San Francisco Bay Area. The 49ers compete in the National Football League (NFL) as a member of the league's National Football Conference (NFC) West division, and play their home games at Levi's Stadium in Santa Clara, California, located southeast of San Francisco. The team is named after the prospectors who arrived in Northern California in the 1849 Gold Rush. The team was founded in 1946 as a charter member of the All-America Football Conference (AAFC), and joined the NFL in 1949 when the leagues merged. The 49ers were the first major league professional sports franchise based in San Francisco, and are the 10th oldest franchise in the NFL. The team began play at Kezar Stadium in San Francisco before moving to Candlestick Park in 1971, and then to Levi's Stadium in 2014. Since 1988, the 49ers have been headquartered in Santa Clara. The 49ers won ...
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GFH Capital
GFH Capital, formerly known as Injazat Capital, is a firm of private equity investors, advisors and fund managers, providing capital and strategic support for growth companies. GFH Capital is among the region’s private equity firms, and is licensed by the Dubai Financial Services Authority. Established by the Islamic Corporation for the Development of the Private Sector (ICD), an affiliate of the Islamic Development Bank Group (IDB) and GFH Financial Group, GFH Capital introduced structured private equity investing and Islamic finance to the Gulf Cooperation Council (GCC). GFH Capital has structured investments exceeding USD 8bn in over 40 companies across 25 countries. GFH Capital established and manages the Middle East’s first Sharia-compliant VC TMT fund: Injazat Technology Fund BSC (ITF I). ITF I has to date completed the full life cycle of the investment process with Internal rate of returns (IRR) of up to 75% including sales to blue chip companies. The International ...
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The Football Association
The Football Association (also known as The FA) is the Sports governing body, governing body of association football in England and the Crown Dependencies of Jersey, Bailiwick of Guernsey, Guernsey and the Isle of Man. Formed in 1863, it is the oldest football association in the world and is responsible for overseeing all aspects of the amateur and professional game in its territory. The FA facilitates all competitive football matches within its remit at national level, and indirectly at local level through the county football associations. It runs numerous competitions, the most famous of which is the FA Cup. It is also responsible for appointing the management of the English national football team, men's, England women's national football team, women's, and England national under-17 football team, youth national football teams. The FA is a member of both UEFA and FIFA and holds a permanent seat on the International Football Association Board (IFAB) which is responsible for th ...
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The Football League
The English Football League (EFL) is a league of professional football clubs from England and Wales. Founded in 1888 as the Football League, the league is the oldest such competition in the world. It was the top-level football league in England from its foundation until 1992, when the top 22 clubs split from it to form the Premier League. The EFL is divided into the Championship, League One and League Two, with 24 clubs in each division, 72 in total, with promotion and relegation between them; the top Championship clubs change places with the lowest-placed clubs in the Premier League, and the bottom clubs of League Two with the top clubs of the National League. Although primarily an English competition, several clubs from Wales – currently Cardiff City, Swansea City and Newport County – also take part. The Football League had a sponsor from the 1983–84 season, and thus was known by various names. For the 2016–17 season, the league rebranded itself as the ...
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Gerald Krasner
Gerald Maurice Krasner FCA, FABCA (born 1949) was a partner in Bartfields, a corporate recovery firm based in the United Kingdom. He is a former chairman of the West Yorkshire football club Leeds United F.C. Krasner, on behalf of Bartfields, was part of a team which worked with the DTI in its investigations. He later worked with Begbies Traynor colleagues on administrations at other English football clubs. Leeds United takeover In 2004, Krasner led the consortium of local businessmen which successfully took over the club. Krasner's reign witnessed the relegation of Leeds United from the English Premier League when a 3-3 draw against Charlton Athletic wasn't enough to beat the drop to Division One. Popular choice and Leeds legend Eddie Gray failed to rejuvenate the club after he was called in to a caretaker manager role, replacing the sacked Peter Reid midway through a torrid 2003/2004 season. Gray was largely blameless for the performance of the team, with the entire foundation ...
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HMRC
, patch = , patchcaption = , logo = HM Revenue & Customs.svg , logocaption = , badge = , badgecaption = , flag = , flagcaption = , image_size = , commonname = , abbreviation = , motto = , formed = , preceding1 = Inland Revenue , preceding2 = HM Customs and Excise , dissolved = , superseding = , employees = 63,042 FTE , volunteers = , budget = (2018–2019) , country = United Kingdom , constitution1 = Commissioners for Revenue and Customs Act 2005 , speciality1 = customs , speciality2 = tax , headquarters = 100 Parliament Street, London, SW1A 2BQ , sworntype = , sworn = , unsworntype = , unsworn = , minister1name = Andrew Griffith MP , minister1pfo = Economic Secretary to the Treasury and mi ...
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Don Revie
Donald George Revie OBE (10 July 1927 – 26 May 1989) was an England international footballer and manager, best known for his successful spell with Leeds United from 1961 until 1974, which immediately preceded his appointment as England manager. A forward, he began his career with Leicester City in August 1944, before a £19,000 move to Hull City in November 1949. He was sold on to Manchester City in October 1951 for a fee of £25,000, where he became the main focus of the "Revie Plan" which saw him named as FWA Footballer of the Year in 1954–55 after innovating the role of the first deep-lying centre forward in England. He won the FA Cup in 1956, having finished on the losing side in the 1955 final. He was bought by Sunderland for £22,000 in October 1956, before moving on to Leeds United in November 1958 for a £14,000 fee. In total he scored 108 goals in 501 league and cup appearances in an 18-year professional career, also scoring four goals in six England appearance ...
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Her Majesty's Revenue And Customs
, patch = , patchcaption = , logo = HM Revenue & Customs.svg , logocaption = , badge = , badgecaption = , flag = , flagcaption = , image_size = , commonname = , abbreviation = , motto = , formed = , preceding1 = Inland Revenue , preceding2 = HM Customs and Excise , dissolved = , superseding = , employees = 63,042 FTE , volunteers = , budget = (2018–2019) , country = United Kingdom , constitution1 = Commissioners for Revenue and Customs Act 2005 , speciality1 = customs , speciality2 = tax , headquarters = 100 Parliament Street, London, SW1A 2BQ , sworntype = , sworn = , unsworntype = , unsworn = , minister1name = Andrew Griffith MP , minister1pfo = Economic Secretary to the Treasury and mi ...
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Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ter ...
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Manager (association Football)
In association football, the manager is the person who runs a football club or a national team. They have wide-ranging responsibilities, including selecting the team, choosing the tactics, recruiting and transferring players, negotiating player contracts, and speaking to the media. The role exists almost exclusively in the British Isles; in other regions its responsibilities are split between a head coach and a director of football. In the 21st century some British clubs adopted a similar split, but often continue to use the title of 'manager' for their head coach. Responsibilities The manager's responsibilities in a professional football club usually include (but are not limited to) the following: * Selecting the team of players for matches, and their formation. * Planning the strategy, and instructing the players on the pitch. * Motivating players before and during a match. * Delegating duties to the first team coach and the coaching and medical staff. * Scouting for ...
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