Hi, I'm quite new to the stock market so can anybody explain why, when it has been on the news that if LUFC goes into administration investors will lose everything, people are buying like there's no tomorrow? Is it worth buying on the offchance (with the AGM coming up) or should you only buy if you are not attached to your money? Any advice would be appreciated.

i personally wouldnt touch them with a bargepole. debts of 80 million!!!!!!

a buyer into the club would need to put in about 150 million for them to deal with the big boys in england - no chance of that in my opinion.
In any event, the team r doomed for 1st division and so will lose multi millions from TV rights with all those expensive salaries for all those proma donnas.

I would love to see them go bankrupt actually as the team r a shower on and off the park

scotinvestor,

"doomed"????

Pompey and Leicester still to come to Elland Rd. I think there is still a chance personally.

Leeds to survive as a team, and IN the Premiership IMHO!

Anyone got any information or idea as to how the latest developments will affect a foolhardy Leeds United shareholder??!! Is it time to write off the entire investment?

it aint good news for Leeds in my opinion. If you have shares in these Robin as an investment, then u have my sympathy. However, as a football club, i think many people would love to see them sink for good. And i'm not even English so what does that tell u about them.

Robin,

Well to give some credit to the directors, they recently warned shareholders not to exspect ANY return for their shares, and they are probably going to be proved right!

What I don't understand is why holders didn't sell at that point, and am totally baffled as to why people were buying in with such abandon when it already looked like an administration case!

To have bought in the last couple of weeks was just a straight gamble, IMHO, nobody really had much idea how it was going to pan out.

Not sure what will happen next, although a win tomorrrow would certainly help matters!