Leeds United accept Chelsea 'tap-up' settlement
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Leeds have agreed a settlement with Chelsea and have dropped their complaint that the Premiership champions tried to poach three of their academy scholars.
Ken Bates raised the issue in August, when he accused his former club of breaking youth development rules to move teenagers Tom Taiwo and Michael Woods to Stamford Bridge.
He claimed Chelsea had also tried to persuade a third youngster to leave Elland Road - but Danny Rose opted to stay in Yorkshire.
Leeds chairman Bates called for the London club to be deducted points, thrown out of competitions and suspended from the transfer market.
He claimed financial punishment had no effect on the club bankrolled by billionaire owner Roman Abramovich.
The Premier League and the Football Association launched a joint investigation but Leeds have now withdrawn their allegations and accepted a settlement fee.
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money over righteousness of football??
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anything that can be settled with money is not a problem at all.
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KEN BATES : The way they are behaving you will think they are a bunch of shysters. (Of Roman Abramovich and his men) -
Ken Bates is probably think of quickly getting more money for himself and sell his club again should another rich a$$ comes along, so why would he be bother about the future of football???
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Originally posted by Saltiga:Ken Bates is probably think of quickly getting more money for himself and sell his club again should another rich a$$ comes along, so why would he be bother about the future of football???
and he only paid $1 for Chelsea... and sold it for well over a hundred million. Smart businessman.