Got something to say or just want fewer pesky ads? Join us... 😊
leeds in administration official
- Thread starter bhafc4eva
- Start date
surrey jim
Not in Surrey
feck, no points deduction next season then, was begining o think they didnt have much time left
breaking news - Leeds Utd in administration
By Rich Baggott - May 4 2007
Leeds united have this afternoon gone into Administration but have announced that Chairman, ken bates will buy the club back immediately. more nes to follow but this also means, leeds willincurr and immediate 10 point penalty and will finish bottom of the Championship.
'king disgrace.
By Rich Baggott - May 4 2007
Leeds united have this afternoon gone into Administration but have announced that Chairman, ken bates will buy the club back immediately. more nes to follow but this also means, leeds willincurr and immediate 10 point penalty and will finish bottom of the Championship.
'king disgrace.
surrey jim
Not in Surrey
League1Champions
Banned
-10 points THIS SEASON
We are bottom of the league, i said we are bottom of the league
We are bottom of the league, i said we are bottom of the league
surrey jim
Not in Surrey
just coming on to SSN now
jolsonhammond
New member
Glad I put on my 'specialist bet' that Leeds would go into administration now.. 
Withdean Wanderer
Banned
Crafty
Superphil
Dismember
hans kraay fan club said:breaking news - Leeds Utd in administration
By Rich Baggott - May 4 2007
Leeds united have this afternoon gone into Administration but have announced that Chairman, ken bates will buy the club back immediately. more nes to follow but this also means, leeds willincurr and immediate 10 point penalty and will finish bottom of the Championship.
'king disgrace.
If that is what happens it just goes to prove that the 10 point deduction system simply does not work, it is supposed to punish clubs, this won't punish them in any way whatsoever. What a load of shit.
League1Champions
Banned
Trigger said:
They cant be changed in time to stop us from bending them though
Gazwag
5 millionth post poster
Hull should lose 10-0 on purpose and Derby should let Leeds win
League1Champions said:They cant be changed in time to stop us from bending them though
Maybe, but they can give you a 10 point penalty for next season for the disgraceful pitch invasion.
jolsonhammond
New member
League1Champions said:They cant be changed in time to stop us from bending them though
Technically you didn't even bend them though, you stuck to them.. it's the fault of the rule for being flawed, not Leeds United for taking advantage of it.
Besides I won £40 on it.
Withdean Wanderer
Banned
You could argue that it does punish them though, as they haven't actually been relegated previously...
League1Champions
Banned
Re: Re: leeds in administration official
He thinks we are Chelsea will the prices he sets, get this old moron out.
You know up until he took over he used to refer to us as "that scum"
Icy Gull said:
He thinks we are Chelsea will the prices he sets, get this old moron out.
You know up until he took over he used to refer to us as "that scum"
surrey jim
Not in Surrey
http://news.bbc.co.uk/1/hi/business/6624731.stmLeeds Utd calls in administrators
Leeds United is widely expected to be relegated at the weekend
Former Premiership football club Leeds United has called in administrators.
It will mean United are docked 10 league points, but it is not clear if that would happen this season or next.
The news comes just hours after the Leeds United Supporters Trust told the club it was in a position to make a serious proposal to buy the club.
Leeds has been struggling with its finances in recent years and relegation from the Championship will certainly eat into earnings for the coming year.
In recent years the club has sold its Elland Road home ground and its Thorp Arch training ground to cover previous cash shortfalls.
The fact that contracts for a number of high-price players run out this summer also means that the club will run short of valuable assets later this year.
Uncertainty
By entering administration the club can be held together while plans are put in place to restructure or sell it.
Experts predict that by making such a move, the club would be able to get rid of some of its debts.
Leeds would then be a more attractive investment and takeover target because any new owner would not have to take on its entire debt burden.
Under League rules, introduced in 2003, teams are deducted 10 points if they enter administration. Wrexham was the last club to befall such a fate in the 2004/5 season.
By taking the decision to go into administration during the current season, Leeds could have 10 points deducted now while the team is still in the Championship, rather than when it started next season in League One.
Should the penalty be held over, it would mean that the club started next season with a points tally of minus 10, a deduction that could seriously damage its prospects and could leave it in trouble for the rest of the 2007/8 season.
Leeds' chairman Ken Bates has been working hard to attract new investment to the club, but has so far had little success.
As well as the supporter's club, Leeds defender Gary Kelly has also been linked to a possible Irish takeover bid for the club
Leeds United is widely expected to be relegated at the weekend
Former Premiership football club Leeds United has called in administrators.
It will mean United are docked 10 league points, but it is not clear if that would happen this season or next.
The news comes just hours after the Leeds United Supporters Trust told the club it was in a position to make a serious proposal to buy the club.
Leeds has been struggling with its finances in recent years and relegation from the Championship will certainly eat into earnings for the coming year.
In recent years the club has sold its Elland Road home ground and its Thorp Arch training ground to cover previous cash shortfalls.
The fact that contracts for a number of high-price players run out this summer also means that the club will run short of valuable assets later this year.
Uncertainty
By entering administration the club can be held together while plans are put in place to restructure or sell it.
Experts predict that by making such a move, the club would be able to get rid of some of its debts.
Leeds would then be a more attractive investment and takeover target because any new owner would not have to take on its entire debt burden.
Under League rules, introduced in 2003, teams are deducted 10 points if they enter administration. Wrexham was the last club to befall such a fate in the 2004/5 season.
By taking the decision to go into administration during the current season, Leeds could have 10 points deducted now while the team is still in the Championship, rather than when it started next season in League One.
Should the penalty be held over, it would mean that the club started next season with a points tally of minus 10, a deduction that could seriously damage its prospects and could leave it in trouble for the rest of the 2007/8 season.
Leeds' chairman Ken Bates has been working hard to attract new investment to the club, but has so far had little success.
As well as the supporter's club, Leeds defender Gary Kelly has also been linked to a possible Irish takeover bid for the club
surrey jim
Not in Surrey
double post