Leeds United granted Extension!
By Michael Lynch
January 26 2004
The Football Association have granted Leeds United an extension to the period in which they were given to save the club from going into administration.
January 26 2004
The Football Association have granted Leeds United an extension to the period in which they were given to save the club from going into administration.
Leeds United have been granted more time in which to save the club from administration.
A statement to the Stock Exchange on Monday evening read: "The board of Leeds United PLC announces that the standstill period with the Company's principal finance creditors has today been extended to 5pm on 30 January 2004.
"As previously announced, the standstill agreement also provides for a further extension to February 6, 2004, conditional on achievement of certain financial and other covenants."
The club are currently 80m in debt!
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