Leeds on the brink of Administration

By Andy Baggott
November 26 2003

Leeds are today teetering on the edge of Administration – an official statement released today by the club spells big trouble for the Elland Road club . The statement is on the official site, but the key parts are that we have failed to get restructure the debt. There are ongoing talks, and if these are successful, we should have enough money to buy ourselves 3 months of time, in order to get the finances sorted out. If these talks don’t lead anywhere, we may have to go into administration. The wording of the statement means that the club could go into admin in the next few weeks…. More to follow

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