Leeds United’s liquidator misses out on nearly £5m
The liquidator of Leeds United has missed out on a payment of £4.75m after the club failed to be promoted in the 10 seasons since chairman Ken Bates put it through a pre-pack administration in May 2007.
The weekend's 3-3 draw against Norwich has made it all-but impossible for the club to reach the Championship play-offs, which results in one of the four qualifying teams win promotion in the Wembley final.
Despite achieving the club's highest Championship points total since 2005-06, it needs to close a 14-goal gap on Fulham with... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
