Dirty Leeds

[Joey Jones]

Leeds are to start League One this coming season with a 15 point deduction.

[reddragon]

hahahahaha - going down?

[Joey Jones]

hahahahaha - going down?

Doesn’t look good for them does it.

[thesilverfoxlfc]

Couldnt of happened to a better club and manager oh and chairman oh and fans!!!!!

[The Glove]

I would laugh heartily if they ended up in the bottom league.


Leeds hit with 15-point penalty

Bates believes the League One club are now in a good position
Leeds have received permission to play in League One this season after being granted their Football League share but must do so with a 15-point deduction.
The club have appealed against the sanction imposed by the Football League and their case will be heard at a special meeting of all league clubs.

Doubts had been raised over Leeds' future after the club failed to agree a Company Voluntary Arrangement (CVA).

The Football League accepted there were "exceptional circumstances".


But in making their decision, it was stressed they could not allow Leeds to operate outside the strict rules concerning administration.

Leeds are back under the control of Ken Bates after administrators KPMG sold the club to him for an undisclosed sum.

The CVA would have allowed Leeds to pay off an acceptable amount of their debts to creditors.

"The Football League Board agreed that, notwithstanding the manner in which this administration has been conducted, the club should be permitted to continue in the Football League," said a statement.

"Consequently, the board has decided to make use of the 'exceptional circumstances' provision within the League's insolvency policy, for the first time, and agreed to transfer the club's share in The Football League to LeedsUnited 2007 Ltd. Accordingly, the club's share has now been transferred.

"However, it is acknowledged the club did go into administration and has been unable to comply with the terms of the League's well-established insolvency policy.

We are now planning the appeal and we are able to complete the squad rebuilding for the 2007/08 season

Leeds statement
"As a result, the board determined this transfer of membership should be subject to Leeds United having a 15-point deduction applicable from the beginning of the 2007/08 season."

Football League chairman Lord Mawhinney met with both KPMG and Bates, telling them to change the CVA, which governs how much creditors will get.

Leeds have lodged an appeal against this sanction, which will be heard at a special meeting of all League clubs, to be arranged in due course.

A club statement said: "The club has received an amount of criticism from supporters for not keeping them up to date with developments during what has been a very difficult time for us all.

"We appreciate this policy was difficult for fans to accept, but please be assured that this has been done in the best interests of Leeds United, which is justified by the return of the share.

"We are now planning the appeal and we are able to complete the squad rebuilding for the 2007/08 season, albeit with only one week to go before our first League One game at Tranmere."

[reddragon]

albeit with only one week to go before our first League One game at Tranmere."

it'll be wrexham next season

oh how the mighty have fallen - watch and learn Mr Ashby

[Howard_lfc]

Gotta say it gives me no pleasure whatsover seeing Leeds down there. I would far more prefer to pay to watch LFC v Leeds than LFC v Wigan/Reading/Derby/Boro/Brum/Sunderland etc

Leeds will always fill there away allocation and add to the atmosphere and Elland Road is a good place to get to (not too far) to watch away matches. I wish them a speedy return to the premiership

[El Diego]

I agree wish they would come back to the Premiership sometimes I have to laugh at how they have fallen. Some things that stick in my memory was the Yeboya (or however you spell his name) strike against us when we lost 1-0. The game we lost 4-3 I have only felt as sick twice in my life that was when we lost to Man U in 99 FA cup and when we lost the Champions League final against Milan. When we beat them 3-1 in 2000 and we scored three wonder goals.

[CharlieMansonsSquint]

If only it were Man United or the Bitters....