Friday 4 May 2007

Creative Accounting

BREAKING NEWS

BBC Radio Leeds are reporting that the club has this afternoon been placed into administration, effective immediately.

They further report that the club has then been re-purchased by a company associated with Ken "Pappa Smurf" Bates. The club suffers a ten-point deduction this season and begins anew in August, free of debt.

I association with this, the Leeds United Supporters Trust have also apparently announced that have the finances to make an offer for control of the club.

More when the dust settles.....I'm listening to my radio under the desk for more news!

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