Leeds Utd go into administration

Analoguesat

Administrator
Staff member
Joined
Jul 26, 2003
Messages
50,739
Reaction score
11,221
Points
113
Location
Scottish Borders
My Satellite Setup
TM 5402HD
Sky+ UK.
My Location
Scottish Borders
And are therefore immediately relegated thanks to the 10 point deduction

BBC News:

Leeds Utd calls in administrators

Former Premiership football club Leeds United has called in the administrators and said the club will be sold to a group headed by chairman Ken Bates.
The move means United will be docked 10 league points immediately, ensuring relegation to League One next season.

A new firm headed by Mr Bates, already a major shareholder, will buy the club pending approval by its creditors.

Leeds has struggled financially in recent years and was facing a winding up order from HM Revenue and Customs.


Full story

http://news.bbc.co.uk/1/hi/business/6624731.stm
 

Licinius

Regular Member
Joined
May 31, 2006
Messages
93
Reaction score
0
Points
0
Age
55
My Satellite Setup
Technomate 1500CI+
My Location
Andalucia, Spain
Leeds had already accepted relegation & as administration was inevitable, they brought forward proceedings so as not to get a 10pt deduction next season.

The football league are looking to close this 'loophole'.
 

Analoguesat

Administrator
Staff member
Joined
Jul 26, 2003
Messages
50,739
Reaction score
11,221
Points
113
Location
Scottish Borders
My Satellite Setup
TM 5402HD
Sky+ UK.
My Location
Scottish Borders
Should be easy enough to close - just modify the rules so that any club going into administration in the last 2 or 3 months of the season automatically gets their penalty held over until the following season.
 
Top