Leeds appeal to investors
30 Apr 2007 - 15:41:32
Leeds United have appealed to potential investors to step forward and help safeguard the future of the League One-bound club.
The Whites were effectively relegated from the Championship after Saturday's 1-1 draw with Ipswich Town and speculation suggests that a second demotion in the space of three years could well lead to financial meltdown at Elland Road.
"It is important that we take time to reflect on all the factors that have seen us relegated, barring a miracle at Derby next week," admitted chief executive Shaun Harvey.
"We need to make considered and structured decisions both on and off the field over the forthcoming weeks to position ourselves to use next season as a springboard to go forward from.
"There will be (and has been) a significant amount of speculation as to what the future holds for the club financially, particularly from would-be investors who want to become involved/own Leeds United.
"This type of speculation is currently rife both at Leeds United and football in general, but our message remains consistent in so much as anyone interested in becoming financially involved should contact us with full details of who they are and proof of funds to show they are able to assist us."
Harvey has also appealed to fans to back the ailing club despite their fall into the third tier of English football for the first time in their history.
"The supporters of the club have been tremendous all season including all those who have contacted the club offering their backing since the result on Saturday - other than the minority involved in the pitch invasion," he added.
"There is no point in looking back as we cannot change the past. What we need to do is positively affect the future to get this great club back to where it should be so we can all be proud of the club again."