- Leeds United News
- League Table
- News Archive
- Championship News
Leeds future still unclear
02 Jun 2007 - 13:58:47
The future of Leeds United remains unclear after a stormy meeting to decide on a way forward for the cash-strapped club was put on hold to allow for a recount of votes.
Current chairman Ken Bates requires 75 per cent of the votes from creditors to purchase the club back after they went into administration in early May following their relegation to League One.
Initial counts performed by administrators KPMG revealed Bates had received 75.02 per cent of the vote.
However, this now requires a further recount to be held on Monday.
Four other consortia are also in the running to replace Bates at the helm of the ailing club, but Leeds United Supporters Club chief Ray Fell fears the matter will only be resolved in the courts.
"I think fans will be bewildered as they were hoping for some indication of where Leeds will be going, but that has not happened because this will run and run for a while," he said.
"It's possible that this will go to the courts. It could be any one of the creditors who can challenge it legally and it will not be a surprise to me if that happens from what I have heard.
"Fans will be concerned that Leeds will not be up and running and ready to start the new season in August."