Leeds United Football Club Limited

Leeds United Football Club Limited

Leeds United Football Club Limited

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Leeds United Football Club, founded 4 May 2007, is a limited company, the directors of which are Ken Bates, Shaun Harvey and Mark Taylor. The company purchased Leeds United A.F.C. via a creditors vote after the club entered administration, but this ownership was challenged by HM Revenue & Customs and the club was subsequently put up for sale by the administrators KPMG.

Entering Administration

Leeds entered voluntary administration on May 4, 2007, thus incurring a 10-point deduction which confirmed the club's relegation to League One. Administration had been predicted for some time, due to crippling debts created during Peter Ridsdale's chairmanship. For his part, Ridsdale denied any of the current situation was his fault, only days after having admitted it was a mistake to allow the then-manager David O'Leary to spend so lavishly on players.

Bates is Back

KPMG Restructuring were appointed as administrators of Leeds United and, within minutes of entering administration, the club was sold to Leeds United Football Club Limited. Had the club not voluntarily entered administration, they would have been forced into liquidation on June 25, 2007 by Her Majesty's Revenue and Customs, to whom the club owe...
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