Vital Football

Latest Leeds United News

Leeds to buy back Elland Road?

Leeds to buy back Elland Road?

The Guardian Newspaper are reporting that Leeds United will be buying back the club from the newest owners Teak Trading Corporation. The Virgin Islands based company bought the holding on the stadium back in March but have only recently registered the ownership.

According to director Mark Taylor: 'We are still paying wages for players like Robbie Fowler, Seth Johnson and Michael Duberry. Our financial position changes dramatically when the payments stop; half our wage bill is being spent on players who do not play for the club.'

How on earth do you make deals that involve paying wages for players that haven't been anywhere near us for a considerable amount of time?

A good bit of business to sell and lease back, especially with the long term option to re-purchase the stadium and hopefully this can be sorted out as soon as possible.


Click here to join in the debate on the club forum.

Writer:LUFC1
Date:Friday January 5 2007
Time: 12:06PM

Login to post a comment

Recent Leeds United Articles

Leeds Could Soon Be Boosted By The Return Of Injured Striker

Leeds United could soon be boosted by the return of striker Caleb Ekuban from injury.

LUFC Brentford (A) - Ticket Information

Leeds United have released ticket information for the trip to Brentford in the SkyBet Championship next month

LUFC On This Day - October 16th

A look back at what has happened on October 16th in the history of Leeds United

Leeds Loan Watch - Two Late Goals Spoil Debut For Keeper

Vital Leeds United is keeping a close eye on how the Leeds players are doing during their loan spells away from the club

Archived Vital Leeds Articles

Vital Leeds articles from

Site Journalists

Dazza71
Editor email
Profile

Current Poll (see more polls)

Where is Leeds biggest problem?
Suggested By:
Goal4%
Defence15%
Midfield61%
Attack20%
ScoopDragon Publishing Entire League Network of Sites
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Leeds United Results (view all)

Leeds United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.dazza7158
2.Tiny T42
3.DurhamWhite29
4.deslondon22
5.King Billy20
6.erni14
7.Salazzar13
8.Oyper12
9.bago9
10.SimonTVW8
Write for Vital Football