Leeds - Leeds to buy back Elland Road?
UK time is: 17:36:51
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


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

The Journalist

Writer: LUFC1 Mail feedback, articles or suggestions

Date:Friday January 5 2007

Time: 12:06PM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Leeds Articles

Archived Leeds Articles

List All Vital Leeds Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

Vital Members League (view all)

1. dazza71 397
2. deslondon 127
3. Tiny T 93
4. SimonTVW 82
5. King Billy 73
6. erni 70
7. Oyper 55
8. Spanky White 52
9. bago 26
10. 1972Glory 23

League Table (view table)

Team P W D L GD Pts
12. Charlton 46 14 18 14 -6 60
13. Sheff Wed 46 14 18 14 -6 60
14. Forest 46 15 14 17 2 59
15. Leeds Utd 46 15 11 20 -11 56
16. Huddersfield 46 13 16 17 -17 55
17. Fulham 46 14 10 22 -21 52
18. Bolton 46 13 12 21 -13 51

Breaking League News

Coming Up - From Southend To Walsall - League 1
Wigan : 30/05/2015 15:19:00
We must stand together - Leadbitter
Middlesbrough : 30/05/2015 15:15:00
Karanka backs defender
Middlesbrough : 30/05/2015 14:54:00
Midfielder's exit confirmed
Middlesbrough : 30/05/2015 14:43:01
RUFC - Rumours, Rumours, Rumours
Rotherham : 30/05/2015 10:01:01

Current Site Poll (view all polls)

Should Leeds bring back Becchio?
Suggested By:  
Yes 40%
No 60%