Leeds News 24/7Writer: LUFC1 
Date:Friday August 31 2007
Time: 3:02PM
UK time is: 06:04:09
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HMRC Give Up Leeds Fight
It is being reported today that HM Revenue & Customs have opted not continue their appeal against Leeds United.
In a move that will delight Leeds United supporters, and Ken Bates, there is no longer a continuing legal threat to challenge the sale of the club to Mr Bates.
Leeds were placed into administration just before the end of the season with debts of £35 million. The agreement reached with KPMG is that Leeds United creditors will receieve 11p in the £1, with more upon the club returning to top flight football within the next decade.
The end of the saga?
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Your Comments
great news!
Super-Leeds
Its a pity they didn't do it a month ago.
dazza71
how do you actually feel about ripping off those you owe money to? decent blokes like Kevin Balckwell!
merlin
About time, bloodsuckers
yorkshirepride1
They will still get a big chunk of it though
yorkshirepride1
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