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Leeds issue appeal to investors

Young Pro

Joined: 01 Jun 2006
Posts: 2823
Location: Essex Supports: Charlton Atheltic
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Leeds chief executive Shaun Harvey has urged would-be investors to prove they have the funds in place to help them bounce back to the Championship. Leeds were all but relegated to League One on Saturday and the club's second relegation in three years could lead to serious financial implications.

Harvey said: "Anyone interested should contact us with full details of who they are and proof of funds.

"We will continue to decline to comment on speculation."

A Leeds spokesman denied a board meeting took place on Monday to discuss the club's future.

The club will be relegated on Sunday unless they score a hatful of goals to beat Derby and Hull City lose at home to Plymouth.

In a statement on the club website, Harvey added: "It is important that we take time to reflect on all the factors that have seen us relegated, barring a miracle at Derby next week.

"We need to make considered and structured decisions, both on and off the field, over the forthcoming weeks to position ourselves to use next season as a springboard to go forward from.

"There is no point in looking back as we cannot change the past. What we need to do is positively affect the future to get this great club back to where it should be so we can all be proud of the club again."

Meanwhile, chairman Ken Bates has given his backing to manager Dennis Wise, despite the expected drop into the third tier of English football.

Wise took over as boss from Kevin Blackwell in October but was unable to halt the club's dip in form.

Bates told the Yorkshire Post: "Dennis has done a much better job than many people realise.

"We were in a much worse position when Dennis came in than people know about.

"Some of the difficulties he inherited cannot be made public but there were real problems in the dressing room. The playing side was in complete disarray."

Leeds issue appeal to investors
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