The most interesting part of Leeds United’s 2010/11 financial returns, which have become available today, fall after the end of the accounting period. The filings take the assorted companies that make up Leeds City Holdings to the end of June 2011, but at the bottom of the very last page, is this:
‘Post Balance Sheet Events’: Leeds United Football Club Limited entered into an agreement whereby it sold season tickets for both the 2012/13 and 2013/14 season for a sum of £5,000,000 after the year end.
This, it seems, it the £5m facility that was referred to in the official sites reporting of the account headlines: “After the year end we entered into an agreement for a £5,000,000 facility to part fund the East Stand Development.”
‘Mr Chairman’ tells Ben Fry a lot of what he told Thom Kirwin in recent weeks. Scotland’s great, the Japanese superstar who can’t speak English, players want too much money, blah blah blah… Ken also looks ahead to the Carling Cup draw and fixtures coming out and tells Sky we don’t want to be on TV. Ex-academy lad Elliot Kebbie (who’s training with Barcelona) gets a mention before we hear about how Barbados Bill’s East Stand development will make Elland Road the best stadium in England… seriously. On that subject, there is another warning that you sickpots who want money spending on the team instead of a hotel are stupid. Finally, Ken’s delighted we have sold 828 less season tickets than last season.… Continue Reading
Taken from Yorkshire Radio’s interview with Leeds United chairman Ken Bates today… ‘Mr Chairman’ gives a damning assessment of our performance at Derby last night. He is equally as damning about the Millwall fans’ antics on Saturday. He looks ahead to more six-pointers against Watford and Reading, who apparently are below us (if only!). Ticket… Continue Reading