This is about the best Summary of Leeds and where we are, that I can
understand, that I've read in quite some time. Worth reading.
http://swissramble.blogspot.co.uk/2012/05/leeds-united-marching-on-together.html
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It's an excellent article with lots of good info but this jumped out at
me...
That said, Leeds do have other important potential liabilities: (a) if
they are promoted to the Premier League before the 2017/18 season, they
have to pay £4.75 million to the liquidator;
One of the often repeated
According to the article there are £13M of other costs of which £2 is the
rent.
Other costs are high though compared to other championship clubs, examples
given are Ipswitch £5M, Norwich Reading £6M, Derby QPR £10M Leicester
£12M.
I wonder how much we spend on legal fees after Bates' program
I don't believe that theory at all. Bates is a lot of bad things, but one
thing I think you can't accuse him of is being a financial
fackwit..and only an f.f. would give up the chance to earn many
tens of millions to avoid paying 5 million.
The thing that jumped out for me was that