Leeds figures announced

Published Add your comment

Football News

Leeds have announced profits of over £4million for a 14-month period ending on June 30 this year.

The Yorkshire club, docked a total of 25 points by the Football League for financial irregularities after slipping into administration in May 2007, have released figures which show a turnover for the period of over £23million.

The club said in a statement: "The directors of Leeds United Football Club Limited are pleased to be able to confirm that the audited accounts for the 14-month period to June 30, 2008 show a profit of £4,553,000."

The statement continued: "During the period the club made an operating profit before player trading of £902,000 from a turnover of £23,249,000.

"On the field the club are seeking to gain promotion to the Championship at the earliest possible opportunity and to continue strengthening the club's academy.

"Off the field, the directors have identified that the re-purchase of both the Thorp Arch training facility and Elland Road as a priority within the next 12 months."

Copyright (c) PA Sport 2008, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

League One
Leeds United

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again