Joint administrators from KPMG have advised creditors of Leeds United Football Club that the creditors' meetings will be held at the club’s ground at noon on 1 June 2007.

This meeting will enable the administrators to fulfil their statutory duty to put their proposals for the administration to the creditors. The key activity at this meeting will be a vote to approve progressing the CVA (company voluntary arrangement) process.

In anticipation of approval of this proposal, administrators have scheduled a second creditors meeting for 2pm on the same day at which the CVA proposal to complete the sale of the Club to Leeds United Football Club Limited will be considered and is expected to be voted upon.

Joint administrator Richard Fleming said: ‘At this meeting I will outline the proposal to sell the Club to Leeds United Football Club Ltd and will also inform the creditors of any other matters which could influence their decision; such as details of the level of interest from other potential buyers of the Club and indeed any alternative bids. Creditors will then be invited to vote on the proposal and any modifications that emerge.

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