The collapse of Leeds United and its slide into administration was due to the action of HM Revenue & Customs, according to the club’s outspoken chairman, Ken Bates.
Speaking on BBC Radio Leeds, he accused the HMRC of acting ‘extremely unreasonably’.
Bates blames Revenue for Leeds collapse
Leeds chairman says HMRC caused club to go into administration
Accountancy Age, 07 Jun 2007
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‘Over the last two-and-a-half years Leeds have paid between £15m and £20m to the Revenue, but our cash flow dried up and we asked for a holiday.
‘The Revenue said no and put foward the petition to wind up the club. I'm sorry small creditors have lost money, but that is totally down to the Revenue,’ he said.
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