Consortium lined up for Leeds takeover
Leeds United's long-standing financial problems could be eased by early next week with news that a consortium is in place to take over the Yorkshire club
Reports suggest that the consortium is very close to a deal after two months of complex negotiations.
Leeds, bottom of the Premiership, are thought to have debts of over £100m.
The consortium is thought to be Yorkshire-based and has been advised by former Bradford City chairman, Geoffrey Richmond.
The club has been seeking to stave off administration for the past few months. A deal is thought to be close because one of the club’s creditors has apparently grown frustrated at the lack of progress being made.
A deal could be in place before Leeds play Manchester City on 22 March.