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    Leeds’ footballing future in doubt

    Leeds' footballing future in doubt

    Struggling football club may not be in a position to start the new season if HMRC block on CVA is not removed

    Author Date published July 5, 2007 Categories

    Leeds United may find themselves unable to start the new football league
    season, KPMG has warned.

    Partners from the Big Four firm were appointed as the football club’s
    administrators earlier this year and the comments were made at a High Court
    hearing in Leeds, where the club’s plans to enter into a Company Voluntary
    Agreement are being questioned by HM Revenue & Customs.

    Last month a Ken Bates-led consortium had to sweat on a recount of votes in
    getting the CVA approved, but this latest twist in the saga will do nothing to
    appease shareholders.

    KPMG said that unless the club is able to leave administration, the Football
    League may not let it start the season.

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