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Next Game: Banbury Away On Friday March 29th Kick-Off 3.00pm

Wednesday, November 26, 2008

Leeds Announce £4.5million Profit

Leeds United have announced a profit to the end of June 2008 of £4.5million.

The excellent figures have been largely on the back of player sales, with a £3.6million profit in the transfer market but the club did make £900,000 on normal trading on a whopping turnover of £23.2million over a 14 month period, meaning Leeds were turning over in a month what the Bulls were turning over in the season.

The Whites intend to seek to repurchase their Thorp Arch training ground and Elland Road itself, both sacrificed during their troubles in 2004, over the next 12 months. Chairman Ken Bates rated the purchase cost of the two, earlier in the year, at around £19million.