Leeds cleared to play new season, but start with 15-point penalty
LEEDS UNITED have been granted permission to take part in the upcoming League Two season, but must start the campaign with a 15-point deduction.
Leeds having already appealed against the point deduction and their case will be heard at a future special meeting of all league clubs.
Doubts had been raised over Leeds’ future after the club, bought back out of administration by chairman Ken Bates, failed to agree a company voluntary arrangement to pay off an acceptable amount of their debts to creditors.
But the Football League in a statement said yesterday: “The Football League board agreed that, notwithstanding the manner in which this administration has been conducted, the club should be permitted to continue in the Football League.
“However, it is acknowledged the club did go into administration and has been unable to comply with the terms of the League’s well-established insolvency policy.
“As a result, the board determined this transfer of membership should be subject to Leeds United having a 15-point deduction applicable from the beginning of the 2007/08 season.”