Ken Bates, who today denied reports he is planning to relocate Leeds to South Leeds Stadium, has been told that entering administration may help to safeguard the club’s long-term future.

Manager Rafael Benitez may have gone some way to restoring Liverpool’s fortunes on the pitch but chairman David Moores still faces the same financial problems off it he did 12 months ago.

Financial expert Tom Cannon believes Jonathan Woodgate’s £9m transfer to Newcastle has steadied the Elland Road ship.