Birch gets a new reprieve with Leeds’ creditors

LEEDS chief executive Trevor Birch has won his latest battle with the club’s creditors by gaining a further extension of the standstill period until next Friday.

Birch gets a new reprieve with Leeds’ creditors

Over the past 10 days Birch has managed to raise the £5m needed to see Leeds through to the end of the season, which culminated in Thursday's unanimous agreement among the players to defer 25% of their wages.

Birch yesterday held the latest meeting with the creditors bondholders M&G, MetLife and Teachers, along with player-leasing agents Registered European Football Finance Ltd to outline his developments.

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