New takeover could signal quick return to Premiership for shell-shocked Leeds

LEEDS are likely to be in the hands of new owners before the end of the season, raising hopes the club could make a quick return to the Premiership.

Chairman Gerald Krasner and his directors are to conduct one of the most important board meetings in Leeds' recent history this morning at which they will thrash out plans for the future following the club's relegation to the Football League on Sunday.

Among the items top of the agenda will be a proposed takeover by a consortium led by haulage magnate Steve Parkin, who last week had a £23million bid for Leeds rejected, but is undeterred in his quest to take control.