'Leeds is worth the investment'

Leeds chairman Professor John McKenzie has put a value of over £50m (€71m) on the troubled club – but believes the Elland Road outfit is worth investing in.

Leeds chairman Professor John McKenzie has put a value of over £50m (€71m) on the troubled club – but believes the Elland Road outfit is worth investing in.

The club is reported to be £78m (€110.8m) in debt, but has reached a “standstill agreement” with creditors to stave off the immediate threat of administration.

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