Cash-strapped Leeds 'given a week to find funds'

The acting chairman of Leeds United was today given seven days to find the £5m (€7.2m) funds which would prevent the club falling into the hands of administrators.

In a statement to the Stock Exchange, Trevor Birch disclosed the week-long extension to the “standstill agreement” with the principal creditors who are owed a combined £82m (€118.4m).