Sainsbury makes new offer for Leeds

Sebastien Sainsbury is back in the running to take over Leeds just over a fortnight after being told by chairman Gerald Krasner his bid was dead in the water.

On November 12 Krasner was forced to call time on Sainsbury’s £25m (€35m) offer to buy Leeds, and instead negotiated an £8m (€11m) sale-and-leaseback agreement of Elland Road to further ease existing debts.