Administration will happen, warns Leeds chairman

Leeds chairman Gerald Krasner is refusing to give up the fight despite admitting “administration will happen” after Sebastien Sainsbury’s proposed takeover finally collapsed.

Administration will happen, warns Leeds chairman

Leeds chairman Gerald Krasner is refusing to give up the fight despite admitting “administration will happen” after Sebastien Sainsbury’s proposed takeover finally collapsed.

With the £25m (€35.7m) buy-out in tatters Leeds stand on the brink of administration, potentially within the next three months.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Sport

Newsletter

Latest news from the world of sport, along with the best in opinion from our outstanding team of sports writers. and reporters

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited