New Leeds bid to beat legal challenge
Leeds have upped their offer to the Inland Revenue from £77,000 to £616,000 in a last-ditch attempt to avoid a legal challenge to the club being re-sold to Ken Bates.
The initial offer to creditors was only 1p in the pound, which meant the Inland Revenue would have received only 1% of the £7.7m owed in unpaid taxes and VAT.