Leeds consider new rescue bid

  • Other Sport
  • Wednesday, 05 May 2004

LEEDS: Relegated English Premier League outfit Leeds United will consider the latest in a long line of takeover bids at a directors' board meeting on Tuesday. 

The most recent proposal to rescue the ailing club is headed by Steve Parkin, who has made his money from haulage and who had his first offer put at £23mil rejected last week. 

A committed Leeds supporter Parkin is said to have the funds in place to bail out the club, which was consigned to playing in the First Division after losing 4-1 to Bolton on Sunday. 

Parkin is aiming to buy out chairman Gerald Krasner's stake and reinvest cash gained from off-shipping their few remaining star players like Australian Mark Viduka and Alan Smith. 

Meanwhile the man fans regard as the main orchestrator of Leeds' financial turmoil, former chairman Peter Ridsdale, has been urged to apologise for his constant costly dips into the transfer market. 

“He should not just say sorry, but also hold up his hands and say 'We did this to your football club',” John Boocock, chairman of the supporters trust, said. – AFP  

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