Financial Overview
Year |
Turnover |
Pre-tax profit |
Wages / Turnover ratio (%) |
Employees |
2004/05 |
31.121 |
-8.490 |
56.3 |
199 |
2003/04 |
41.954 |
69.436 |
88.4 |
277 |
2002/03 |
46.998 |
-47.523 |
|
273 |
2001/02 |
64.169 |
-34.543 |
80.9 |
294 |
2000/01 |
76.225 |
-4.197 |
54.3 |
290 |
1999/00 |
50.789 |
4.248 |
52.0 |
228 |
1998/99 |
35.394 |
1.406 |
49.2 |
145 |
1997/98 |
28.265 |
-0.045 |
53.8 |
166 |
1996/97 |
21.802 |
-6.227 |
50.9 |
195 |
1995/96 |
18.751 |
-0.875 |
|
|
1994/95 |
14.753 |
0.842 |
|
|
|
|
|
|
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Spectator Numbers since 1994/95
(domestic league matches only)
Archived Articles on Leeds United Football Club
The Need For More Finance - 17/02/2008
Leeds United have announced a four-year contract with Italian kit manufacturers Macron, a deal which Ken Bates hopes will be worth £5m. Leeds supremo Bates described the agreement as the most lucrative in existence outside the Premiership. However, it should be borne in mind that the figure is 50 per cent of the yearly rent that United pay for Elland Road and Thorp Arch. This illustrates how easily United's moeny is swallowed up, even without debts of £35m. The club needs more investment. United are only six months beyond insolvency; they do not own their stadium or training ground and do not look like re-purchasing either property in the immediate future. Neither fact makes investment unrealistic or unreasonably risky, but they are likely to affect the sums of money that prospective investors are prepared to put on the table. The biggest selling point of a shareholding in Leeds is that the cost of acquiring shares should now be a fraction of what it would be in the Premiership. United need to promote themselves as a top flight club that have lost their way, but the credibility of such a claim would be helped if the club were able to win promotion this season.
Leeds Future Uncertain - 08/07/2007
The administrators of Leeds United, KPMG, has opened up the sale of the club to the highest bidder...
Legal Challenge To Bates Takeover - 01/07/2007
A deal to allow Ken Bates regain control of Leeds United may face a legal challenge within days. The Bates plan to put him back in charge was supported by three offshore trusts who said they would block other deals, even though they offered creditors a better deal...
Leeds Creditos' Meeting To Reconvene - 03/06/2007
The meeting of Leeds United creditors is to re-convene on Monday to conduct a recount after the Ken Bates takeover won approval by a whisker...
Several Bids Made For Leeds - 27/05/2007
KPMG, the administrators of Leeds United, have confirmed that they have received several bids for the club...
Leeds Try To Wipe The Slate Clean - 05/05/2007
Leeds United have gone into administration, hoping to get rid of their accumulated debts of £35m while allowing the existing owners to effectively retain control...
Ken Bates Takes Over At Leeds United - 23/01/2005
Ken Bates has inherited a tangled financial web at Leeds, although such situations are not new to him. There are still liabilities of £6.86m to former staff, including no less than £2.1m to Fowler, £1.8m to Danny Mills, £1m to Nick Barmby, plus outstanding six-figure sums to...
Bates Linked With Leeds United? - 10/01/2005
Former Chelsea chairman Ken Bates has denied that he has agreed to put in £10m to save Leeds United. Sebastian Sainsbury, great-grandson of the supermarket chain founder, said that he had held a meeting with Bates last week...
Leeds Sell Off Elland Road After Deal Collapses - 14/11/2004
After the collapse of takeover negotiations with a British-American consortium fronted by Sebastian Sainsbury, Leeds have resorted to Plan B and are close to completing a deal for the sale and leaseback of Elland Road...
Latest Bid For Leeds Greeted With Scepticism - 31/10/2004
Leeds United's board asks for proof of funding for potential £25m takeover bid by Sebastian Sainsbury...
Leeds Reduce Debt With Casino Deal - 19/10/2004
Leeds United had cashed in on the nation's gambling boom to reduce their debt by £5m. They have disposed of a disused seven acre site next to Elland Road to Stanley Leisure to build a casino...
Reported Bid For Leeds - 19/09/2004
Nadhmi Auchi, a British-based businessman with a fortune claimed to be worth £1.3 billion, is reported to be drawing up plans to take control of Leeds...
What Now For Leeds? - 09/05/2004
No one who saw the scenes from Elland Road on 8th May can doubt the passion and commitment of the Leeds supporters or the fact that the club has a huge fan base (apparently to be rewarded by a 27 per cent hike in season ticket prices next year)...
Fire Sale Inevitable at Leeds - 23/03/2004
The Yorkshire based consortium that has taken over Leeds United has put together a canny deal to save the club from administration, but whether or not the club is relegated from the Premiership a fire sale of expensively paid players is now inevitable...
Leeds Crisis Deepens - 29/02/2004
The crisis at Leeds has deepened after our consortium interesting in purchasing the club pulled out and the creditors failed to grant another debt standstill agreement...
Off Pitch Prospects Look Brighter For Leeds - 08/02/2004
Leeds has received a fourth extension to the standstill agreement on its debt, this time to beyond February 13th. A consortium represented by local accountant Gerald Krasner is trying to buy the club...
Will Leeds Be First Premiership Club To Go Into Administration? - 11/01/2004Unless a suitably wealthy purchaser can be found, Leeds United will be the first Premiership club to go into administration. The main creditors include providers of £60m of senior secured notes and Gerling General Insurance...
Record Losses At Leeds - 15/11/2003
Leeds has reported pre-tax losses of almost £50m, a record for a UK football club. Losses of £49.5m were incurred against the background of a fall in turnover for the twelve months to June...
Desperate Times At Leeds - 04/05/2003
The club is considering refinancing in order to cut its debts of almost £80m. Options under consideration include a rights issue and a debt-for-equity swap, though a bond issue has been ruled out...
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