Leeds future still unresolved

By PA Sport  June 01, 2007
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The creditors´ meeting has been adjourned without a conclusion being reached due to the first count of the creditors´ votes on the creditors´ voluntary agreement (CVA) proposal producing a very close result....
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The battle for control of Leeds is expected to be resolved in court, it was revealed at a stormy creditors´ meeting at Elland Road on Friday.Creditors voted by the slimmest of margins to accept Ken Bates´ offer to buy back the club, but it was so close administrators KPMG were forced to abandon the meeting and call for a recount on Monday morning.KPMG released the following statement: "The creditors´ meeting has been adjourned without a conclusion being reached due to the first count of the creditors´ votes on the creditors´ voluntary agreement (CVA) proposal producing a very close result. This means administrators KPMG wish to recount."

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