Leighton Warning On Loans

Last updated : 09 November 2003 By Kevin Markey

The Observer says Leighton, who with a business partner has put £4.4m into the club, is to advise bondholders they must reduce terms of their loans to Leeds, currently £79m in debt.

This means a reduction in the interest United pay to them with an extension in the terms of their loans.

Leighton has warned that if his request is not met he will be forced to call in the administrators.