Players Agree To Defer Wages

Last updated : 21 May 2007 By Kevin Markey
The club's administrators KPMG liaised with the Professional Footballers Association and the Football League before entering a deed of deferral.

Thirty two of the 36-strong playing squad have agreed in order to help secure the long-term future for the club.

Leeds, who have been relegated to League One, went into administration before the end of the Championship season.

The wages of the players who have agreed to the deferral will be paid after the approval of the CVA at a meeting of the creditors next month.

The administrators will pay those who did not sign the deed of deferral. Ken Bates is hoping to buy back the club, who are £35m in debt, on June 1 when their creditors who are owed money are expected to be offered one penny in the pound.