The management of Leeds is trying to get out of financial crisis

The management of Leeds is trying to get out of financial crisisThe planned guide English "Leeds" financial transaction may be the fact that team President Peter Ridsdale at least partially removed from the fire. This season the club is in financial crisis, resulting in Ridsdale sold a defender Jonathan Woodgate, thus causing the wrath of the fans and head coach Terry Venables. Woodgate was one of four players sold in the winter transfer market by the club's management. In a statement the club said that as scheduled in the near future financial transactions expenses of the club will be reduced to 4.82 million."Undoubtedly, this operation stabilizes the financial situation of the club that will be important in the future success of the team," said Ridsdale. Recall that two years ago, Leeds United were successfully performing in the Champions League, reaching the semi-finals. It is due to the League during these years the club Treasury decently replenished. But, then, according to Ridsdale, "Leeds" every year we lose about $ 30 million. At the moment, "Leeds" in the standings of the Premier League is 15th place and part in European competitions next year - seems unreal. Sunday in the quarterfinals of the FA Cup rival club will be the representative of the first division Sheffield United"..

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