Leeds United Are Relegated

Leeds United have been relegated without kicking a ball this afternoon.

The Club was placed in to Administration and automatically picked up a 10-point deduction which means that the Yorkshire Club will finish 24th in the Championship and be playing their football in League One next season.

The Administration will be handled by KPMG who issued this statement: "Shortly after their appointment the joint administrators agreed to sell the business and its assets to a newly formed company. This company is called Leeds United Football Club Limited, the directors of which are Ken Bates, Shaun Harvey and Mark Taylor. The sale of the club is subject to approval by its creditors, via a Company Voluntary Arrangement (CVA). The creditors' meeting, to consider the CVA, will be held before the end of May. The Football League will also need to approve the sale".

The Club is reported to be £35m in debt and needs £10m working capital to continue trading.