Leeds put up for sale
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Leeds United's administrators, KPMG, have put the Elland Road club up for sale.
The decision from KPMG comes after HM Revenue and Customs revealed it is owed £7.7million by Leeds and would contest chairman Ken Bates' takeover of the club.
Club creditors had accepted an offer of 1p-in-the-pound from Bates which would see him buy back the club and pull The Whites out of administration.
But HM Revenue and Customs are unhappy with the deal proposed by Leeds United Football Club Ltd.
Leeds may have been barred from starting the League One season as the situation was not set to be resolved until the start of September.
As a result KPMG have now acted by welcoming new offers for Leeds, and have set a deadline of 5pm on Monday for bids to be received.
"We are putting the club up for sale and offers must be in by 5pm on Monday and we are interested in talking to other parties," a spokesman for the administrators said.
"This is because of the uncertainty that surrounds the club due to the legal challenge by HM Revenue and Customs." -
Who will dare to buy Leeds... It's riddled with debts.
Hope Leeds can pull it off.