Leeds United resolve winding-up order out of court
Leeds United have reportedly settled the winding-up petition they were handed on Friday from former director Melvyn Levi.
The Championship club were presented with the petition by law firm Ford & Warren Solicitors, on behalf of Levi, over unpaid fees of around £150k.
The unpaid fees dated back to Ken Bates’ time in charge of the club.
In December 2012, Bates sold Leeds to GFH Capital before Italian businessman Massimo Cellino bought a majority share in April 2014.
A club statement said: “Mr Levi and Leeds United Football Club Limited are working towards resolving their remaining differences,”
The petition had been set to be heard at Leeds Combined Court on 13 January.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome