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Last Updated: Monday, 21 May 2007, 13:21 GMT 14:21 UK
Leeds players agree wage deferral
Leeds United
All but four of Leeds United's players have agreed to a request to defer their wages, reports BBC Radio Leeds.

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 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 season.

606: DEBATE

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.

Chairman Ken Bates is hoping to buy back the club, who are 35m in debt, on 1 June when their creditors who are owed money are expected to be offered one penny in the pound.



SEE ALSO
Krasner fury at Bates' Leeds bid
17 May 07 |  Leeds United
Quartet are shown door by Leeds
15 May 07 |  Leeds United
Morris steps up bid to buy Leeds
14 May 07 |  Leeds United
Bates calls for Leeds investment
05 May 07 |  Leeds United


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