Leeds United have today announced they have entered administration which means a ten point deduction and immediate relegation to League One.
The club were already due to relegated after the final game of the season on Sunday, but now they are sure to finish rock bottom of the Championship.
Leeds have gone bust with debts of £35m, but they have announced that chairman Ken Bates is to buy the club back immediately.
The announcement means Leeds incur a points deduction now - and avoid one in League One next season.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article