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Welcome News for Leeds United

January 21, 2005 9:27 PM

Councillor Mark Harris, Leader of the Liberal Democrat Group and Deputy

Leader of Leeds City Council, has welcomed the news that Ken Bates and his

consortium have invested in the future of Leeds United .

Cllr Harris said :- "The news today that the financial future of Leeds

United has been secured by the investment from Ken Bates and his company is

very welcome news indeed.

"Mr Bates has a real track record in successfully running and building a

soccer club. A man of his experience and calibre would only make this

investment knowing the great potential there is for Leeds United.

"Over the last few months the Council has been in regular contact with

Leeds United and has had numerous discussions with the Directors. The

future of Leeds United has an undeniable impact on the way Leeds is

perceived and, one also has to say, on the morale of many of our residents:

a successful club is vital for this City.

"I think great praise is due to Gerald Krasner and the Consortium who saved

the club from almost certain extinction had they not intervened when they

did, at significant personal risk to themselves. It is hard to see how the

Club could have got to a position where Mr Bates was prepared to invest

without the efforts of Gerald Krasner and the outgoing board.

"On a personal note, I have followed Leeds United from the first day I saw

John Charles play. Today's news is a great relief: now let's look forward

to Leeds returning to the top flight where they belong."

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