The Leeds United Football club is on the brink of insolvency according to the former chairman. It is a 90% certainty, in Gerald Krasner's opinion, that his former club will be in administration within the next few days.

Other club officials are refusing to comment on the recent media speculation that Leeds will enter into Insolvency. Experts are expecting the ill fated club to enter into administration within the week unless an investor bails it out.

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