Leeds United splashed the cash in the early noughties and of course, it led to the club’s administration in 2003 and eventual relegation in 2004. Something the club have failed to recover from. The heights of the Champions League, a win over AC Milan at Elland Road and Dom Matteo’s header in the San Siro came in the midst of Peter Ridsdale’s running of the club, spending cash Leeds didn’t have. Failure to qualify for Europe left Leeds struggling financially and eventually, could not pay what had been spent. Leeds had to sell after spending fortunes on players, including the signing of striker …
