Leeds contemplate 25-year season tickets to raise funds

Leeds United's new owners are considering offering 25-year season tickets to help ease the club's financial crisis.

Leeds United's new owners are considering offering 25-year season tickets to help ease the club's financial crisis.

Gerald Krasner's group, advised by the former Bradford City chairman Geoffrey Richmond, are looking at a "super ticket", which would cost around £5,000 and would run for 25 years, working out at about £200 a season.

If 4,000 to 5,000 fans took advantage of the scheme and paid their money up front it would immediately raise funds equivalent to the £20m-plus invested by Krasner's group to take over at Elland Road.

Richmond used the same idea at Bradford City and found many takers, but those supporters were plunged into uncertainty when the administrators were called in after the club ran up £36m debts. Bradford's new owners agreed to honour the season tickets, but the worry for Leeds fans would be putting in their money and finding that the club later goes out of existence. There are no guarantees about where or whether Leeds will be playing between now and 2029 ­ even if the price of the package is potentially a huge saving.

Sheffield United have followed Rangers in unveiling plans for the development of a casino at their ground to try to help ease their debts.

On Tuesday, the Glasgow club unveiled plans, in partnership with the American company Las Vegas Sands Inc, to build a £120m entertainment complex next to their Ibrox ground which will include a Las Vegas-style casino. Yesterday, the Blades signed an agreement with the same company to build a complex behind the Laver Stand at Bramall lane, subject to planning consent and deregulation of the gaming laws, with the prospect of a hotel to follow.

The announcement comes on the day the Blades revealed their half-yearly figures to 31 December, 2003, which show an increase in revenue from ticket sales, merchandise and other business ventures. United's overall debt is up £900,000 to £9.8m in the last six months, although that represents a significant improvement compared to the same time last year when the Blades were £13.1m in the red.

Turnover has risen by £1.5m to £6.2m, with the average crowd attendance up 24 per cent to 20,438 from 16,500 over the same period last year, and with season ticket sales also up 34 per cent to 13,000 from 9,699.

Other improvements include a £700,000 increase in media and TV revenue; and sponsorship, advertising and merchandise sales up 26 per cent to £2.2m.

News
newsAnother week, another dress controversy on the internet
Life and Style
Scientist have developed a test which predicts whether you'll live for another ten years
health
Life and Style
Marie had fake ID, in the name of Johanna Koch, after she evaded capture by the Nazis in wartime Berlin
historyOne woman's secret life as a Jew in wartime Berlin
News
news... and what your reaction to the creatures above says about you
Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Bleacher Report

Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn