Leeds finalise new sponsorship and look to offload loan players

Leeds United are set for a multimillion pound cash injection this week, less than a fortnight after being saved from administration.

Leeds United are set for a multimillion pound cash injection this week, less than a fortnight after being saved from administration.

The relegation threatened club are to announce a new kit sponsorship deal with the Italian sportswear firm Diadora, understood to be worth at least £15m, although clauses could push the figure higher.

Leeds' five-year arrangement with Nike is due to end this summer, and in the wake of their decision not to renew the deal, the Yorkshire club have been in negotiations with Diadora for some time.

Discussions continued yesterday morning, for although the length of the contract, likely to be five years, has been agreed, there remain a few details which need to be resolved.

"Negotiations are at an advanced stage and there are now just one or two minor points we are working on, but we're hopeful of announcing the deal later this week," David Richmond, Leeds' marketing and commercial director, said.

Providing all goes to plan and there are no late hitches, the club are looking at a launch date of early June.

The agent Willie McKay is due to discuss with Leeds their plans regarding four of his players who are on loan at Elland Road, Salomon Olembe, Didier Domi, Lamine Sakho and Zoumana Camara.

Leeds have option-to-buy clauses on the quartet who all joined the club last summer on season-long deals. However, it is almost certain that they will be released at the end of the campaign.

Geoffrey Richmond, who is working as an unpaid advisor to Leeds, recently stated the club will save £11m in wages once the loan players - including Jermaine Pennant and Steve Caldwell - and the out-of-contract players David Batty, Jason Wilcox, Michael Bridges and Lucas Radebe are off the books.

Only the Cameroon international midfielder Olembe, who is available for just over £2m, is attracting any attention.

McKay confirmed: "There is interest from a few clubs in Salomon, but not in the others as yet. It may be they will have to return to their clubs in the summer, although Didier has recently been playing for Leeds and doing well.

"There is the option-to-buy clause and it could be Leeds may want to extend his loan deal for another season. But I'm sure Didier would want something much longer."

McKay added: "I know Salomon is keen to stay in England, and there is a chance as Charlton, Bolton, Blackburn and Celtic have all been watching him."

Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
  • Get to the point
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

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living