reported anywhere else:
Leeds' deal with Newcastle for Woodgate has all but been pushed through as
the moneymen apply the pressure on your Yorkshire friends. Such is the
seriousness of Leeds' position part of their Thorpe Arch complex has been
sacrificed to developers whilst their lucrative (when Leeds were in Europe
anyway!) travel business has also been cashed in.
The on-off-on Woodgate sale may well have been orchestrated to reflect as
well as possible on El Tel and keep the fans off his back but such is the club's
desperation we hear two other saleable "assets" have been used as
"collateral" to raise money from American bankers. With the "assets" in
question having found out our snout wings in: "Elland Road isn't a happy
place to be right now, heh heh." El Tel's position is left hanging by a thread
but having said that, his position is probably only marginally less secure than
the future of the club itself.
Meanwhile, the official Leeds website has said:
"Any suggestions that Terry Venables has resigned are categorically untrue.
As Venables has suggested himself, he may well consider his long-term
future, but for the moment he is prepared to continue with his work at Elland
Road."