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Leeds United: Transfer kitty will not be affected - Bates
Ken Bates has reassured fans that Leeds United's transfer clout hasn't been diminished after he lost his High Court libel battle with former club director Melvyn Levi.
Reports have suggested that Bates will have to pay legal costs of around 1.5m following the much-publicised defeat, with the Whites chairman also ordered to pay 50,000 damages to Mr Levi.
That has led many fans to fear that United's transfer kitty could be substantially reduced, but Bates insists the club's player recruitment policy will stay the same.
He said: "The club's activity in the transfer market will not be restricted because of the recent court decision.
"As we have previously stated, we will restrict our recruitment to those players identified by Simon Grayson that he believes will supplement our current squad within our budgets.
"Speculation during the pre-season period is always at its height and as always, facts not speculation will be announced by the club."
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Thursday 24 May 2012
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