Looking at Ricky’s latest comments, plus a couple of others, it looks as if Duchâtelet has moved the goal posts yet again. He’s got it into his thick head that just because a conman (Southall) agreed to pay him £55m despite not even having £55 to his name, other people will too, and that’s what he’s actually due.
Back in 2004 when Leeds United went into administration they sold Elland Road and Thorpe Arch to Jacob Adler for £8M.
They initially paid £1M per year in rent for the 1st 10 years , then it went up £100K per year thereafter (for Elland Road) and £500K per year for Thorpe Arch.
In 2017 the annual rental was £1.7M and £500K so new Leeds owner Radrizanni bought the stadium back for £20M and agreed to lease it to the club free of charge for 36months.
In those 14 years, Adler received over £50M for his £8M investment.
That's in the ****hole that is Leeds.
