Last updated : 14 January 2004 By Editor

Red Issue understands that Leeds United are set to go into administration on Monday. All rescue packages have failed and aparently the players will be asked to take a 30% deferment of their wages. We also understand that Alan Smith has a clause in his contract that means that if he doesn't accept this, he has the option to leave for free. Nothing is confirmed but this has come from a very good source. More on the news tomorrow.