According to a report in The Sunday Mirror, a British newspaper, Maple Leaf Sports and Entertainment are looking to purchase and English soccer club, with one of their options being Leeds United. The team, which lost 1-0 in the League One Playoff Final Sunday afternoon, is playing in the third-division of the English Football League.
Leeds have been on a roller-coaster ride since 2001 when they were Champions League semifinalists. Money woes, which led to the selling of many of their high-priced talent, ended in their relegation from the English Premier League. Just a year ago the club went into bankruptcy and was almost dissolved before being salvaged by current chairman, Ken Bates.
I'm familiar with Leeds' troubles as I'm a "Whites" supporter. I really hope this report does not come to fruition, at least if MLSE becomes a controlling partner. They've done enough damage to the Leafs, I don't need them ruining my soccer club anymore.
What strikes me as odd is why MLSE would not go after an actual Premier League team. While Leeds United is a big club, it will be playing it's second year of third-division football in 2008-09. That means a very low profile on television and a minimum of two years before they'd play in the Premier League again. The odds of Leeds earning promotion over the next two years is highly unlikely.
UPDATE: Much to my earlier belief, the story is untrue as per a Leeds United release