Osnabrück Reports €137K Loss For '13-14 Sky Buys Stake In Whistle Sports Network Fernandes Calls For F1 To Curb Spending London NFL Team Could Be Worth $160M Sainsbury's Names Sturridge Ambassador RFU Extends Deal With Sky Sports Tax Authorities Eyeing Spanish Players Swansea City In Talks With Potential Investors Thai Media Groups Eye Bolton Takeover FIFA's Koch Denies Cup Cost Brazil $14B
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/March 3, 2014/Finance
Leeds United Shirt Sponsor Enterprise Insurance Withdraws Winding-Up Petition
Published March 3, 2014
Enterprise Insurance, the shirt sponsor of League Championship side Leeds United, "has withdrawn the winding-up petition it issued against the club last month," according to Phil Hay of the YORKSHIRE EVENING POST. The petition -- served on Leeds on Jan. 29 -- "was withdrawn after a hearing at the High Court in Manchester" on Thursday. United was threatened with a winding-up order over a sum of £1.5M ($2.5M) borrowed from Enterprise Insurance in '12 "but the club repaid the money with interest" ahead of this Thursday's hearing. In a statement, Enterprise Insurance said it had taken action against Leeds after "the club’s solicitors claimed in correspondence that there was no debt to Enterprise" (YORKSHIRE EVENING POST, 2/27).