ManU's Ed Woodward EPL's Top Paid Exec Royal Troon Ready To Welcome Women BT Sport Hoping To Sign Gary Lineker Sky Pulls Reporters From Streets AFC Wimbledon Eyes Plough Lane ITV To Show Cricket World Cup Highlights Messi Rep Admits To Diverting Funds Rangers Accept Mike Ashley's Lifeline Ulster To Host Pro12 Grand Final ManU Signs Swissquote As Forex Sponsor
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Enterprise Insurance, the shirt sponsor of League Championship side Leeds United, "has withdrawn the winding-up petition it issued against the club last month," according to Phil Hay of the YORKSHIRE EVENING POST. The petition -- served on Leeds on Jan. 29 -- "was withdrawn after a hearing at the High Court in Manchester" on Thursday.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).