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Financial times: Leeds Utd

Though the extent of Leeds’ problems fluctuates from minute to minute, Duncan Young has tried to get a grip on it all

The conspicuous problem for Leeds is that not only do they not have the money to pay back their debts, they do not even have enough to maintain the obligations that must be met now. As recently revealed by chief executive Trevor Birch, a £60 milli0n loan is already secured against the stadium, a £3.5m debt is secured against the training ground and most of the key players are leased from a company in Jersey. Foot­ball finance expert Professor Tom Cannon of Checksure, an organisation that provides credit ratings on companies, describes this not unreasonably as “test­ing securitisation to its limits”. Even the status of the three valuable players that Leeds might actually own is in doubt, though selling even one would be tantamount to run­­ning up a white flag in the eyes of Leeds fans.

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Video nasty

Arsenal and England fan Cameron Carter has enormous respect for David Seaman as a goalkeeper, but his admiration doesn't extend past his football career after watching the ponytailed one's first foray into presenting

So farewell then, David Seaman, one of the great English goalkeepers in the classic no-fuss style and, despite his extraordinary record, one of the most haun­ted. Peter Schmeichel, in a feature for the Sun­day Times, marked Dave’s professional passing with a piece on how unfortunate it is that such a model keeper may be remembered by many purely for his rare errors. Schmeichel then helpfully went on to outline those errors in unabridged, technicolour de­tail. To the Nayim lob, the Ronaldinho free-kick and the Macedonian fellow’s corner we can now add this video as one of old Safehands’ truly mem­orable mis­takes.

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Stage fright

Al Needham  couldn’t quite believe just how poor John Barnes is working in television – and was even more shocked when he started thinking about all the competition and realised that Emlyn Hughes was quite good

He dealt with intense media scrutiny ever since the start of his playing career. He went on to become one of the most important players in the country. He played a major part in England’s 1990 World Cup cam­paign. He’s dabbled in TV adverts. As soon as he re­tired, he was snapped up as a pundit and before too long became a presenter on a terrestrial channel. So why is John Barnes so toe-curlingly bad at his new job?

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Ear we go…

Racing Genk have recently experiemented with earpiece technology, enabling the coaching staff to send orders to their keeper. Despite being used in cycling, Genk's innovative approach was a global first in football, as John Chapman writes

Where did Sir Alex Ferguson’s legendary anger and desire to win come from? Some say it’s due to the time he spent as an apprentice tool-worker, but others trace it back to Rangers’ 4-0 defeat by Celtic in the 1969 Scottish Cup final. Fer­gie was made the scapegoat for the de­feat, after he failed to mark Willie McNeil at a corner two minutes into the match. Almost as the final whistle blew, Ferguson was on his way out of Ibrox, seemingly into obscurity.

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Channel hoppers

The falling cost of satellite technology has combined with an increase in broadcasts of live English games. Bruce Wilkinson examines modern football's global accessibility to televised matches 

The international popularity of the Premiership has given rise to an ever growing demand for broadcasts of English football around the world. What began as a few Scandinavian coun­­tries beaming back live games has grown into scores of television companies from Los Angeles to Uzbekistan paying to show live transmissions, delayed broad­casts and highlights packages.

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