Andrea Radrizzani: Leeds United owner admits he could go back into administration

Spence has overseen a substantial return for Leeds after getting the club out of administration in January last year

American owner Andrea Radrizzani has promised Leeds United will return to the Premier League.

There is the added priority of re-establishing the club as a force in English football, having been relegated to the Championship last term.

A wage cut was imposed on several players during pre-season.

And Radrizzani said: “We have to do well in the Premier League or we will be in trouble again.”

Earlier this week, Chris Woods became Leeds’ first new manager in six years.

The Italian is taking over a club where debts were listed as high as £35m.

The wage cut was announced in June, and Radrizzani said: “The objective was clear: if the promotion last season didn’t work we didn’t want to go into another relegation battle.

“We have a plan, we have the plans, we have the results.”

Radrizzani, a 50-year-old businessman and basketball coach, added: “We want to be one of the strongest in the league.

“Everything is in place to do that. There’s a little bit of work that has to be done in terms of the club’s image and we want to make an investment in it.”

The club signed a financial deal earlier this year which also meant they were able to change their name from Leeds United to Leeds United Foundation.

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