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Leeds United are a perfect example of overlending causing a downfall. Well, we use the term downfall loosely, it was the most well-documented tragedy since the Titanic. In the space of just 6 years, they went from Champion's League semi-finallists in 2001, to bottom of League One (third tier of English football) in 2007. Founded in 1919, Leeds United's best period of history was the late 60s and early 70s, where under the late Don Revie, they won everything except the European Cup. This period of history was followed by another in the early 90s, when they won Division Two title, Division One title (now the Championship, then the top flight) and the FA Community Shield under Howard Wilkinson.
Although now down in League One (remember this is 2009-10 season), the club still attracts some of the biggest attendances English 3rd tier football has ever seen and have only once dropped below 5 digits. The fans therefore still remain as madly loyal to the club as they did in the Champions League and Premier League 8 years ago in 2001 and one of the more vocal in Europe. They maintain a hate for their main rivals Manchester United and other rivals Galatasary, Chelsea and Millwall.
If the club aren't promoted at the 3rd attempt, it could get ugly in Yorkshire, so the pressure is on the board to find a new man to get it right after 3 managers (Dennis Wise, Gary McCallister and Simon Grayson) failed to do so.
Leeds United are a perfect example of overlending causing a downfall. Well, we use the term downfall loosely, it was the most well-documented tragedy since the Titanic. In the space of just 6 years, they went from Champion's League semi-finallists in 2001, to bottom of League One (third tier of English football) in 2007. Founded in 1919, Leeds United's best period of history was the late 60s and early 70s, where under the late Don Revie, they won everything except the European Cup. This period of history was followed by another in the early 90s, when they won Division Two title, Division One title (now the Championship, then the top flight) and the FA Community Shield under Howard Wilkinson.
Although now down in League One (remember this is 2009-10 season), the club still attracts some of the biggest attendances English 3rd tier football has ever seen and have only once dropped below 5 digits. The fans therefore still remain as madly loyal to the club as they did in the Champions League and Premier League 8 years ago in 2001 and one of the more vocal in Europe. They maintain a hate for their main rivals Manchester United and other rivals Galatasary, Chelsea and Millwall.
If the club aren't promoted at the 3rd attempt, it could get ugly in Yorkshire, so the pressure is on the board to find a new man to get it right after 3 managers (Dennis Wise, Gary McCallister and Simon Grayson) failed to do so.