UNDER FIRE McKENZIE STEPPING DOWN - Sporting Life
Sport News and Results from Sporting Life Professor John McKenzie was described as "damaged goods" following his decision to step down as Leeds plc chairman. McKenzie has confirmed he will not be standing for re-election at next Tuesday's AGM to ensure there is no conflict of interest should he represent potential new investors in negotiations with the club's advisors or creditors regarding a buy-out. McKenzie, who took over the troubled helm following Peter Ridsdale's resignation at the end of the March, is to retain his role as non-executive chairman, although it is understood he will also relinquish that position at a later date. Dr Bill Gerrard, a professor of sport management and finance at Leeds University Business School and an outspoken critic of the United regime in recent months, feels McKenzie's departure comes as "a relief." Although McKenzie, who is Leeds' largest individual shareholder with four million shares, has been able to s...