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On This Day: Peter Ridsdale stands down as Leeds United chairman

On This Day: Ridsdale stands down as Leeds chairman
© PA Photos
Risdale had been in charge for five years.

Peter Ridsdale resigned as chairman of crisis club Leeds on this day in 2003.

In a statement released to the Stock Exchange, the 50-year-old announced he was standing down after five years in the post.

Ridsdale said: "After five years as chairman I have decided to step down and hand over the reins as chairman to Professor John McKenzie who has my full support."

Liverpool v Leeds Rio Ferdinand
Leeds had a team full of stars including Rio Ferdinand (John Giles/PA)

Ridsdale had come in for increasing criticism from fans after a season which had seen a host of top stars leave the club, as well as the departure of manager Terry Venables.

Rio Ferdinand, Robbie Keane, Lee Bowyer, Olivier Dacourt, Robbie Fowler and Jonathan Woodgate had all been sold off since David O'Leary's exit the previous June.

The previous 14 months had been a turbulent time for Leeds. From topping the Premier League in January 2002, the Elland Road club experienced a decline which had rapidly increased since the turn of the year.

Bolton v Leeds United
But the club were relegated in 2004 (Phil Noble/PA)

Things went from bad to worse thereafter. Leeds were relegated in 2004 and even spent two seasons in League One.

The good times are finally returning, though, after the club returned to the Premier League last season under Marcelo Bielsa. They currently lie 11th in the table.

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1Manchester CityMan City33245469244577
2Manchester UnitedMan Utd32199464352966
3Leicester CityLeicester31175955371856
4Chelsea321510750311955
5West Ham UnitedWest Ham32167953421155
6Tottenham HotspurSpurs331581056381853
7Liverpool32158954381653
8Everton31147104340349
9Arsenal32137124436846
10Leeds UnitedLeeds32144145050046
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12Wolverhampton WanderersWolves32118133241-941
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14Southampton32106164058-1836
15Newcastle UnitedNewcastle3298153553-1835
16Brighton & Hove AlbionBrighton32713123338-534
17Burnley3289152645-1933
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19West Bromwich AlbionWest Brom3159172859-3124
RSheffield UnitedSheff Utd3242261756-3914

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