With Leeds United Leeds annouching a pre-tax loss of £49.5m for the year ending 30 June 2003, the highest ever figure for a British football club, the club is now some £78m in debt. But I can't help feel that this is just the tip of the iceberg; of the twenty two clubs in the Premiership only a handful are truly solvent and as player wage bills become more outrageous, at Leeds for ever £100 pounds the club earned £88 went out in wages, it is only a matter of time before something breaks. Maybe that something will sadly be Leeds United.