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Peter Ridsdale has cut his ties with Leeds United by resigning as a member of the club’s plc and football club boards.

Ridsdale resigned as chairman of Leeds in March after a difficult period at Elland Road. Leeds sacked manager David O’Leary before the season began and replaced him with Terry Venables, only to sack the former England boss last month.

In the midst of the managerial sackings the Elland Road board sanctioned the sale of several of Leeds best players as they struggled to reduce the crippling debts afflicting the club.

Then Ridsdale quit, but he remained as a director until today when the London stock exchange was informed that he had left the club altogether.

Ridsdale’s successor as chairman, John McKenzie, said: “Peter has other business interests that he wishes to pursue and we have agreedthat it is in the best interests of both parties that he stands down from the board of Leeds United and of the football club.”

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