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Leeds United is to submit plans for a new leisure complex and 350-room hotel at its Elland Road stadium, which will create more than 200 jobs.
Leeds United has sold its business travel division to World Travel Management for a nominal sum.
Leeds United is considering plans to build a new football stadium with a larger capacity than the existing Elland Road site.
Caspian, the media concern, is acquiring Leeds United Football Club for about £30m.