Mark Humphries wrote:
=====================
> How can we have only had a profit (on transfers) of £3.5 mil?
> That season (and previous close season) we sold Smith (£7m?),
> Viduka (£4.5m), Milner (£4m?), Robinson (£5m?) and Lennon (£6m?).

Mark, somothing so many Leeds fans still believe - however its a complex mess :-) None of this money went anywhere other than to pay debts to the Taxman, Petchey, Former players and managers, The bondholders and latterly Jakob Adler for ground rent.......

I checked transfers on soccerbase which is very rarely wrong.

http://www.soccerbase.com

Viduka went in season 2004/5. Lennon went this season and there was no fee as he came from apprentice status (it was his first signing)

Season 2003/4 is:

Players in

Player                  From            Fee             Date
Jody Morris             Chelsea         Free            18-07-2003
Danny Pugh              Man Utd         Swap            26-05-2004
Michael Ricketts        Middlesbro      Free            24-06-2004
Jermaine Wright         Ipswich         Free            30-06-2004
Matthew Spring          Luton           Free            01-07-2004
Steve Guppy             Leicester       Free            01-07-2004
Paul Butler             Wolves          Free            01-07-2004
Julian Joachim          Coventry        Free            01-07-2004
Clarke Carlisle         QPR             Free            01-07-2004
Danny Cadamarteri       Bradford        Free            02-07-2004
Total: £ 0

Players out

Player                  To              Fee             Date
Harry Kewell            Liverpool       £ 5000000       09-07-2003
Olivier Dacourt         Roma            £ 3500000       10-07-2003
Tom Newey               Leyton Orient   Free            26-07-2003
Nigel Martyn            Everton         Nominal         01-09-2003
Jacob Burns             Barnsley        Free            17-10-2003
Jody Morris             Rotherham       Free            13-03-2004
Paul Robinson           Tottenham       £ 1500000       17-05-2004
Alan Smith              Man Utd         £ 7000000       27-05-2004
Michael Bridges         Bolton          Free            10-06-2004
Jason Wilcox            Leicester       Free            01-07-2004
James Milner            Newcastle       £ 3600000       02-07-2004
Total: £ 20,600,000

Mark Humphries wrote:
How can we have only had a profit (on transfers) of £3.5 mil?  That season
(and previous close season) we sold Smith (£7m?), Viduka (£4.5m), Milner
(£4m?), Robinson (£5m?) and Lennon (£6m?).

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