Leeds United chairman Ken Bates has blasted some sections of fans for potentially ruining the chance of possible investors coming in.

Bates has revealed that the Whites actually spent more than they wanted to on new players and wages this season and has admitted that things will change going forward following the dismissal of manager Simon Grayson.

"Leeds United will be making serious changes to their approach to their playing staff next season as I have said repeatedly," Bates told Yorkshire Radio.

"Our budget this year was £9.5m and our wage bill was actually £12m because we backed Simon Grayson in his judgment which frankly has proved not to be the best.

"When fans chant 'where's all the money gone' then obviously £2.5m has gone on wages for a start. Where do they think the money has come from? Do they think it grows on trees?

"These people prancing up and down waving their banners have got no positive solution to what they perceive as a problem. If anything they add to it by deterring potential investors.

"But even then they're not going to just come in to subsidise wages. We're trying to raise £15m to buy the ground; at Chelsea it took 10 years to raise £1.5m."

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