Reports have suggested that the figure is £10m, but when asked, Bates refused to confirm that sum. He said: "The figure of £10 million is talked about because that is what I set out to put into Sheffield Wednesday."
The figure invested is important because one big problem for Leeds fans in the past year has been the lack of transparency, particular in relation to the activities of Gerald Krasner and his board, who have just been displaced by Bates.