It is hoped that the unique debenture deal, which will be limited to 2,000 tickets, will raise vital funds for the club.
Season ticket holders will be able to renew their existing seat at Elland Road for the next 20 years but only pay for 10 seasons.
A long-standing Revie Stand ticket holder would pay just £3,730 for the privilege of a guaranteed seat for the next 20 years.
New applicants can obtain a ticket on the Kop for £4,080. The new board are hoping the buy 10 get 10 free offer will raise in excess of £10m.