Leeds' administrators KPMG have delayed their decision on who will take control at Elland Road.

KPMG had set a deadline of noon today for interested parties to show proof of funds following yesterday's 5pm deadline for the submitting of offers.

KPMG adminstrator Richard Fleming said: "We are continuing to evaluate the expressions of interest received and will make a further announcement in due course.

"We appreciate that there is a great deal of interest in the outcome and will take our decision in the best interests of creditors to ensure the best future for the club."

KPMG put the club up for sale on Friday night after chairman Ken Bates' buy-back deal was challenged in the High Court by the Inland Revenue, who are owed £7.7million in unpaid taxes.

Local property developer Simon Morris and London-based investment firm Redbus Group, headed by Simon Franks, have confirmed they submitted a joint bid, while Bates has also resubmitted his offer.

Former Hull owner Adam Pearson and multi-millionaire internet entrepreneur Pete Wilkinson were also understood to be considering launching a takeover bid.

Pearson, a director at Leeds until 2001, has neither confirmed nor denied the speculation.

Under the terms of Bates' initial offer to pay off Leeds' creditors at 1p for every pound owed, made at a stormy Company Voluntary Agreement (CVA) meeting on June 4th, the Inland Revenue were set to receive just £77,000 of their debt.

Bates increased his offer to 8p in the pound, but his last-ditch bid to head off the Inland Revenue's legal challenge proved in vain.

The High Court postponed a decision on the Inland Revenue's appeal until September 3rd last Friday, but with the new season due to kick off in five weeks KPMG opted to put the club back on the market.

Bates had placed the club in administration on May 4th when it was revealed the club had debts of £35 million.