Leeds United face stiff competition from a clutch of clubs for any cash injection over the summer.

Leeds were all but relegated to Coca-Cola League One on Saturday and chief executive Shaun Harvey has urged would-be investors to contact the club and prove they have the funds in place to help them bounce back to the Championship.

Hull's 1-0 win at Cardiff, combined with Leeds' 1-1 draw with Ipswich, leaves Leeds three points adrift of Hull and with a goal difference deficit of nine going into Sunday's final round of matches.

But Leeds are by no means the only Championship club seeking fresh financial backing.

Hull chairman Adam Pearson explained: "A lot of these would-be investors are talking to the same football clubs. There's around half-a-dozen to ten clubs in the Championship having the same discussions that I'm having."

Speculation is gathering over Leeds' future with some reports claiming the club could go into administration within seven days.

Leeds responded with a statement issued by Harvey which read: "It is important that we take time to reflect on all the factors that have seen us relegated, barring a miracle.

"We need to make considered and structured decisions both on and off the field over the forthcoming weeks to position ourselves to use next season as a springboard to go forward from.

"Speculation is currently rife both at Leeds United and football in general, but our message remains consistent in so much as anyone interested in becoming financially involved should contact us with full details of who they are and proof of funds to show they are able to assist.

"There is no point in looking back as we cannot change the past.

"What we need to do is positively affect the future to get this great club back to where it should be."

Leeds chairman Ken Bates leapt to the defence of manager Dennis Wise revealing he had "real problems in the dressing-room" when he took over from Kevin Blackwell in October and claiming that "the playing side was in complete disarray."

Wise refused to shift the blame for taking Leeds down.

He said: "I took them on for five months and unfortunately I haven't done what I intended to do. But this makes you a stronger person.

"It's a fantastic football club, it really is, the fans, the whole place. These things sometimes happen and it's happened, so now there needs to be a lot of changes - an awful lot of changes.