They then spent 16 years wallowing in the Championship and even League One, where they would be forced to scrape the bottom of the barrel due to their financial constraints.
Whilst there were a few blunders during this period too, they largely made some smart signings which helped to elevate them to a position where Marcelo Bielsa could lead them back to the Premier League.
One such signing who came and went before the legendary Argentine took over was Robert Snodgrass, who the Whites poached as a youngster from Livingston. It was reported that they only had to unload the £35k compensation fee to get him to join.
Whilst it was likely an underpayment, Leeds’ manager at the time Neil Warnock still recorded an astronomical profit of 7,042% on the Scot.
Snodgrass might have been sold on for more in the future, but the only saving grace is that he never again reached the levels he had done for the Whites. The closest he would come to replicating his tally at Leeds after leaving was with the Canaries and Hull City, scoring 14 goals for both clubs.
Although other clubs might have sold the winger on for higher fees than what Leeds first did, it was the Whites who earned the best profit margin from the initial price that they paid and also got the most out of him on the pitch.
They got it right with this deal.