Gerald Maurice Krasner FCA, FABCA (born 1949) was a partner in Bartfields, a corporate recovery firm based in the United Kingdom.
Krasner's reign witnessed the relegation of Leeds United from the English Premier League when a 3-3 draw against Charlton Athletic wasn't enough to beat the drop to Division One.
[1] Popular choice and Leeds legend Eddie Gray failed to rejuvenate the club after he was called in to a caretaker manager role, replacing the sacked Peter Reid midway through a torrid 2003/2004 season.
Chelsea had reportedly been carrying similar levels of debt to Leeds before Abramovich transformed the west London team into a strong force in English football.
But from a financial perspective, Gerald Krasner and his consortium were successful in their aim when they launched their takeover, which was to save the club from the very real possibility of extinction.
[2] Krasner was appointed alongside two Begbies Traynor colleagues (Paul Stanley and Dean Watson) to act as administrator of Wigan Athletic in July 2020.