Is he going?
Although the official site is now reporting an official approach has been rejected which could mean Blackpool are holding out for more compensation.
At the moment Grayson is still officially Blackpool manager, even signing autographs at todays signing session at the club shop but betting has been suspended on him joining Leeds United and Ken Bates is said to be "determined" to make an appointment before Tuesday.
Leeds have money to spend in January and it's crucial they appoint Larry before the transfer window opens if they are going to push on for the promotion in the second half of the season.
There's a lot of mixed reports at the moment so it will be interesting to see what happens.
As always stay tuned for more.
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