Random question: How did Leeds United get to League 1 when they were in the EPL like 5years ago?

Scroll down to the 2001-2004 part of there history to read why, but basically Leeds were in Champions league they took loans that were planned to be paid off by the revenues that would be coming from champions league play in the future seasons... then they fail to qualify for the champions league and so do not have enough revenue to cover loan payments, so they start selling every single player they can, which leads to the quality to play to go down and they end up getting relegated, and then getting even less revenue being out of the prem they fall into administration (bankruptcy) and get point deductions and fall down another level to league 1. Have not since won promotion.