Speculation continued as to Bakke's future when he was left out of the Leeds United squad for the match against Sheffield Wednesday on 27 August 2006 with some in the press and supporters speculating that this was due to an imminent transfer. A club statement was released on 29 August 2006 by Leeds United effectively stating that Bakke had played his last game in Leeds United colours. Bakke however stated he would like to stay at the club, and still trained with the club, despite not playing, not wanting to return to playing in Norway at that point in time. The problem arose due to his £23,000 a week wages and £4,000 appearance fees, which were originally agreed during Ridsdale's ""Living The Dream"" era, but which the club could no longer afford to pay in the league they were currently playing in. Leeds United tried to resolve the issue by attempting to meet Bakke half way so that the player could stay at the club on lesser wages but Bakke's agent stated he wanted the contractually agreed wage. The situation did not look good for Bakke, with Leeds chairman Ken Bates having already terminated Seth Johnson's contract due to excessive wages as part of a determined effort to make Leeds a successful and profitable club once more. Bakke left, being the third last 'O'Leary player' left at Leeds.