Mark Lawn will demand to know why the Football League have "changed their rules" on administration if Leeds get their points back.
Leeds will find out by May 1 whether they will claw back any or all of the 15-point penalty imposed after the club broke league rules by coming out of administration without a Company Voluntary Arrange-ment (CVA).
Lawn believes the verdict from the four-day arbitration hearing, which finishes on Monday, could open a "can of worms" within football just as much as the Carlos Tevez affair.
The City joint-chairman said: "The ruling will be very interesting and it's something we may have to look at because we were one of the clubs forced to go through a CVA.
"That forced us to take on debts that we wouldn't have had to have done otherwise.
"In plain terms, a CVA means you pay out more money to your creditors than if you don't go through one. It's as simple as that.
"We wouldn't have had to take on buildings that have got large debts if we didn't go through a CVA. The league forced us, not just for now but for 25 years in the future.
"So if the verdict does go in Leeds' favour, I'd have to turn round and ask the League why they've suddenly decided to change the rules."
Lawn insists his beef is not against Leeds but the possibility that the League may "move the goalposts" to strike a compromise.
"I think 15 points was over the top but the League did that themselves," he added.
"I've no particular view one way or the other whether Leeds get any points back. I just want a straight line drawn so that clubs know exactly where they stand."
The Leeds ruling could impact on the League One promotion race. But there are likely to be wider implications as clubs currently in administration watch to see if they can follow suit and avoid a CVA deal.
Lawn said: "It's opened a real can of worms. I think the authorities make knee-jerk decisions when they should have thought about it first.
"But forcing teams to go through a CVA wasn't the right thing in the first place. I don't think that should have happened to Bradford.
"We should have been treated like any other business in their own right and turned round and allowed to trade and carry on.
"Businesses do this every year. They stop trading and then they start again - it's a tactic.
"But to then put other facilities in with a CVA just makes a rod for the league's back.
"I don't think going into administration on purpose - and there's a term called pre-pack that's known throughout the business world - is the right way to do things.
"I wouldn't advocate it and it's not something I would want to do because ethically it's wrong. But sometimes you have to do that in business to survive."
- Lawn, Stuart McCall and director of operations David Baldwin will be at a fans' forum at Valley Parade on Tuesday, April 29.
- Start or join a debate on this issue in our online forum - Click here
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article