Rumor: Yank Billionaire to buy Leeds United

Discussion in 'Yanks Abroad' started by Kool Herc, Jul 12, 2010.

  1. prowazekii

    prowazekii Member

    Jun 21, 2008
    Nat'l Team:
    United States
    Wild, baseless speculation on my part, but Reinsdorf owns 2 Chicago sports franchises (White Sox and Bulls) and has been reported to be trying to purchase the Phoenix Coyotes. Perhaps he is branching out overseas.
     
  2. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    Hmm, yea, probably as good a guess as any - he is the preeminent Chicago-based sports owner after all...
     
  3. SeaOtter

    SeaOtter Member

    Nov 7, 2006
    Atlanta, GA
    Club:
    Fulham FC
    Nat'l Team:
    United States
    Uhhh, this may be a stupid question, but is the 50 million pound number accurate? Seems pretty cheap for a club that size.
     
  4. The Devil's Architect

    Feb 10, 2000
    The American Steppe
    Club:
    Chicago Fire
    Nat'l Team:
    United States
    14th best team in the Championship = Garage Sale material
     
  5. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    All speculation so far but thats what the rumors are.

    Leeds ownership is extremely convoluted, technically the club doesn't own Elland Road or the training facilities at Thorpe Arch, though both are suspected to be owned by Ken Bates under different offshore companies. How the legalities and ownership structure would affect the purchase price is anyone's guess, but I don't think 50m sounds too unreasonable.
     
  6. SeaOtter

    SeaOtter Member

    Nov 7, 2006
    Atlanta, GA
    Club:
    Fulham FC
    Nat'l Team:
    United States
    Still difficult to imagine them being sold for less than the price of one Neymar. It would seem that the merchandising potential for their fanbase alone would be worth that much.

    Well, now that I'm learning that they don't own Elland Road or their training facilities, I guess that marketing potential is about all they have. So maybe 50 mil isn't so bad. Having said that, I wouldn't personally buy the team without the stadium and training facilities.
     
  7. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    Club9 sports?
    http://www.club9sports.com/

    Rumored to be interested in buying Rangers and Sheff Weds before, maybe third times a charm? Yorkshire Evening Post have reached out to them and they have denied interest though.

    Other rumors suggest someone related to RR Donnelly and Sons.
     
  8. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    Football clubs don't really make money, Leeds have had to sell players to turn profits the past two years and thats with some of the highest ticket prices in England. Key thing with Leeds is that they're at leasst debt free (the post-admin company is anyways) so that makes them attractive.

    $80m seems like a fair price to me for a Championship club, especially considering the investment needed to return to the top flight.
     
  9. BimmerBenz95

    BimmerBenz95 Member+

    Feb 24, 2012
    Club:
    FC Barcelona
    Nat'l Team:
    United States
    I doubt its Reinsdorf I'm a big Sox and Bulls fan but to be honest he is cheap I highly doubt he will be buying any foreign team.
     
  10. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
  11. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
  12. Jgco

    Jgco Member

    Jul 14, 2011
    QPR in the Premier League and in London were sold for £50m last year.
     
  13. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
  14. SoccerKowboy

    SoccerKowboy BigSoccer Supporter

    Jul 13, 2007
    Virginia, USA
    Club:
    Tottenham Hotspur FC
    Nat'l Team:
    United States
    Good lord. Pray that it isn't Snyder.
     
  15. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    Could be worse, Maple Leaf Sports Entertainment are also linked :(
     
  16. TGE70

    TGE70 Member

    Dec 1, 2000
    Scituate, MA
    Club:
    Manchester United FC
    Nat'l Team:
    United States
    Could be Matt Hulsizer et al who have now made moves on both the Coyotes and Blues in NHL to no avail.
     
  17. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States
    http://www.yorkshirepost.co.uk/spor...ntinues-over-leeds-investment-talks-1-4600361
    http://www.yorkshireeveningpost.co....-us-bidders-in-pole-position-latest-1-4600795
     
  18. Kool Herc

    Kool Herc Member

    Oct 17, 2008
    Dallas
    Club:
    Leeds United AFC
    Nat'l Team:
    United States

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