Leeds United were under increasing pressure to deliver on the prospect of investment today and ease the frustration of manager Neil Warnock.
Leeds United ('The Club') announces that the exclusivity period granted to a potential investor as mentioned in the statement of 26 June has ended.
To early to dream yet? Gulf Finance House, the investment bank based in Bahrain, has confirmed that its private equity arm, GFH Capital Limited, is leading the proposed takeover of Leeds United. In a statement released to the Bahraini Stock Exchange, Gulf Finance House said GFH Capital Limited - its Dubai-based subsidiary - had “signed an exclusive agreement to lead and arrange the acquisition of Leeds City Holdings, the parent company of LUFC.”
Leeds United were consumed by chaos last night after new owner Massimo Cellino began his reign at Elland Road by ruthlessly sacking Brian McDermott and losing two major club sponsors.
Fresh Takeover Bid It seems two rivals have joined forces to prevent Cellino from buying Leeds United.