Leeds put up for sale again

Leeds United are up for sale again after owners Gulf Finance House (GFH) confirmed they are looking to offload the club.

Last Updated: 20/03/13 at 16:13 Post Comment

Leeds United: Up for sale again

Leeds United: Up for sale again

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

GFH only bought United on 21 December but in the company's statements for the year ending 31 December 2012, they have revealed an 'active plan' to sell their stake in LUFC Holdings Limited.

Bahrain-based GFH also described the acquisition of Leeds as a 'bargain purchase'.

"The Group has an active plan to sell its stake in LUFC Holdings Limited, and accordingly, the asset and liabilities acquired were classified as held-for-sale and presented in the consolidated statement of financial position," GFH stated in the company's accounts for 2012.

"Subsequent to the year end, the Group has commenced negotiations relating to the sale of its stake in LUFC Holdings Limited."

Businessman Steve Parkin has been linked with a fresh attempt to buy the club by local media after he failed in his previous attempt.

To add to the sense of uncertainty around Elland Road, Leeds manager Neil Warnock has indicated he will leave at the end of the season if they do not make the play-offs.

United are seven points adrift of the play-off places with eight games to go in the regular season.

Bet £10 Get £30

Daily Offers And Promotions. Join Now & Bet £10 and Get a £30 Free Bet

Related News

Most Commented

Readers' Comments

Y

es, these stats are right. Rio Ferdinand definitely had a better debut than Fernando.

that man
Top Ten Debutants From Opening Weekend...

I

know it's only one game, and Arsenal have got an amazing midfield as is; but seriously, is Arsene Wenger the only person on Earth who doesn't want Cesc at their club?

Ezy_Rider
Top Ten Debutants From Opening Weekend...

P

S - 'Squeezes [English] out of his mouth like it's an elastic band he's found in his lamb bhuna' - bravo. Marvellous stuff

Ezy_Rider
Football Managers On TV: Paul Lambert

Footer 365

Arsenal manager Arsene Wenger has backed under-fire Jack Wilshere

Arsenal manager Arsene Wenger has backed midfielder Jack Wilshere to prove the doubters wrong.

Premier League: Aaron Ramsey says Arsenal can cope with physical challenge of title rivals

Aaron Ramsey is confident Arsenal will meet the physical challenge presented by rivals Manchester City and Chelsea.

Women's Football: England beat Wales 4-0 to make World Cup

England's women secured their place in the 2015 World Cup courtesy of an emphatic 4-0 victory over Wales in Cardiff.

Mail Box

Man United Fans Clutching At Straws

While the focus is on Liverpool's move for Mario Balotelli, one Man United fan tries to convince the mailbox with nine reasons why Angel Di Maria would prefer them to PSG...

Rojo Is A Better Signing Than Hummels

There's some big talk in the morning mailbox, which claims that Man United were right to sign Marcos Rojo instead of Mats Hummels. Plus, one Gooner's happy Arteta's out...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property