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

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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.

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ndros f***ing Townsend, really Roy? ...was also by first thought. Followed closely by where have all the defenders gone? , and Jesus, that midfield looks weak .

al4monkey
England call-up for Clyne

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he 'where does it end' argument is an absurd one and completely misses the point of the Rooney Rule, which applies to all minorities. It doesn't force any team to appoint anyone, it merely requires them to interview at least one minority candidate.

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No Good Reason Not To Try The Rooney Rule

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ou make a lot of good points, but I still find myself instinctively against anything that makes it easier for Paul Ince to get managerial roles

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No Good Reason Not To Try The Rooney Rule

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