GFH assauge fears of fans

David Haigh has reassured Leeds United fans as to the intentions of new owners GFH Capital.

Last Updated: 21/12/12 at 14:14 Post Comment

Leeds: Supporters are wary of accepting new club owners GFH

Leeds: Supporters are wary of accepting new club owners GFH

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Many fans have voiced their concerns as to the nature of the Dubai-based bank's investment after their £52m buyout of current owner Ken Bates.

The takeover has taken seven months to come to fruition and almost stalled earlier this month when GFH missed a scheduled payment to the club.

But Haigh, deputy CEO of GFH, said: "We've bought this club with cash. We are a Dubai based regulated bank, owned by a Dubai-based regulated bank that is solicited on four stock exchanges including London.

"So when it comes to transparency as to where the money is coming from, who are our shareholders and investors, it is very clear."

Haigh insists the club has listened to concerns throughout the takeover process and cited the 4,500 emails of support he has received from fans in recent weeks as evidence that their intentions are in line with the supporters' needs.

He said: "It's not just always about money; it's about re-engaging the community, re-engaging the fans.

"That's one of the things that attracted us to Leeds; the fan base is fantastic, not just in Leeds but around the world, in Norway, in Bahrain, in Dubai, there are supporters groups everywhere and that's what makes it so special."

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ice work John.. have to agree with everything. Never measure your wealth in money.

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