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Leeds takeover deal close

Leeds have confirmed the identity of the men behind the consortium buying the Sky Bet Championship club and revealed the takeover is close to completion.

Last Updated: 08/01/14 at 09:53 Post Comment

Brian McDermott: Leeds boss will get funds to stengthen his squad

Brian McDermott: Leeds boss will get funds to stengthen his squad

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Sport Capital is on the verge of acquiring a minimum 75 per cent stakeholding and counts among its number Andrew Flowers, the managing director of the club's main sponsor Enterprise Insurance and a lifelong Leeds fan.

Current managing director David Haigh is also part of the group.

Haigh promised funds for manager Brian McDermott to strengthen his squad and in a statement on the Leeds website said: "Completion is something we have been working very hard to achieve. We're now past the holiday periods of Christmas and New Year and we're looking forward to completing shortly.

"We are working closely with the Football League regarding the necessary documentation, and we will do our best to keep fans fully informed. I'd like to take this opportunity to thank the fans for their continued support."

Flowers said: "I'm delighted to confirm that I am part of the consortium that will be acquiring the major shareholding in the club.

"As a lifelong Leeds United fan and as a businessman, I can assure other fans, that while the process is being finalised, we have been working hard to ensure that our due diligence was completed as quickly as possible and that there are funds in place ahead of completion to support the manager during the opening weeks of the January transfer window."

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ell that really inspires me with confidence. No point in training, deciding on a coherent formation, or playing players in their best positions, let's just hope we get lucky.

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believe this is because for sepp Christmas is a 7 day feast finishing on the 25th

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alcao really needs to shine now. Apparently according to the stats, he scores more when played up front alone. I wonder if Van Gaal will actually apply a formation to get the best out of him though.

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