Leeds owners dispel sale talk

Leeds United's owners have moved to quash reports that they are ready to offload the Championship club.

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

Elland Road: Investment sought

Elland Road: Investment sought

Gulf Finance House completed their protracted takeover of the Elland Road outfit on 21 December 2012 but the company's statements revealed an 'active plan' to sell a stake in LUFC Holdings Limited.

However, the Bahrain-based investment company has moved to clarify the statement, saying it was only selling part of its share in the club to raise investment.

A statement on the club's website read: "In March 2013, Gulf Finance House (GFH), parent company of Leeds United FC owner GFH Capital, published its financial audited report that stated it was looking to sell its stake in the club.

"To clarify and as previously stated, GFH Capital is looking for investment in part of its share in the club, not its entirety.

"GFH Capital has been transparent since acquiring Leeds United and is continuing to look for strategic investors in part of the club that can invest in Leeds United, alongside GFH Capital, to ensure a long term, sustainable future.

"Since GFH Capital took ownership of Leeds United, it has fulfilled its promise of investing in the club, with around £10m having already been injected into the club; to strengthen the squad and for other working capital purposes.

"Additional financial support will continue to be provided as required."

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

m starting to think Roman may never actually be happy at the top level. If he wants all conquering fancy football I wonder if he'd be better off buying a lower division side then paying outlandish salaries to attract high caliber players too good for the division.

john matrix
The Most Unsatisfying European Victory...

R

afa has to be favourite for the Everton job now, surely :) He'll realise his ambition to live and work on Merseyside again, get the best out of whoever plays for them, maybe win some cups and be thoroughly loathed by the toffee fans. What's not to like? Go ead, Ken, gimajob!

captbusby
Benitez basks in final glory

T

hat is arguably the least inspiring England I have ever seen. There is not a single name in that list that makes me think I might actually want to watch this team. Not a one.

harry hotspur
Carroll back in England squad

Footer 365

Championship: Brighton launch dressing-room probe

Brighton have launched an investigation after excrement was found on the floor of the Crystal Palace dressing room.

Premier League: Stoke manager Tony Pulis says he is staying at Britannia

Tony Pulis has reiterated that he does not see himself leaving Stoke City this summer.

Allardyce keen to keep Carroll

Sam Allardyce has confirmed West Ham are keen to retain the services of on-loan striker Andy Carroll and is hopeful a deal can be finalised.

Mail Box

James Collins Is Only 29. Tough Paper Round

He is one of a number of solid shouts for players that look old before their time. We also have the final words on lovely D-Beck and a rejection of end of season playoffs...

Without Posh, Becks Could Have Been Scholes

That's one opinion, but others give their thanks to the man. We also have ideas for a relegation playoff, happy memories of the season and a defence of Liverpool's campaign...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved