Elland Road

Next Game

Leeds v Blackburn

Saturday, 04 April 2015, 15:00

Sky Bet Ch'ship

Bloomfield Road

Last Game

Blackpool 1 - 1 Leeds

Saturday, 21 March 2015, 15:00

Sky Bet Ch'ship

Elland Road future up in air

Leeds' Elland Road stadium could soon be back under the club's ownership for the first time since 2004, it is understood.

Last Updated: 18/12/13 at 15:46 Post Comment

Elland Road: Could soon be back under Leeds' ownership

Elland Road: Could soon be back under Leeds' ownership

The club's managing director David Haigh is heading a consortium hoping to conclude a deal to buy a controlling 75% stake in the club from current owners GFH Capital and a buy-back of Leeds' home ground for the last 94 years is high on their agenda.

Leeds negotiated a buy-back clause when they sold Elland Road for £8million to help ease massive debts in 2004 to Manchester businessman Jacob Adler.

But the cost to do so increases annually and currently stands at £15million.

Annual ground rent, which has also risen year-on-year, costs Leeds £1.4million.

GFH Capital took control of Leeds when they bought 100% of the club's shares from previous owner Ken Bates in December 2012.

But a new group of investors, led by Haigh and understood to include Enterprise Insurance managing director Andrew Flowers, are on the verge of completing a second takeover in a year and are keen to redevelop the stadium.

Related News

Most Commented

Readers' Comments

S

hould have stayed because we carried him for 6.5 years. And then he has a breakthrough season, and was gone soon after. MU fans, you would be as disgusted had C Ronaldo left in 2007 and not 2009.

godof86
Is Van Persie Slipping Sadly Into The Night?

G

ood grief. Someone guessed that the form English player at the moment might be in his national side with some other players? And that's espionage? Now if they discovered that Emile Heskey was going to be in the starting line up.... at right back.... THAT would be espionage. Give it a rest Roy.

RogerRedHat
Hodgson hits out at Kane leak

H

e may get away with if Liverpool can swap the video with one of Skrtel dancing or something, but if they review the one shown on TV he's screwed.

hump3.
Skrtel denies violent conduct

Footer 365

European Qualifiers round-up: Holland and Italy held to draws

Klaas-Jan Huntelaar's late header rescued a point for Holland against Turkey in European Qualifying, while Eder spared Italy's blushes in Bulgaria.

Israel 0-3 Wales: Gareth Bale's double sends Wales top of Group B

Gareth Bale scored two and set up another as Wales moved to the top of Group B with a 3-0 win over 10-man Israel in Haifa.

Raheem Sterling expects to be fit for Liverpool trip to Arsenal

Raheem Sterling expects to be fit for Liverpool's trip to Arsenal, despite pulling out of England's Turin date.

Mail Box

Where's The Love For Walcott?

Theo Walcott is wanted by neither Arsenal or Liverpool fans in the afternoon Mailbox. Also, some good points on the FA skewed priorities, and glorious geekery...

Ripe Robin Still Has A Role To Play...

There is some support for the aging Robin van Perise in a frankly threadbare Mailbox. Also, more debate over homegrown players, with a suggestion of an import tax...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company