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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

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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I

m only commenting on this (I don't care about Liverpool) because F365's twitter said I had call Matt Stanger a tw*t (which I don't agree with anyway) but I just wanted to be the first. Am I the first?

tk421
Trial And Error Rather Than Transition

S

unday, Sunday. Will there be a fan of either team, who if they are winning after 80 mins, won't still be nervous? This could be anything from 0-0 to 5-5, and no one would bat an eye.

megabrow (cufc)
A Season Of Continuous False Dawns

T

his year I am getting F365 a whack-a-mole game but with Brendan instead of the mole (Like the one with JD on Scrubs) and every time he pops up he says something. Outstanding Whack!, Character Whack!, Magnificent Whack!, Wonderful Composure Whack, Whack f**king Whack. Hours of fun.

hump3.
Trial And Error Rather Than Transition

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