Leeds takeover talks extended

The company hoping to buy Leeds United has been granted an extension to the exclusivity period as they bid to complete the deal.

Last Updated: 16/11/12 at 13:09 Post Comment

Ken Bates: Continuing talks over possible takeover

Ken Bates: Continuing talks over possible takeover

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GFH Capital, the Bahrain-based investment bank, has been in talks with Leeds chairman Ken Bates for several weeks, and the two parties now have additional time to finalise a deal.

David Haigh, deputy chief executive officer at GFH Capital, said in a statement: "The fact that we are in such advanced talks means this extended exclusivity window is merely to ensure we can get past the final post without distraction.

"We have come so far and are looking forward to what we hope will be a positive statement about change in ownership of Leeds United shortly."

In April last year Bates announced he had bought a controlling 72.85 per cent stake of the club's shares from a Geneva-based company, Forward Sports Fund.

The club have made pre-tax profits of more than £10m since the summer of 2007.

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W

e could release Diaby and then re-sign him when nobody else does and he would literally be like a new signing.

john matrix
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e pay the living wage, living wage, living wage, and that's the way we like it, we like it, we like it!!! Wooo ohhhh ooooohh

hump3.
All Premier League Clubs Should Be Paying Living Wage

P

laying badly and winning is the mark of champions, they say - but surely that's only true if you *occasionally* play badly and still manage to win on those occasions, while actually looking like champions the rest of the time? I've no idea what United's current performance level is the mark of

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