Leeds to confirm takeover

Leeds have announced a press conference for Friday morning where they will confirm the club's £52m takeover by GFH Capital.

Last Updated: 21/12/12 at 12:19 Post Comment

Elland Road: Will be under new ownership by Christmas

Elland Road: Will be under new ownership by Christmas

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

The Yorkshire club announced at the end of last month that the Bahrain investment bank's 100% takeover would be completed on 21st December.

Current owner Ken Bates will stay on as chairman until the end of the current season during a transitional period before being appointed club president.

GFH Capital deputy chief executive David Haigh, who became a director at Elland Road on 21st November, will be joined on the board by Salem Patel and Hisham Alrayes of the Middle East consortium.

GFH Capital, who first entered into talks with Leeds in May, have already transferred money into the club and will be making further funds available to manager Neil Warnock, who will have the new owners' full support.

Ahead of the 11.30am press conference, Haigh told the club's official website: "We are delighted, but also honoured and proud to be the new owners of Leeds United Football Club.

"We have had over 4,000 e-mails of support from fans and we have been overwhelmed by the reaction.

"Everyone we have spoken to in the city has been fantastic, and the atmosphere on Wednesday night was incredible, and we look forward to bringing more of the same to Elland Road."

Patel said: "We're looking forward to a bright future. This is a fresh start for the football club, and we welcome fans both old and new to Elland Road."

Don't miss any live and exclusive football coverage this festive season. Click here to visit Sky Sports' Festive Calendar

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

I

still can't see the Phil Jones thing that some people go on about. Whenever I watch him play it's a repeat of headless chicken meets a gurning Bambi on ice for 90 minutes.

diabolicaldiaby
F365's Top Ten Defenders Of The Season

P

robably the first list I've come across in a long time where I agree with a large majority of what was written. Can't agree with everything though, Zaba has had an awful season by his standards, I'd put Monreal (a player who I've never rated) up there, gotta give credit where it's due, he's really stepped up his game.

scroteymcbooger
F365's Top Ten Defenders Of The Season

S

ome top analysis here..... UNITED WOULD BE TOP IF IT WEREN'T FOR ALL THEM GAMES THEY LOST

benvo81
United Progress Stifled By Bottom-Half Record

Footer 365

Barcelona 3-0 Bayern Munich: Lionel Messi double puts Barca in control

Two goals from Lionel Messi helped Barcelona beat Bayern Munich 3-0 in the first leg of the Champions League semi-final.

Graham Taylor rejects claims he was asked to cap number of black players in England side

Graham Taylor has denied claims that the Football Association tried to cap the number of black players when he was in charge of the England team.

Spanish football could be shut down from May 16 over TV rights argument

La Liga faces being shut down from May 16 over an argument between Spain's football federation and the Government.

Mail Box

Coutinho Better Than Cazorla And Cesc...

Philippe Coutinho has outperformed Santi Cazorla AND Cesc Fabregas, while Arsenal need no new signings. We also have mails on Olivier Giroud and shopping lists...

Giroud Is More Than Good Enough...

Olivier Giroud and Theo Walcott are integral to Arsenal's title hopes next season. There's also more on handballs, Juventus, and Ronaldo holding Bale back...

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