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

Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

Footer 365

Andre Pirlo backs Liverpool's Mario Balotelli to prove his potential

Andrea Pirlo thinks Mario Balotelli can still be one of the "top forwards in Europe" despite his struggles at Liverpool.

West Brom reject approach from Aston Villa for Joleon Lescott

West Brom have rejected an approach from Aston Villa for central defender Joleon Lescott, according to reports.

Theo Walcott and Santi Cazorla sign new deals with Arsenal

Theo Walcott and Santi Cazorla have signed new contracts at Arsenal.

Mail Box

Neville Has It Wrong On Chelsea...

One Mailboxer says that the Neviller has it slightly wrong on Chelsea. Plus thoughts on sexy Saints, pre-season reviews, Connor Wickham and televised analysis...

De Gea Disrespectful? Remember RVP...

We got dozens of mails from people pointing and laughing at Brian D for suggesting David de Gea has acted disrespectfully; we printed some. And there's more...

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