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

2 years free Sky Broadband Unlimited for Sky Sports customers

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

2 years free Sky Broadband Unlimited for Sky Sports customers

Related News

Most Commented

Readers' Comments

B

alotelli would've scored if the goals height was 3 times higher too...

footyfan52
Rodgers defends Balotelli

A

s if storey would ever get invited on a stag do

dooby
Does Wenger Know He's To Blame?

I

disagree. We sit here in our ivory towers looking down our noses at people we perceive tio be thick, but if Harry Redknapp and Tim Sherwood can do it, frankly, anyone can.........

HarryBoulton
Roy: Rooney can become manager

Footer 365

Government reveal plans aimed at making it easier for fans to run football clubs

The Government has revealed plans to establish a group of experts aimed at making it easier for fans to run football clubs.

Louis van Gaal felt individual errors spoiled a good display from Manchester United in draw at West Brom

Louis van Gaal felt that Manchester United produced their 'best match of the season', despite the 2-2 draw at West Brom.

Premier League: QPR forward Adel Taarabt criticises Harry Redknapp over claims he is unfit

QPR forward Adel Taarabt has hit back at manager Harry Redknapp over claims that he is overweight and unfit to play.

Mail Box

Reimbursing Fans? How Patronising...

It's something of a return to form for the mailbox with mails on Southampton (Liverpool fans are cynical), the gorgeous Graziano Pelle, Arsenal, Spurs and more...

Let's Face It, Liverpool Were Utter Dross

It's a reactive Monday morning Mailbox. Liverpool fans are getting pretty sodding worried, whilst we have the latest on the Southampton CRISIS. Plus, well done Michael Oliver...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property