Leeds owners reject takeover bid

Leeds owners GFH Capital have confirmed they have turned down a bid by an undisclosed party to buy a controlling stake in the club.

Last Updated: 10/02/13 at 21:53 Post Comment   

Leeds United: Takeover bid rejected

Leeds United: Takeover bid rejected

It has been reported that a Yorkshire-based consortium made an offer for a 51 per cent share of the npower Championship side with a view to securing a phased buy-out.

The identities of the consortium members have not been disclosed.

"We are aware of growing speculation regarding new investment at Leeds United," GFH Capital said in a statement on Leeds' official website. "As can be expected with a club as fantastic as Leeds United, since our acquisition we have received several offers to invest in the club alongside us.

"The most recent offer was for a majority stake and has not been accepted.

"Although we continue to seek strategic investors, we will only bring on board those who we feel can make a positive contribution to the sustainable success of Leeds United."

GFH Capital, a Dubai-based investment bank, completed their takeover of Leeds from Ken Bates in December.

Former Hull chairman Adam Pearson indicated earlier this week that he would like to return to football and gave Leeds as an example of a club he would be interested in.

Pearson, the current owner of rugby league side Hull FC, was the commercial director of Leeds for six years before he left the position in 2001.

However, it is not known if he is part of the consortium involved in this latest offer.

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

S

wap deal with ITV. Can't wait to see Stuart Pearce and Roy Keane giving each other the evils.

rambo
Southgate tipped for U-21 job

J

oe has signed John Scales instead.

rambo
Newcastle pull Douglas deal

D

oes the medical involve some sort of dressage event?

shabtastic
Carroll set for Hammers medical

Footer 365

Transfer news: Feyenoord say Lex Immers will stay following links to Cardiff City

Feyenoord have moved to dismiss reports that midfielder Lex Immers could be on his way to Cardiff City.

Ligue 1: Fabio Capello links to PSG job played down by Russian Football Union

The Russian Football Union (RFU) have stressed Fabio Capello remains under contract after being linked to PSG.

Protesters hopeful over prices

A group of fans believe they have made positive progress in their campaign for lower Premier League ticket prices following a London protest.

Mail Box

'Bye Sunderland' & More Fixtures Reaction

The afternoon mailbox has plenty more views on the fixture list. Plus, a sublime piece of skill from Emile Heskey, more cool 'ballers and dull football matches...

One Guy's Genuinely Irked About Fixtures

A Gooner in the Mailbox seems to genuinely think that the world/fixture computer is against his team. Sigh. That, plus more cool footballers & Mike Ashley: Supervillain...

© 2013 British Sky Broadcasting Ltd. All Rights Reserved