Leeds owners dispel sale talk

Leeds United's owners have moved to quash reports that they are ready to offload the Championship club.

Last Updated: 20/03/13 at 16:13 Post Comment

Elland Road: Investment sought

Elland Road: Investment sought

More of the games that matter

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

Gulf Finance House completed their protracted takeover of the Elland Road outfit on 21 December 2012 but the company's statements revealed an 'active plan' to sell a stake in LUFC Holdings Limited.

However, the Bahrain-based investment company has moved to clarify the statement, saying it was only selling part of its share in the club to raise investment.

A statement on the club's website read: "In March 2013, Gulf Finance House (GFH), parent company of Leeds United FC owner GFH Capital, published its financial audited report that stated it was looking to sell its stake in the club.

"To clarify and as previously stated, GFH Capital is looking for investment in part of its share in the club, not its entirety.

"GFH Capital has been transparent since acquiring Leeds United and is continuing to look for strategic investors in part of the club that can invest in Leeds United, alongside GFH Capital, to ensure a long term, sustainable future.

"Since GFH Capital took ownership of Leeds United, it has fulfilled its promise of investing in the club, with around £10m having already been injected into the club; to strengthen the squad and for other working capital purposes.

"Additional financial support will continue to be provided as required."

More of the games that matter

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

Related News

Most Commented

Readers' Comments

C

onfirmed. Nick Miller is a douche bag. Lazy, incoherent rant is what this article should be titled. And for the editor to have the temerity to pass this as acceptable writing is shocking. Ah well, anything for clicks right? You got mine. Well done. Your mother must be proud.

poolshortsdown
Gerrard Constantly Searching For That Final Hurrah

T

his Martinez guy is mental. He'll get us relegated. I said that when they appointed him. Sack him now, Bill!

nilsatisnisi
'No need to replace Eto'o'

I

f we sign Gignac, we might as well immediately send him onward to Crystal Palace.

dr soccer
Who Are The Best Summer Freebies?

Footer 365

Premier League: Arsene Wenger convinced new signing Gabriel will be a hit at Arsenal

Arsene Wenger says new signing Gabriel ticks all the boxes when it comes to coping with the demands of English football.

Premier League: Chelsea agree Cuadrado deal and may play him against Manchester City

Sky sources report Chelsea have agreed a deal for Juan Cuadrado and may play him on Saturday against Manchester City.

Chelsea striker Diego Costa will discover later on Friday whether he must serve a suspension for violent conduct

Chelsea striker Diego Costa will discover later today whether he must serve a suspension for violent conduct.

Mail Box

Red Mist Better Than Calculated Costa?

Hmmm. We're not sure about this argument - one Mailbox says Luis Suarez is easier to forgive because he is a little loco. We also have mails on Studge and more...

It's A Massive, Big, Brilliant Mailbox

And we left lots of Suarez/Costa mails unopened. What we do have is a video of some rotten Suarez tackles and views on the future of football, Spurs, Liverpool and...

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