Leeds owners reject takeover bid

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

Last Updated: 11/02/13 at 07:55 Post Comment

Leeds: Takeover bid rejected

Leeds: Takeover bid rejected

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

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.


Click here for completely free £10 bet with Sky Bet & £5 free every week


Related News

Most Commented

Readers' Comments

T

heyremind me of Utd's treble winning side. Swashbuckling and risk prone. We ha Jaap Stam to paper over the cracks at the back though. Not sure they have their Jaap yet.

HarryBoulton
New Striker Not Liverpool's Priority...

A

lexis Sanchez; too good for Liverpool, Stevie. :)

pires
Suarez 'too good for Arsenal'

T

he solution is to not feel sorry for any of Jabba, Gold or Sullivan. They're all deeply unpleasant and all deserve each other. If only West Ham would sign Barton and Suarez then no one would ever need to despise any other club.

spuzzell
The Strange Idea Of Sympathy For Big Sam

Footer 365

Patrice Evra reveals he would have been Man Utd captain if he had stayed

Patrice Evra has revealed he would have been made captain if he had stayed at Manchester United.

Transfer news: Liverpool manager Brendan Rodgers targets further signings

Liverpool boss Brendan Rodgers is hoping to further strengthen his squad ahead of the transfer deadline on September 1.

Transfer news: Jose Mourinho confirms Fernando Torres will stay at Chelsea

Chelsea manager Jose Mourinho has told Sky Sports News Fernando Torres will not be sold during this transfer window.

Mail Box

Plenty Of Reasons Why Lukaku's Worth It

The mailbox defends Everton's enormous outlay on Romelu Lukaku, while we also have mails on Spurs and Suarez. Oh, and worrying about the new magic spray...

Sterling Stuff And Other Friendly Thoughts

We have one reader reaching conclusions from last night's friendly while we have others discussing Romelu Lukaku's move to Everton. Oh and some swearing...

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