Leeds set to confirm takeover

Leeds are expected to confirm the club's £52million takeover by Bahrain investment bank GFH Capital on Friday morning.

Last Updated: 21/12/12 at 08:16 Post Comment

Latest Articles

Luton sign former MK Dons winger Danny Green

Post comment

Luton have made their ninth summer signing following the arrival of winger Danny Green.

Notts County sign Togo defender Mawouna Amevor

Post comment

Notts County have signed Togo international Mawouna Amevor on a two-year deal.

All Articles

Leeds: Takeover set to be confirmed

Leeds: Takeover set to be confirmed

Leeds are expected to confirm the club's £52million takeover by Bahrain investment bank GFH Capital on Friday morning at a press conference at Elland Road.

The West Yorkshire club announced at the end of last month that GFH Capital's 100 per cent takeover would be completed on December 21, with current owner Ken Bates to stay on as chairman until the end of the season during a transitional period.

GFH Capital deputy chief executive David Haigh, who became a director at Elland Road on November 21, is expected to be joined on the board by three more of the Middle East consortium's representatives.

A new club chairman will be appointed by the new owners at the end of the season when Bates will become club president.

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.


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


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.

Footer 365

Sergio Ramos has refused to discuss interest from Manchester United

Real Madrid defender Sergio Ramos has raised further question marks over his future after a coy response concerning interest from Manchester United.

Van Persie 'agrees Fenerbahce terms'

Manchester United striker Robin van Persie is close to joining Fenerbahce after reportedly agreeing terms with the Turkish club.

Roma keen to sign Man City striker Edin Dzeko but admit a transfer is not close

Roma have confirmed their interest in signing Manchester City striker Edin Dzeko this summer - but admit a deal is some distance from being agreed.

Mail Box

Has Everyone Forgotten About Khedira?

Sami Khedira is one of the signings of the summer and yet he's flown completely under the radar. Plus Dommy S's views of women's football get a right old shoeing...

Women's Success Won't Alter Viewing Habits

The Women's World Cup hasn't inspired everyone. Also in the Mailbox: a plastic's guide to Brazil, Nani regrets, tears over Henry, and The Beach Boys...

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