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

Transfer news: Sunderland boss Gus Poyet still hopeful on Fabio Borini and other deals

Post comment

Sunderland manager Gus Poyet is not frustrated that the club's bid for Fabio Borini has still not gone through.

Manchester City: Manuel Pellegrini hints at making more summer signings

Post comment

Manchester City manager Manuel Pellegrini believes that the champions could make more moves in the transfer market.

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

Premier League: Brendan Rodgers insists Liverpool will move on without Luis Suarez

Liverpool manager Brendan Rodgers insists there is no bad blood between the club and the outgoing Luis Suarez.

Transfer news: Liverpool appear to be close to completing a deal for Loic Remy

Liverpool are closing in on the signing of Loic Remy with the French forward reportedly having his medical in Boston.

Manchester United still global giant and prepared to spend big insists Ed Woodward

Manchester United executive vice-chairman Ed Woodward says the club is prepared to break transfer records, if necessary.

Mail Box

Why The Obsession Over The Captaincy?

Asks the morning mailbox, before hastily returning to the debate over who should replace Steven Gerrard. Plus, thoughts on Ed Woodward's spending plans and more...

Anyone But Rooney. Or Baines. Or Hart.

There isn't a great deal of excitement in the Mailbox regarding England's potential new captain, but we have good stuff on Gerrard's development and a one club man team...

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