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

Steven Caulker set for Southampton medical ahead of move from QPR

Post comment

QPR defender Steven Caulker is to undergo a medical at Southampton on Wednesday ahead of a season-long loan move.

Brentford midfielder Jonathan Douglas has been told his time at the club is over

Post comment

Brentford midfielder Jonathan Douglas has been told his time at the club is over by new boss Marinus Dijkhuizen.

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

Real reopen talks over £28m De Gea deal

Real Madrid have reportedly reopened negotiations with Manchester United over David de Gea and may complete a deal in the coming days.

Muller has a job for life at Bayern

Chairman Karl-Heinz Rummenigge feels that Thomas Muller 'will never leave ' Bayern Munich and has offered the forward a job for life at the club.

Jose Mourinho: Rafael Benitez destroyed Inter Milan and his wife should take care of his diet

Jose Mourinho has hit back at Rafael Benitez’s wife, saying her husband 'destroyed' Inter Milan and she should take care of his diet.

Mail Box

Mails: Let's Talk About Jose's Failures...

We don't talk about them because Chelsea won the title...but imagine if LVG or Brendan Rodgers had signed Juan Cuadrado. Plus, a trawl through the squads...

Di Maria Just Didn't Fit (S**t Happens)

If a signing doesn't work there doesn't have to be a massive witch hunt. So there. Plus a detailed net spend rant, Breel Embolo, computer games and Louis van Gaal...

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