caseyjones 3,009 Posted November 21, 2012 Share Posted November 21, 2012 Leeds United announce Dubai-based investment bank GFH Capital Limited has finally signed a deal to buy the Championship club following a long-running takeover bid. It marks the start of a one-month transitional period which will see a full change in ownership and control of the club from current owner Ken Bates to GFH. Bates will remain as chairman until the end of the season before becoming club president."Neil Warnock will continue as manager with more support than the present owners have been able to give and we look forward to a smooth transition," says Bates in a statement on the three-time English champions' official website. Quote Link to post Share on other sites More sharing options...
OLE SUPER WILBERT 2,475 Posted November 21, 2012 Share Posted November 21, 2012 Surprised it's taken so long for someone to buy them. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted November 21, 2012 Author Share Posted November 21, 2012 They need to get out of The Championship sharpish. Quote Link to post Share on other sites More sharing options...
Devlin 222 Posted November 21, 2012 Share Posted November 21, 2012 YAAAAAAAAAAAAAAAAAAASSSSSSSSSSS Quote Link to post Share on other sites More sharing options...
Sasa_Papac_No1_Fan 605 Posted November 21, 2012 Share Posted November 21, 2012 is that the newco leeds casey? Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted November 21, 2012 Author Share Posted November 21, 2012 is that the newco leeds casey?Another sad cunt who thinks he's original. Quote Link to post Share on other sites More sharing options...
Sasa_Papac_No1_Fan 605 Posted November 21, 2012 Share Posted November 21, 2012 Another sad cunt who thinks he's original.do you think leeds are the same club then? Quote Link to post Share on other sites More sharing options...
Ferdasyn 431 Posted November 21, 2012 Share Posted November 21, 2012 I like Leeds. I don't know why. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted November 21, 2012 Author Share Posted November 21, 2012 do you think leeds are the same club then?Can't you obsess over Celtic like all the other sad fucks? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted November 21, 2012 Share Posted November 21, 2012 Can't see Warnock lasting long. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted November 21, 2012 Author Share Posted November 21, 2012 Can't see Warnock lasting long.He's been given money to bring in loan signings. I doubt that he would be getting that if they had someone to replace him. Quote Link to post Share on other sites More sharing options...
wearethepeople1 3,897 Posted November 21, 2012 Share Posted November 21, 2012 Leeds should have been back In the top flight years ago. Hopefully this will get them back up there Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted November 21, 2012 Share Posted November 21, 2012 He's been given money to bring in loan signings. I doubt that he would be getting that if they had someone to replace him.They'll not get rid straight away but if they don't start climbing the table within the next couple of months I'd expect a change. He's not really lived up to his promotion specialist reputation so far. Quote Link to post Share on other sites More sharing options...
Sasa_Papac_No1_Fan 605 Posted November 21, 2012 Share Posted November 21, 2012 Can't you obsess over Celtic like all the other sad fucks?dont see why i would do that to be honest. do you think leeds are the same club? it really is a simple question. Quote Link to post Share on other sites More sharing options...
bradfordloyal1982 48 Posted November 21, 2012 Share Posted November 21, 2012 hopefully they pull a pompy Quote Link to post Share on other sites More sharing options...
Kopter 310 Posted November 21, 2012 Share Posted November 21, 2012 Not going to be easy getting out of the Championship even if they do splash the cash. Are they going to be super rich with these owners? Quote Link to post Share on other sites More sharing options...
simplythebest 11,453 Posted December 21, 2012 Share Posted December 21, 2012 Leeds United: GFH Capital completes takeoverDubai-based private equity group GFH Capital has completed its takeover of Leeds United.Previous owner Ken Bates is to remain as chairman until the end of the season, before becoming club president. AnalysisBBC Radio Leeds' Leeds United reporter Adam Pope: They've paid cash for a club that is debt-free but they would not confirm what they have paid for it.They've bought 100% of the club and it's businesses and have already started to re-engage with fans through social media and selling half-season tickets.They clearly support Neil Warnock, who they demanded stayed on as part of them buying the club.Although not spending "crazy money" it looks like the intent is there to help the team get promoted.GFH executive Salem Patel told BBC Radio Leeds: "In one or two years' time we want this club to be successful on and off the pitch."As a city Leeds is thriving but having a successful football club is absolutely vital."GFH has confirmed that the deal, which is reported to have cost in the region of £52m, was paid in cash and that Leeds, who are currently 12th in the Championship and were knocked out of the League Cup by Chelsea on Wednesday, are debt free.Patel believes that the game against the reigning European champions underlined the potential at Elland Road."I'm sure all of the bars, clubs and hotels were loving the business generated by the match against Chelsea," he said."We had 34,000 in the ground that day and that kind of atmosphere is something we are hoping to recreate every week."He added: "What we want to do is create a successful but sustainable club and I think every fan will be with us."English football is one of the most successful exports that England has at the moment. People are watching world over and being part of that is very exciting to us."We want to take Leeds back where they belong." Leeds United honoursInter-Cities Fairs Cup winners: 1968, 1971League champions: 1968-9, 1973-4, 1991-2FA Cup winners: 1972League Cup winners: 1968FA Charity Shield winners: 1969, 1992Fellow GFH executive David Haigh came onto the board earlier this month and will be joined by colleagues Patel and Hisham Alrayes.Leeds first revealed they were in talks with potential investors in May, with GFH eventually emerging as the leading bidders.Bates confirmed the takeover was approaching completion in October and GFH has been supporting Leeds financially since entering into an exclusivity period to conclude negotiations about its proposed investment.It was announced last month that the deal had been finalised and the company had entered a one-month transitional period with previous owner Bates, before being formally completed at 20:40 GMT on Thursday.Patel suggested that manager Neil Warnock will be supported but that may not involve a large spend on players in the January transfer window."January is not a great time to do business and we already have quite a good squad with others coming back from injury," he continued."Neil has stated what he wants and we will try our best to provide that."Leeds take on Middlesbrough on Saturday before travelling to Nottingham Forest on Boxing Day.http://www.bbc.co.uk...otball/20809027 Quote Link to post Share on other sites More sharing options...
Creampuff 22,628 Posted December 22, 2012 Share Posted December 22, 2012 They're only five points off the playoffs with a game in hand on most of the teams above them. With players returning from injury and two or three decent arrivals in January Leeds should absolutely make the playoffs. Quote Link to post Share on other sites More sharing options...
trueblue68 2,497 Posted December 22, 2012 Share Posted December 22, 2012 Having family in the area who have followed the team through thick and thin, i can only wish them well. Quote Link to post Share on other sites More sharing options...
Thermopylae 15,287 Posted December 22, 2012 Share Posted December 22, 2012 A vibrant Leeds in the EPL will make it even stronger Quote Link to post Share on other sites More sharing options...
harlands plater 17,015 Posted December 22, 2012 Share Posted December 22, 2012 I would rather see Leeds in the Premiership than a lot of the non-descript shite that have no aspirations above clinging on by their fingertips to their Sky money every season. Quote Link to post Share on other sites More sharing options...
Ozblue 4,331 Posted December 22, 2012 Share Posted December 22, 2012 http://www.bbc.co.uk...otball/20809027QuoteLeeds United: GFH Capital completes takeoverDubai-based private equity group GFH Capital has completed its takeover of Leeds United.Previous owner Ken Bates is to remain as chairman until the end of the season, before becoming club president.AnalysisBBC Radio Leeds' Leeds United reporter Adam Pope: I stopped reading right about there Quote Link to post Share on other sites More sharing options...
TravelingWilBEARy 4,319 Posted December 22, 2012 Share Posted December 22, 2012 Dirty Leeds. Fuck them. Quote Link to post Share on other sites More sharing options...
TravelingWilBEARy 4,319 Posted December 22, 2012 Share Posted December 22, 2012 dont see why i would do that to be honest. do you think leeds are the same club? it really is a simple question.Its not the same Leeds he grew up supporting. Quote Link to post Share on other sites More sharing options...
caseyjones 3,009 Posted December 22, 2012 Author Share Posted December 22, 2012 dont see why i would do that to be honest. do you think leeds are the same club? it really is a simple question.No. There's your simple answer. Quote Link to post Share on other sites More sharing options...
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