http://www.leedsunited.com/news/20121010/joint-statement-from-club-and-gfh_2247585_2945358 Leeds United and GFH Capital have issued a joint-statement regarding the on-going speculation surrounding the proposed investment in the football club. Following the latest bout of speculation, which included a number of inaccurate media reports and a statement from the Leeds United Supporters Trust which stated the group had been in direct contact with GFH, the two parties have moved to clarify the situation. David Haigh, Deputy CEO, GFH Capital said: "A lot of nonsense has been written and said by people claiming to have 'sources' or inside knowledge, which has resulted in incorrect media reports and even quotes, but as noted before there are confidentiality clauses that are in place, and we are both respectful of those. We are focusing on the transaction and not rumour. "The importance for us to talk to the numerous fans and supporter groups of Leeds United on the acquisition of the club cannot be underestimated but at this time, we have to respect the confidentialities of a deal of this nature. "As such, neither I nor any employee of GFH Capital has been in discussions with the LUST. This is clear from some of the detail within a recent statement from LUST, notably, how GFH Capital 'has only emerged as potential buyers in the last six weeks.' In truth, GFH Capital has been working with the current Club owners since June. Salem Patel, Board Director and CEO, GFH Capital said: "Both GFH Capital and the current owners of Leeds United are working hard to ensure as swift a conclusion to this deal as possible and we appreciate the patience and understanding of those waiting for a positive announcement. We will be talking to the various Leeds United supporter groups and their members as soon as we are able." Leeds United CEO Shaun Harvey said: "There has been a lot of comments from many different quarters as to the proposed investment in Leeds United. As with all speculation not all of it's correct. And we are pleased that both are able to clarify the situation."
I do wonder if GFH are really pissed off at LUST and this is a just a seemingly harmless way of severely denting their credibility?
LUST. Can't believe people are still being convinced by Bates propaganda. No doubt he told Haigh that a statement of this type would speed up the deal, and you can see GFH/their lawyers have been quick to offset the LUST hate by saying how important it will be to speak to them in an official capacity in the future. If they had no time for them, that would have been omitted. LUST always said they just had a contact who knew stuff from the GFH camp anyway, never claimed to be in official on-the-record discourse, did they? That's not to say GC and DH may not have spoken off-the-record, which is a provision the statement including Haigh's quotes doesn't make. Again, doubtless there are reasons behind that (i.e. Bates may not have wanted it included, and it was seen as a fair sacrifice in the wording). People too quick to black-and-white this whole thing and use it as ammo against LUST. It's what Bates wants FFS. I applaud them, and will keep on smiling as they go from strength to strength and their haters get redder and redder in the face.
Nothing stopping LUST telling their side now, lets hope they don't go all quiet and evasive on us now.
Give LUST a chance to respond before we decide, this is a Bates statement. Don't read into it what you want to see, this is why everyone has been so keen to believe so far. PS Plus no one likes a smart arse...
tbh this is pretty solid stuff against LUST and I'm going to be more on the fence. That said, I've been apathetic for months now and just want the whole thing to end.
I don't really follow LUST enough to pass serious judgement, but surely that's a dent for them? I won't take any satisfaction if their credibility is completely ruined, but it would be nice if the rest of us weren't tarnished as Bates lovers for not necessarily agreeing with them.
I think if it walks like a duck and talks like a duck then its a duck....... LUST exposed. There was no meeting arranged between the two parties by lust originally, and GFH have now told you that LUST are not privvy to their info. Bates must be pissing himself. The AGM should now be cancelled and the scheme binned. At least dear leader will not be on the board. Now I am not wasting my time amd money going. WJ I will shout you a magnum of Buckfast at ER on a mutually agreed date insted.
Agreed. Even if proved to be way off the mark, I can still respect that they just got caught up in the excitement. I doubt they meant any harm if they did make up a few facts.
Tbh I'm disappointed by this latest information. It basically means LUST have been BSing their way through the summer and as such are no better than bates.
LUST need to respond before the AGM as I want to know what they planned to reveal. Its time to be honest as Bates has given the green light for LUST to talk by posting this. If he then uses this as an excuse for talks to breakdown then we are all clever enough to see through his lies.
Twitter Updates: @davelumb62 Well that made me laugh, even though I am sure it wasn't meant to. less than a minute ago @Jamielufcsmith We haven't. We stand by our comments/statements and actions throughout the summer. 2 minutes ago We have absolutely no reason to lie, it makes no sense. We want what is best for #lufc. Apologies that we are not replying to all atm. 14 minutes ago @stupotc It has come as a bit of a shock to us but our duty is to our members. We will reply to them as soon as we can. 15 minutes ago @ChicagoWhite Agree entirely. The board are currently discussing the situation. 20 minutes ago @charlie174b Agreed but also want to get it right rather than just rush something through. Lots to say. 29 minutes ago
erm, after months of people reading what wasn't said as what was said and giving pelters to anyone who actually could read ans so was challenginng the bollocks being spouted its a bit late to be saying dont read too much into a clear statement. Or are you ssaying GFH are lying about the fans in their statement. Isn't that just what cuddly Ken did? I am trying not to feel smug but its hard not to.
I agree with Marko. If LUST has been found to be lying about being in contact with GFH - and the relevant person should be able to provide proof on their conversation tomorrow in some sort of manner - they will be tarnished pretty badly. It is one thing to be setting up as an organisation, having some values, doing all the right things, putting out information that they have confirmed, but it is another thing to be making it up. Having said that, the LUST statement was pretty clear and contained a lot of substance. And if they did have information from within the GFH camp but their disclosure could well have led to a response from Bates that GFH has clearly breached the confidentiality agreement, then there are two aspects: 1) GFH are now trying to cover up their own mess, 2) LUST has placed GFH in a bad light with its pronouncement and that will only work out badly for LUST from both the current regime and the future one. The one bit of substance that David Haigh could be bumbling is the timing of GFH's involvement. No doubt they have been involved at the beginning, but they may well have been in the position of brokers being paid by somone else to do the DD, whereas now they have stepped up. Smoke and mirrors methinks, but then again the whole lot has been s&m, so who knows what the real truth is. LUST have some explaining to do. Luckily there is their AGM tomorrow, and maybe some forthright answers to straightforward questions will be asked. The content of those answers will be key to whether they are able to retain credibility or if they have just thrown it all away
