David Haigh and GFH thought that buying Leeds United and sending out a few twitter messages would be enough to see an extra 5,000 bums on seats. They were foolish to believe that the only reason fans were staying away was out of protest towards bates and not wishing to line bates pockets. The economy is a shambles, the cost of watching a game is too expensive, if you do pay to watch you do not wish to see hoof ball and shoddy results - GFH under estimated the task ahead, Tweeting fans isn't the recipe for getting them back into the ground.
His first ever twitter post was saying how great it was waking up in Dubai and seeing Man Utd had won 5-0!
To be fair they've got Bate's halfway out of the door, reduced prices for some games this season, introduced another age level in the pricing so when kids turn 16 they aren't instantly charged adult prices and significantly reduced ST prices for next year, again, especially junior prices. Oh yeah, and injected money into the club to stop us ending up in admin again, as we would have under Bates Whether they've got money or not I don't know, but even if they have I fully understand them not giving it to Warnock in January. We're in a million miles better position than we were 8 months or so ago, we just need a little bit of investment to take us forward.
There is no proof that we would have went into admin again, GFH keep telling us they have injected money in then to their stock market they claim they have made profit. I don't doubt they have put some money in but I don't believe we were on the verge of going under. That was LUST scare monger tactics to gain support Yes I agree, that is the biggest bonus They clearly haven't and why not back the manager, if you don't blame them for not giving it to Warnock they should have got rid of him and given it to a manager who they did trust. They clearly allowed Becchio to be touted around and sold, if you have funds you back the manager, if you don't trust him you replace him, they did neither. Yes again I agree, we are in a better position but are we any nearer to challenging for promotion NOT in the slightest.
2011 he tweeted about how man united had done great winning 5 on the bounce n said we are gonna win The league Now he's a huge Leeds fan talks as much **** as bates
The close season is gonna be interesting to say the least.if they are selling cant see them putting money into anything other than keeping the club afloat, Forget any dosh for transferes,and dont be too surprised if they start selling players off to get their dosh back. You need someone in and you need them very very quickly
A MESSAGE FROM THE OWNERS GFH Capital have issued the following... n March 2013, Gulf Finance House (GFH), parent company of Leeds United FC owner GFH Capital, published its financial audited report that stated it was looking to sell its stake in the club. To clarify and as previously stated, GFH Capital is looking for investment in part of its share in the club, not its entirety. GFH Capital has been transparent since acquiring Leeds United and is continuing to look for strategic investors in part of the club that can invest in Leeds United, alongside GFH Capital, to ensure a long term, sustainable future. Since GFH Capital took ownership of Leeds United, it has fulfilled its promise of investing in the club, with around £10 million having already been injected into the club; to strengthen the squad and for other working capital purposes. Additional financial support will continue to be provided as required. Through cutting ticket prices, reducing 2013/14 Season Ticket costs and the introduction of Half-Season tickets, attendances have risen at Elland Road as GFH Capital continues with its goal of re-engaging existing fans and attracting new supporters to the club, plus the recent International Soccer Schools and 'Take it to the Kids' initiatives. To date, GFH Capital has fulfilled the plans pledged and its strategy for the club remains the same; to build a group of strategic investors to put Leeds United in the best position both on and off pitch for the long term. HAHAHA To its shareholders - we re selling them for a big profit of £10M To Leeds fans - we're not selling, in fact we've already pumped in £10M (I'd ike to know what £10M has been spent on in 3 months ) They are 10 times as deceitful as Bates - who'd have thought that possible?
I remember getting pelters of wj and others on here during the get Bates out at any cost campaign when I cautioned "be careful what you wish for". I can hear fat Gary warming up his publicity machine again!
UPDATE 1-Soccer-Leeds owner says seeks investors, not buyer Football » Wed Mar 20, 2013 6:43pm GMT * GFH Capital seeking new investment in Leeds * Owner denies plan to sell up, conflicts with parent company * English-led consortium seen close to deal FREE GUIDES AND REPORTS FROM DIANOMIADVERTISEMENTTop 10 Retirement Tips Top 10 Retirement Tips Top 10 Retirement Tips - Special 16 page guide Download Free Guide By Martin de Sa'Pinto and Keith Weir ZURICH/LONDON, March 20 (Reuters) - The Dubai-based owner of Leeds United said it is seeking new investors in the English soccer club but denied it plans to sell up completely three months after buying the team. A statement from owner GFH Capital issued by the Championship (second division) club on Wednesday tried to reassure fans that the owners remained committed to Leeds after buying out majority shareholder Ken Bates only in December. () But the statement will not quell uncertainty about the future of the former English champions as it conflicts with comments made by its Bahrain-based parent Gulf Finance House . Two sources close to the matter told Reuters earlier on Wednesday that parent GFH had all but completed a sale of the club, with just one or two legal issues left to resolve. The new consortium seeking to buy Leeds is led by Steve Parkin, a locally-based businessman who made his money in road haulage. Parkin attempted to buy the club in 2004, prior to it being snapped up by former Chelsea owner Bates. The sources declined to be named either because they still conduct business with GFH or have links to the new buyers. Sources said Parkin is working with potential partners from the Middle East on the deal. One source said Parkin had met potential partners when watching his racehorses in training at the famous Godolphin stables in Dubai. Parkin declined to comment when contacted by Reuters on Wednesday. NEW INVESTMENT GFH Capital bought Leeds in December after protracted negotiations lasting more than six months and despite concerns over their financial firepower. Rumours the new owners were planning a swift exit first surfaced last month. They appeared to be confirmed when parent GFH reported in its 2012 financial report that talks on a sale of the stake had already begun. The sale plan was reported by Reuters on Tuesday evening. "GFH Capital is looking for investment in part of its share in the club, not its entirety," the subsidiary said in response to the speculation. In its annual report GFH has booked a $10.4 million profit on the deal, despite not having sold the club yet, attributing this to the "bargain price" it paid for Leeds. The putative gain allowed GFH to post a profit and is the latest in a series of one-time items in recent financial reports that have allowed GFH to appear profitable despite bleeding cash. NO "CRAZY MONEY" The cashflow statement indicates GFH has so far paid over $33 million for Leeds, with a further $42.7 million in liabilities. The statement values the club, classed as "assets held for sale" on the balance sheet, at $88 million. In the accounts, GFH Chairman Esam Yousif Janahi calls the club "a high yielding investment opportunity". The sources said negotiations on behalf of GFH were being led by its CEO Hisham Alrayes. GFH Capital acting CEO Salem Patel and deputy David Haigh were now only peripherally involved in the club despite fronting the takeover when it was announced at Elland Road in December, they added. Leeds were English champions in 1992 and are one of the best-supported teams outside of the elite Premier League. Patel said GFH Capital would not spend "crazy money" to reach the top flight. That dampened fans' hopes that the new owners would replicate the lavish funding that has transformed clubs like Chelsea and Manchester City over the past decade. GFH Capital said it had injected 10 million pounds ($15.13 million) into Leeds to boost the squad and as working capital. Leeds are currently in 10th place in the 24-team second-tier Championship and retain only faint hopes of reaching the play-offs for a place in the big money Premier League.
So they've retained Bates as Chairman yet he is nowhere to be seen, and now Haigh and Patel are "only peripherally involved" so who the **** is running the show, Harvey and Warnock?
