Morning Everyone, Are we up for sale or arn't we??? In a club statement released the owners, who bought the club back in December following six-months of protracted takeover A statement from GFH read: "In 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 £10million having already been injected into the club; to strengthen the squad and for other working capital purposes. 10m pumped into the club, to strengthen the squad (and other working capital) WTF...... What does that mean? Is that recycled money that has gone through Leeds Utd, or as part of an operating loss?
Morning If I had to guess, I would say they have bought ER and TA. Not part of a master plan to get us to the PL, but just to make more money when they sell us in the summer. Speculating to acumulate if you will.
Of course its for sale but if they look desperate, it reduces their bargaining power. 10m invested. Wherever it was invested, it certainly wasn't in playing squad. I have little doubt, we will have new, and hopefully, substantial owners very soon. Good morning all, by the way
Morning all!! Great news that GFH big bosses are selling ... they won't state this in their annual report if its not their intention as it will affect their share price. Just hope we finally get the right people in.
Well were up for grabs again . Or is just new investor's they want ??? Who the £ook knows.But dont think what ever's happening wont take as long as the infamous summer takeover, As all if not most of Bate's skeletons ave been sorted or hidden. As long as Bates is of the boared totaly and Colin has gone then thats a good start for next season. Just some new owners/investor's and players then we up and running Ohhh and Gooooooooooooood Moring
Afternoon all - Politicians fudge figures all the time, they might have pumped £10m in but I bet it is balanced by things like the sale of Becchio and reduced wages on those out on loan, Even with dwindling gates I can't believe it possible that we possibly lose in the region of £2m a month
