Wednesday, March 20, 2013

Leeds United's Gulf owners looking to sell after three months


The Middle Eastern owner of Leeds United has signalled that it is in talks to sell the former English Premier League soccer club it bought only in December.

Dubai-based GFH Capital purchased the club from majority shareholder Ken Bates at the end of last year after negotiations that lasted for several months.

GFH Capital board member Salem Patel told a news conference at the time that it would not spend "crazy money" to restore the Championship (second division) club to the elite Premier League.


Read more: http://www.arabianbusiness.com/leeds-united-s-gulf-owners-looking-sell-after-three-months-494311.html

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