Advertisement

Leeds takeover latest

Ken Bates reveals details for the first time about Leeds United potential backers.

View all 6 updates ›

Leeds United takeover: bidder is said to have put millions into United

It's been reported that the Dubai-based company that wants to buy Leeds United has invested £2m in the club this summer. There are further claims that figure could actually be nearer £6m.

The transfer of £2m is understood to have taken place during the summer when Leeds were rebuilding their squad and talks between the board at Elland Road and GFH Capital ( a private equity firm owned by a Bahraini investment bank) were gathering speed.

For almost 5 months now United have been in negotiations with GFH Capital over a £52m buy-out of the club. Though speculations over the financial state of the parent company has raised concerns about the viability of the takeover.

More on this story