The takeover of Leeds United by the Middle East private equity investing company GFH Capital could be just a matter of days away.
Talks between GFH Capital and Leeds United chairman Ken Bates began back in May, with those discussions now entering a 7th month. The fee to acquire the club is believed to be in the region of £44 million - with GFH Capital having already invested a substantial amount to help with running costs.
But according to sources discussions could be coming to a head. However some suggestions that the takeover could be completed before the weekend have been played down.
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The suspects were arrested by West Midlands Police and will appear before Westminster Magistrates' Court in London on Friday.
Jon Mitchell has the early morning forecast for Friday.