Leeds United takeover to be completed before Christmas

Leeds United owner Ken Bates has confirmed that a takeover bid by the Bahrain-based investment bank GFH Capital will be completed in time for Christmas.

Bates told Yorkshire Radio: "We have now completed the first part of the purchase.

"Put briefly, they [GFH Capital] are taking over 100% of the club ... and it will be totally completed on December 21."

Bates said he would stay on as chairman until the end of the season when he will become club president and a new chairman will take over.