Leeds United news

Leeds owners sell 10% stake to bank

March 28, 2013
By ESPN staff
The owners of Leeds United, GFH Capital, have sold a 10% stake in the club to the Bahrain-based International Investment Bank.

After a protracted negotiating process that saw them take control of the Championship club from Ken Bates, there had been speculation that GFH could have been looking to sell up after only arriving at Elland Road in December.

They said their aim was to attract "strategic investors" to strengthen the financial position of Leeds in an effort to help them ...

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