Ken Bates

Leeds takeover imminent after Bates receives proof of funds from Bahrain Read more:

After GFH Capital have shown enough proof of funds to complete the takeover of Leeds United, the acquisition is ready to be fulfilled. Thus, the long months of discussion starting May this year are over. According to current Leeds owner Ken Bates, both parties are ready to close the deal in the very near future. He also pointed out the negative effect of inaccurate reporting by some journalists due to lack of knowledge, which, however were not able to disturb the acquisition procedures as much.

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GFH Capital in talks to takeover Leeds United

GFH Capital discusses the takeover of the English football club Leeds United and has considerably advanced in its negotiations. Even though a football club is not typical for a bank's business, GFH Capital has discussed logistic and other issues at length and it is possible for the investment operation to be finalized by the end of the year.

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