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Takeover Latest - GFH confirmation


By Rich B
September 27 2012

Takeover speculation has reached fever pitch this morning, following a statement from Gulf Financial House (GFH) confirming it has signed an exclussive agreement to lead and arrange the purchase of Leeds City Holdings, the parent company of Leeds United.

The statement, which can be viewed HERE is the first official confirmation that GFH are involved, and also confirms the proposed deal is a takeover and not investment.

The statement does not confirm a deal has been completed however, and may just be an update in response to recent stories in the media.  This would be normal for a publically listed company when a major deal is being considered.

It is though a big step forward.  GFH have declared their interest now, and it would be a reputation blow for them if a deal were not completed.  For them to relase a statement such as this, it would seem they are confident that this will be compelted in their favour.

More to follow....(Hopefully!)

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Unofficial Leeds United
Unofficial Leeds United (IP Logged)

Takeover Latest - GFH confirmation
27/09/2012 08:36
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epic85
Trav (IP Logged)

Re: Takeover Latest - GFH confirmation
27/09/2012 08:37
All we need now is news from the club..



]http://images.smh.com.au/ftsmh/ffximage/2009/02/12/michaelclarke_wideweb__470x343,0.jpg

 
leeds until I die
LUID (IP Logged)

Re: Takeover Latest - GFH confirmation
27/09/2012 08:55
Giving fresh hope to all Leeds fans - bring it on

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