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Leeds United: We are in takeover box seat - GFH LATEST

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Potential new Leeds United owners GFH Capital remain confident of sealing their takeover of the club – and are shrugging aside speculation regarding a rival bid.

American millionaire Preston Haskell IV – whose personal wealth is estimated at over £150m – has emerged as a late rival to their quest to take over at Elland Road with a picture of the US businessman alongside United chairman Ken Bates and wife Susannah appearing in the Sunday Times at the weekend along with a report.

But sources close to GFH say that they are positive the deal remains on track and are hopeful of getting it done as quickly as possible.

Reports have suggested that Haskell, 46, who recently owned a minority stake in the Jacksonville Jaguars NFL franchise, has tabled an investment bid, despite GFH Capital being on the verge of a full buy-out of United.

They state that Haskell would make an immediate £10m available to boss Neil Warnock to strengthen his squad with the investment surpassing the funds that GFH have tabled.

GFH Capital’s deputy CEO David Haigh, who is currently overseas, and his lawyers are continuing talks with United in a bid to finalise the deal.

On the subject of the deal GFH Capital director and chief investment officer Salem Patel, tweeted yesterday afternoon: “As I’m sure you can imagine last few days have been busy to say the least. All messages are appreciated. Can’t say anymore than that.”

GFH Capital director and chief investment officer Salem Patel, tweeted yesterday afternoon: “As I’m sure you can imagine last few days have been busy to say the least.

“All messages are appreciated. Can’t say anymore than that.”

 

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