News of the supposed offer to buy the Elland Road club emerged this morning with the group understood to have offered £7m to take control.
However, GFH have knocked back the reports in a statement, saying: “We are watching with a mixture of bemusement and interest the reports suggesting any credible takeover bid has been made.
“No serious approach has been made by any members reportedly concerned.”
Dubai-based investment group GFH Capital bought the club from Ken Bates last December but there have been constant rumours over their plans to sell the club on.
Radebe, now 44, is seen as a living legend and his backing to any bid for the club would be widely welcomed by all fans.
Full story in Sports Monday.