Leeds United confirms investment talks
LEEDS United today confirmed that talks are taking place “regarding investment for the long-term future” amid rumours that Ken Bates was poised to sell the club.
According to several sources on social media website Twitter, “firm offers” are on the table from two unnamed parties.
The Leeds United Supporters Trust went on to claim through its blog that it was in discussions with two groups “interested in buying Leeds United”.
In a statement this morning, a Leeds United spokesman said: “Further to media reports on Tuesday morning, the club can confirm that talks are taking place regarding investment for the long-term future.
“The club has always publicly stated that it would welcome potential investment, but has maintained a belief whereby the quality of the investor is the most important factor in terms of the long-term development of Leeds United.
“No further comment will be made at this stage.”
The trust said in its blog today that following a call to potential investors to come forward earlier this year, two interested groups had now identified themselves.
“We developed a presentation so interested parties could see how working with L.U.S.T. could help them, and have been in contact with a number of people to explore ways of bringing about change for the better at Elland Road,” the trust said.
“As part of this ongoing work, we have spoken to two groups who are interested in buying Leeds United. At this stage it is not possible for us to go into details about our conversations with these groups, as with a firm offer on the table we would not want to jeopardise any current negotiations.”
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