Leeds United takeover bid falls through

A proposed takeover of Leeds United has fallen through.

A consortium led by managing director David Haigh was expected to acquire a minimum 75% stake through his company Sport Capital.

Haigh arrived at Elland Road as part of the GFH Capital group that bought the club from Ken Bates in December 2012.

The collapse of the bid means GFH must now look elsewhere for a buyer.

A rival bid involving Massimo Cellino, the owner of Italian club Cagliari, recently emerged and a third involving another consortium is also believed to be an option.

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