Leeds owners seek investment, not sale

Leeds owners GFH Capital have added to the growing confusion at Elland Road by insisting they are seeking investment but do not want to sell the club.

The Dubai-based equity investment firm said in their financial statements for 2012 – which came to light yesterday – they were negotiating to sell their stake in the club’s parent company LUFC Holdings for 
£7 million more than they paid.

The owners said: “GFH Capital is looking for investment in part of its share in the club, not its entirety. GFH Capital has been transparent since acquiring Leeds United and is continuing to look for strategic investors in part of the club that can invest in Leeds United, alongside GFH Capital, to ensure a long-term, sustainable future.”