Leeds takeover collapses, say Supporters Trust

The proposed takeover of Leeds has collapsed, according to the Leeds United Supporters Trust.

Leeds takeover collapses, say Supporters Trust

The proposed takeover of Leeds has collapsed, according to the Leeds United Supporters Trust.

Leeds confirmed on June 26 that an unnamed group of investors, believed to be from the Middle East, had been granted due diligence and it was widely expected a takeover deal would be reached soon after.

But there has since been no further information or updates from either the club or the proposed new owners and Leeds fans have grown increasingly cynical about the chances of a deal being struck.

LUST issued the following statement on Twitter: “The Leeds United Supporters Trust can confirm that the deal to buy the club has now collapsed.

“We will be making a more detailed statement later on [Thursday] once we have had the chance to establish more.”

It is understood concerns about the takeover emerged on Wednesday when Leeds chief executive Shaun Harvey flew out to Monaco to meet with chairman Ken Bates in an effort to push the deal towards a conclusion.

more courts articles

Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman

More in this section

Republic of Ireland Training Session and Media Conference Ogbene ruled out for 'few weeks'
Chelsea v Leicester City - Barclays Women's Super League - Kingsmeadow Willie Kirk sacked as Leicester boss after position became ‘untenable’
St Patrick's Athletic v Shelbourne - SSE Airtricity Men's Premier Division Damien Duff: 'The leading light of Irish football is not the national team but the league itself'
Sport Push Notifications

By clicking on 'Sign Up' you will be the first to know about our latest and best sporting content on this browser.

Sign Up
Sport
Newsletter

Latest news from the world of sport, along with the best in opinion from our outstanding team of sports writers

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited