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Leeds United owners deny sale plans

Leeds owners deny sale plans
© PA Photos
Gulf Finance House dismiss earlier claims that they are looking to sell their stake in Leeds United.

The owners of Leeds United have moved to clarify recent comments that they made regarding their plans for the Championship team.

In a statement, Gulf Finance House indicated that they were prepared to sell their stake in the club just three months after they had made the purchase from Ken Bates.

However, in a fresh press release, GFH have confirmed that they are actually looking for new investors to work alongside them.

"In March 2013, Gulf Finance House (GFH), parent company of Leeds United FC owner GFH Capital, published its financial audited report that stated it was looking to sell its stake in the club," read a statement on the club's official website.

"To clarify and as previously stated, 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."

Leeds are currently 10th in the Championship standings.

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