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Leeds United up for sale again

Leeds United up for sale again
© PA Photos
Gulf Finance House reveal that they would like to sell their stake in Leeds United just three months after taking control of the club.

Championship side Leeds United have been put up for sale by their owners of just three months.

Gulf Finance House only took control at Elland Road in December last year, but confirmed via a statement today that they are keen to sell their stake in the club.

"The group has an active plan to sell its stake in LUFC Holdings Limited, and accordingly, the asset and liabilities acquired were classified as held for sale and presented in the consolidated statement of financial position," GFH stated in the company's accounts for 2012.

"Subsequent to the year end, the group has commenced negotiations relating to the sale of its stake in LUFC Holdings Limited."

Local media has reported that businessman Steve Parkin may consider making an offer to the Bahrain-based company.

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Liam Apicella
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