Leeds United prepare double signing of Kenwyne Jones & Cameron Jerome to aid promotion drive

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Duncan Castles 21/10/12
Leeds United have lined up the double signing of Stoke City forwards Kenwyne Jones and Cameron Jerome as part of a push to achieve promotion to the Premier League this season. The pair, both sparingly used by Tony Pulis of late, are expected to sign on loan within the next fortnight with options to turn their moves into full transfers.
The signings, which will significantly add to Leeds' tightly controlled wage bill, are indicative of Leeds majority shareholder Ken Bates' confidence in bringing substantial new investment into the Championship club.
While Bahraini finance company GFH Capital currently holds an exclusive agreement to take over the club, it has failed to complete the deal and has lost the confidence of key elements of the Leeds United support with quixotic public statements. Once the agreement expires, Bates will be free to agree a sale of shares to other interested parties on condition Leeds repay a £2million loan to GFH Capital.
Bates invited an affluent American investor to Leeds last month to assess the club's potential. Understood to have a personal wealth of more than $250m, he remains keenly interested in supplanting GFH Capital once legal complications have been overcome. A second, separate, Middle East group is also considering attempting a purchase.

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