GFH executives pass Football League test

BBC 8/12/12
GFH Capital's takeover of Leeds United has moved a step closer to completion after two executives received approval from the Football League.
Hisham Alrayes and Salem Patel, who are due to become directors at Elland Road, have satisfied the requirements of the league's owners and directors test.
The Middle East-based equity company finalised a deal to take control of the Championship club last month.
Leeds lost 3-1 at Derby on Saturday, leaving them 14th in the table.
Once the takeover is completed, GFH Capital will become the 100% shareholder of the club.
They have been financially supporting Leeds since entering into an exclusivity period to conclude negotiations about their proposed investment.
Current owner Ken Bates will remain as chairman until the end of the season, when he will become president.

Popular posts from this blog

Leeds United handed boost as ‘genuinely class’ star confirms his commitment to the club - YEP 4/8/23

Leeds United in ‘final stages’ of £10m deal for Premier League defender as Jack Harrison exit looms - YEP 13/8/23

Wilfried Gnonto latest as talks ongoing between Everton and Leeds despite £38m+ claims - Goodison News 1/9/23