Leeds United Football Club - The Official Website

McKENZIE TO FORM CONSORTIUM?
by Graham Walker

United chief executive Trevor Birch has said that reports that chairman John McKenzie may be stepping down from his position are "a little bit premature," but did admit he could be putting together a consortium of his own.
McKenzie, who took over from former United chairman Peter Ridsdale in March after being invited to the board in October 2002, has many business associates in Japan and China, and they could prove to be useful allies if he does front a bid for Leeds United.
"John has a lot of business interests in the Far East and I think there is a possibility he might be looking to put a consortium together with those people," said Birch.
"But it's early stages and we shouldn't really speculate too far on that."
Birch added: "Stepping down does two things. It allows John to be able to work and put together a consortium and also gives somebody looking at the club a clean board in which to invest."
United have already revealed that a number of parties interested in taking over the club have already made themselves known, and negotiations have started with at least three parties.
This next week could prove to be one of the most important in the club's history, with the bid situation expected to become clearer.
Sheikh Al-Khalifa from Bahrain is the frontman of one consortium who have made their interest known, although no written bid has yet been made.
Birch added: "Anybody out there who is interested in buying Leeds should come forward now. But there are two or three parties who are very, very interested and we are working with those people. We are in the early stages but we are hopeful, given the stance the creditors have taken, that we will reach a conclusion with them."

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