Leeds United takeover talks: All signs point to a deal in the offing
Yorkshire Evening Post 30/5/12 Chief football writer Phil Hay looks at the implications of Leeds United’s takeover talks announcement. Ken Bates has a stock response to anyone who approaches him with promises of meaningful investment in Leeds United. “We have two golden rules,” he said last year, 24 hours after revealing himself as the club’s new owner. “We say ‘the identity of a proposed investor, proof of funds in a London bank.’ That usually gets rid of most of them.” In the past decade, rumours of impending investment at Leeds have often proved to be no more than speculation but the fact that an interested party were present at Elland Road six days ago suggests the individuals concerned have already cleared the first hurdle facing them. The group, described as North American, took a tour of United’s stadium and their training ground at Thorp Arch last Thursday as whispers of a buy-out began to circulate in the city around them. It was an intriguing end to a concerning week in...