Leeds fans have expressed their disappointment that owner Ken Bates will be staying on as president at Elland Road following the completion of the club's takeover by Bahrain-based investment bank GFH Capital.

Bates, 80, announced on Wednesday morning that GFH Capital will complete a 100 per cent takeover of the club on December 21 and that he will remain as chairman during a transitional period until the end of the season.

Leeds United Supporters' Trust chairman Gary Cooper welcomed GFH's stated ambitions regarding the club but told Press Association Sport: "We're not questioning the transitional period at all, that makes absolute sense. But my members are already asking me, going forward, why does the club need or want Ken Bates as president?"

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