GFH outlines plans for Leeds

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Football News

GFH Capital, the Bahrain-based investment company who on Thursday announced they had signed an exclusive agreement to lead a takeover of Leeds, have revealed details of their plans for the npower Championship club.

The company, which is a subsidiary of Gulf Finance House, have been negotiating with current Leeds owner Ken Bates throughout the summer, but only on Thursday did any real detail come to light.

Following comments by Bates last Saturday that he was speaking to potential investors from the Middle East, GFH penned a letter to the Bahrain stock exchange to confirm they were leading the "acquisition" of the Elland Road club. On Friday, a statement outlined their plans which focus on helping the club return to the Premier League.

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