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There has been much speculation in the media as to the ownership structure of Leeds United and its compliance with the relevant regulations of The Football League and The Football Association. The speculation has been further fuelled by the coverage of the Football Governance enquiry and the political obsession with the ownership of Leeds United. Both the Football League and the Football Association have confirmed that the current ownership structure of Leeds United complies with both their regulations. The scaremongering arising out of the football Governance enquiry has not been helpful and, whilst the Board were always confident that there were no issues, recognise the concern the unknown outcome of any Premier League questions, may have on our Members. To address this issue and in the hope that this brings an end to the speculation, the chairman, Ken Bates, has completed the purchase of FSF Limited for an undisclosed sum. FSF Limited is now owned by Outro Limited which is wholly owned by Ken Bates. This change in ownership structure makes Ken Bates the controlling shareholder of Leeds United and delivers the transparency sought. The revised ownership statement is now on www.leedsunited.com and can be found following the link below. Ownership statement The revised details have been submitted to The Football Association, The Football League and the Premier League in accordance with their regulations. Further to the submission of these details both the Football League and the Premier League have confirmed that the new ownership structure satisfies their regulations. The Board do not anticipate any issues in securing approval of the Football Association in due course. ----- Sent from mBox Mail Hotmail for iPhone and iPod Touch http://www.fluentfactory.com/mboxmail _______________________________________________ Leedslist mailing list Info and options: http://mailman-new.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] MARCHING ON TOGETHER (There's it)
