Not much leaking out of SOTG this morning then.........

http://www.yorkshireeveningpost.co.uk/sport/leeds-united/latest-whites-news/leeds-united-in-transfer-talks-warnock-poised-to-splash-new-owner-s-cash-1-4699716


By Phil Hay
Published on Monday 2 July 2012 08:17

Neil Warnock was working to tie up loose ends in the transfer market today, in preparation for the planned takeover at Leeds United.

The United manager is back after a holiday abroad and awaiting permission to conclude multiple transfers with funds supplied by prospective new owners of the Championship club.

Investment from the Middle East is poised to arrive at Elland Road after an unnamed group agreed in principle a deal to purchase Leeds from chairman and majority shareholder Ken Bates, subject to due diligence and the investors passing the Football League’s Owners and Directors Test.

The buyers are understood to see Warnock – appointed in February and under contract until the end of next season – as integral to their immediate plans and to have offered assurances about both his position and the money available for transfers.

Warnock has worked in the meantime to put deals in place ready to complete, and the arrival of goalkeeper Paddy Kenny from Queens Park Rangers appears reliant only on Leeds meeting a fee of around £500,000.

Sources in Leicester also claim the transfer of right-back Lee Peltier to Elland Road is effectively a done deal, with City said to value the 25-year-old at £350,000.

Warnock has other matters to attend to with midfielder Michael Brown – recently offered a new one-year deal on reduced terms – now out of contract and Republic of Ireland Under-21 international Aidan White also at the end of his deal.

Leeds have compensation rights for the 20-year-old, who has yet to accept the offer of a fresh deal at Elland Road, who is believed to have spoken to a rival Championship side.

Crystal Palace, meanwhile, look ready to step up their interest in Ross McCormack in a bid to beat Huddersfield and Bristol City to the United striker’s signature.

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PETE CASS (1962 - 2011) Rest In Peace Mate

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