So saying a lot without telling us anything really

I see Duncan Castles reckons that a take over is in progress and that due
diligence is being completed at present - the statement does not really
indicate this to be the position

Dave

On Wed, Mar 20, 2013 at 3:47 PM, Rick Duniec <[email protected]> wrote:

> **
>
> *In March 2013, Gulf Finance House (GFH), parent company of Leeds United
> FC owner GFH Capital, published its financial audited report that stated it
> was looking to sell its stake in the club. To clarify and as previously
> stated, GFH Capital is looking for investment in part of its share in the
> club, not its entirety.*
>
> GFH Capital has been transparent since acquiring Leeds United and is
> continuing to look for strategic investors in part of the club that can
> invest in Leeds United, alongside GFH Capital, to ensure a long term,
> sustainable future.
>
> Since GFH Capital took ownership of Leeds United, it has fulfilled its
> promise of investing in the club, with around £10 million having already
> been injected into the club; to strengthen the squad and for other working
> capital purposes. Additional financial support will continue to be provided
> as required. Through cutting ticket prices, reducing 2013/14 Season Ticket
> costs and the introduction of Half-Season tickets, attendances have risen
> at Elland Road as GFH Capital continues with its goal of re-engaging
> existing fans and attracting new 
> supporters<http://www.leedsunited.com/news/20130320/a-message-from-the-owners_2247585_3116320#>to
>  the club, plus the recent International Soccer Schools and 'Take it to
> the Kids' initiatives.
>
> To date, GFH Capital has fulfilled the plans pledged and its strategy for
> the club remains the same; to build a group of strategic investors to put
> Leeds United in the best position both on and off pitch for the long term.
>
> ----- Original Message -----
> *From:* David Nattan <[email protected]>
> *To:* leeds list <[email protected]>
> *Sent:* Wednesday, March 20, 2013 3:35 PM
> *Subject:* [LU] GFH statement coming soon
>
> According to those in the know there will be a statement from GFH on the
> official site in the next half hour
> No idea whether it will be just the general 'we are looking for investment'
> or something more specific and important
>
> Dave
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