I thought the following sentences from the end of this YEP story - http://www.yorkshireeveningpost.co.uk/sport/leeds-united/latest-whites-news/motherwell-winger-is-on-leeds-united-s-radar-1-5613531 - were rather odd. Anyone got any idea why Parkin's bid could is "increasingly unlikely to reach a successful conclusion" if it was "accepted in principle" by GFH? As Parkin still wants to buy the club, does that imply that the due diligence turned up some financial skeletons in Parkin's closet?
Cheers! Sean United’s summer dealings remain dependent on their financial position and the funds provided by club owner GFH Capital. One of the firm’s directors, David Haigh, is in Leeds this week and could be joined before Saturday’s match against Brighton by fellow GFH Capital executives Salem Patel and Hisham Alrayes. The Dubai-based company’s future as owner remains unclear with an offer from local businessman Steve Parkin to buy 51 per cent of Leeds still on the table. Parkin’s bid – accepted in principle but subject to due diligence – appears increasingly unlikely to reach a successful conclusion but an associate of Parkin’s insisted last night that he has not yet abandoned his attempt to gain control of United. _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] MARCHING ON TOGETHER
