I understood the complete opposite. DD is examining GFH C cum Leeds United
and not Parkin
On Apr 25, 2013 7:29 PM, <[email protected]> wrote:

>
> 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.
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