Apparently Parkin's original bid was backed by a Saudi individual who is no 
longer interested. Parkin is trying to secure more backing but as it stands he 
could buy the club but not afford to run it. As a Leeds fan himself he knows 
that's not good enough and so is trying desperately to secure financial 
guarantees in the Middle East.

http://www.yorkshireeveningpost.co.uk/sport/leeds-united/latest-whites-news/leeds-united-pressure-s-on-parkin-s-bid-1-5552142



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