Under the terms of the 2004 sale, the club has the right to re-purchase Elland
Road at any time, though the price goes up every year according to a set
formula.But the current owners are not obliged to sell to any other party.
Cellino could make them an offer, but the chances are they would ask for a
higher price, to make it worth their while.
Tim W.
On Friday, 4 March 2016, 16:28, {broken-address} Nicholas Armit
<[email protected]> wrote:
From an article
(http://www.fansnetwork.co.uk/football/leedsunited/news/42199/?:
"This legacy of debt explains why Cellino is refusing to repurchase Elland Road
and Thorp Arch until he gains complete control of the club of GFH make a
contribution, as the acquisition would have to be in the name of the club and
Cellino isn’t going allow the value of GFH’s minority stake to increase if he
has to fund the stadium purchase himself."
Couldn't Cellino just privately buy the ground and Thorp Arch and "rent" back
to the club and therefore bypass GFH?
Nick
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