Bahrain bank gets extra time on Leeds Utd takeover

GFH Capital has been granted an extension to the exclusivity period relating to their proposed takeover over of Leeds United.
By Mark Absolom
Published 16th Nov 2012, 10:23 BST

Following protracted talks between the Bahrain-based investment bank and United chairman Ken Bates the two parties now have additional time to finalise a deal.

David Haigh, deputy chief executive officer at GFH Capital, said in a statement: “The fact that we are in such advanced talks means this extended exclusivity window is merely to ensure we can get past the final post without distraction.

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“We have come so far and are looking forward to what we hope will be a positive statement about change in ownership of Leeds United shortly.”

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