Quote of the Day

"Words don't buy football clubs; Money buys football clubs."
-- Leeds Supporters' Trust Chair Gary Cooper, calling for Dubai-based investment firm GFH to show it can afford to buy the club. (REUTERS, 10/16)
Wednesday October 17, 2012 Vol. 1 — No. 91 Print This Issue

Top Stories

  • Follow The Money

    Accounts of its Bahrain parent company Gulf Finance House show that the Dubai-based investment firm negotiating to takeover Championship club Leeds United, one of English football's most-famous clubs, "appears to have little financial fire power to complete the deal," according to Sa'Pinto, French & Weir of REUTERS. According to an internal document from '10 reviewed by Reuters and verified by four former insiders, the Bahrain company had "previously taken big fees from projects that rarely see completion." Dubai-based GFH Capital "is in exclusive talks to buy Leeds, which it estimates has a market value of around £52M ($83M)."

  • Gridiron Extra

    The NFL's Minnesota Vikings will play the Pittsburgh Steelers at Wembley.

  • Show 'Em How It's Done

    Swansea City to report $23.5M profit from first season in EPL.

  • Check's In The Mail

    NRL clubs await bonus as TV negotiations stumble along.

  • Cost Of Losing

    Brasileiro club Palmeiras faces relegation, loss of Kia sponsorship.

  • Filling The Cup

    TF1 takes French broadcast rights to rugby's 2015 World Cup.

  • Season Of Doubt

    Egyptian Football Association delays season over security concerns.

  • Tossed Out

    Senegal kicked out of Africa Cup of Nations over fan violence.

  • Going It Alone

    Club 1860 Munich forges ahead with stadium plan despite no backing.

  • Opening Doors

    Pakistan tries to get back on cricket map by hosting T20 matches.

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