England's New TV Deal Worth $245M To FA Atlético Madrid May Have To Sell Talent Ryman, Isthmian Football League Split Racing Finishes 2nd In GB Attendance Sebastian Coe To Talk To MPs Again Van Basten Talks Former Club AC Milan Millwall Stadium Controversy Intensifies RFL Explains Decision To Keep Bradford RFU Could Impose Five-Year Rule MP Warning Of Overusing Wembley
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/February 12, 2013/Franchises
Leeds United Owner GFH Capital Turn Down Takeover Bid From Yorkshire-Based Consortium
Published February 12, 2013
BIDDER NAMED: In London, Andrew Haigh reported former Derby County & Hull City Chair Adam Pearson is "believed to be leading a bid by a consortium of Yorkshire businessmen" to buy the club. Pearson is the current owner of Hull FC rugby league club, but "fancies a return to football" (THE SUN, 2/10). In Yorkshire, Phil Hay reported GFH confirmed that several offers of investment "have been tabled since its takeover" in response to claims that a Yorkshire-based consortium are looking to acquire a controlling interest in Leeds United. A third party from the Middle East is "also interested in purchasing a large shareholding" in the club, despite GFH Capital "concluding its protracted buy-out of chairman" (YORKSHIRE EVENING POST, 2/11).
POLICING THE GROUNDS: The YORKSHIRE EVENING POST also reported a dispute over who should pay for policing of matches at Leeds United’s Elland Road stadium "has reached the Court of Appeal." The litigation involves "policing in the extended footprint of land immediately around the stadium which is not owned, leased or controlled by the club." High Court judge Justice Eady said that those services "could not be classified as special police services," and the club "should be repaid." He concluded that the services rendered "fell within the normal constabulary duty to keep the peace" (YORKSHIRE EVENING POST, 2/11).