Premiership Rugby, StubHub Partner Liverpool Signs Terms For Anfield Project Jockey Club Announces Record Profit Rugby CEO: Champions Cup Worth Wait Arsenal Launches YouTube Channel Formula E HQ To Be Finished In May Hearts Closer To Exiting Administration Liverpool Commemorates Hillsborough Innocent Clubs Could Challenge FFP Commonwealth Games Medals Unveiled
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/March 29, 2013/Finance
Leeds United Owners Sell 10% Stake In Club To Bahraini Investment Fund
Published March 29, 2013
TEAMING UP: The London TELEGRAPH reported IIB CEO Aabed Al-Zeera "will join the Board of Leeds City Holdings Limited." Int'l Investment Bank B.S.C. "was launched as an Islamic Investment Bank" in Oct. '03. On its website, IIB stated the ''core business activities of the Bank include investing on its own account and investment, underwriting and placement in real estate and private equity in conformity with Islamic Shari'ah'' (TELEGRAPH, 3/28). REUTERS reported Leeds, who "suffered financial problems and dropped down the leagues" after reaching the '01 Champions League semifinals, are 10th in the Championship and "retain only slim hopes of making the playoffs for a place in the lucrative Premier League" (REUTERS, 3/28).