Leeds confirm talks with potential investors
Tuesday 29 May 2012
Leeds have confirmed they are in talks with an unnamed group of potential investors.
Speculation has been mounting since the weekend that the club could be the subject of a possible takeover, while it is understood discussions took place in Leeds last week.
A club statement read: "Further to media reports on Tuesday morning, the club can confirm that talks are taking place regarding investment for the long-term future.
"The club has always publicly stated that it would welcome potential investment, but has maintained a belief whereby the quality of the investor is the most important factor in terms of the long-term development of Leeds United.
"No further comment will be made at this stage."
Canada-based Maple Leaf Sports and Entertainment (MLSE), owners of NHL ice hockey franchise Toronto Maple Leafs, have been mentioned on internet fans' forums, but it has been reported the company have denied any involvement in last week's meetings.
Leeds United Supporters Trust also commented on the talks.
A statement on LUST's website read: "We are aware of firm interest from a number of parties looking to buy Leeds United... We understand that Leeds United are in talks with at least two separate groups. We also understand there is one firm bid on the table at present.
"In February we responded to [chairman] Ken Bates' suggestion that we 'put our money where our mouth is' by asking any potential investors, who shared the aims and ambitions of our members and of our Vision Statement, to contact the Trust with a view to working together to take Mr Bates up on his offer.
"We developed a presentation so interested parties could see how working with LUST could help them and have been in contact with a number of people to explore ways of bringing about change for the better at Elland Road.
"As part of this ongoing work we have spoken to two groups who are interested in buying Leeds United. At this stage it is not possible for us to go into details about our conversations with these groups, as with a firm offer on the table we would not want to jeopardise any current negotiations."
Latest in Sport
Juventus 2 Real Madrid 1 player ratings: Carlos Tevez, Cristiano Ronaldo and Alvaro Morata on target - but who scored highest?
Cristiano Ronaldo sticks up for Japanese boy after he struggles to speak Portuguese
Juventus vs Real Madrid match report: Carlos Tevez gives Juve the edge after goals from Alvaro Morata and Cristiano Ronaldo
Gareth Bale performance slammed by Roy Keane, Paul Scholes and Lee Dixon: 'His team-mates can't be happy'
David Beckham reveals secret of his success: I 'stayed in to watch Match of the Day' rather than go out with friends on a Saturday night
- 4 Frankie Boyle on Scottish independence: 'In the Interests of Unity, F**k Off'
- 5 Florida couple forced to register as sex offenders for having sex on public beach
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils