Leeds sign Neil Kite from Barrow Island

Rugby League

Friday 01 November 1996 01:02 GMT
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Leeds have made their first signing - just two days after new owners took over the club. They have beaten Super League rivals Bradford, Halifax, Warrington and Wigan for the signature of 18-year-old centre Neil Kite from the Barrow Island amateur club.

Reports of a takeover bid for the Super League club Castleford have been dismissed by their former chairman David Poulter, one of the club's major shareholders. Ron Hill, a former Castleford player and director, is fronting a consortium said to be considering making a bid for the club.

Oldham Bears have secured the club's financial future after shareholders approved a board request to turn their loans into shares. The directors will now put another pounds 50,000 into the club and increase personal guarantees at the bank from pounds 100,000 to pounds 200,000. In turn, the bank will increase the club's overdraft from pounds 350,000 to pounds 500,000.

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