Leeds takeover a step closer - official statement
By Andy Baggott
June 26 2012
The much anticiapted Leeds takeover looks a step closer following the release of an statement on the official Leeds United website. The statement reads...
Further to our previous statement of the 29th May, Leeds United can confirm they have granted an exclusivity period to enable a potential investor to carry out the appropriate due diligence.
It is anticipated this will be a fairly straightforward process.
A confidentiality clause prevents the club from making any further comment. However, our discussions with them have left us very comfortable that they have the financial resources to support the club and that they will have no issues in satisfying the requirements of the Football League's Owners and Directors Test, unlike many of the previous approaches we have had to endure.
We will not be making any further announcements in the near future.
After nearly 4 weeks of total silence, this seems an incredibly positive statement. There is still no word as to who the investor(s) is/are, and whether it will lead to a complete takeover - although it does sound as though it will.
There has been an unbelievable amount of specualtion accross websites and twitter, but there have been no leaks at all...
Hopefully this saga is nearing a concusion, and my fingers can take a rest from hitting 'refresh' every thirty seconds, desperate for an update...
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