Leeds Utd in takeover talk

Updated: October 10, 2012

The man at the head of a proposed takeover of Leeds hopes to complete a deal for the club he described as “a young Pamela Anderson” within three weeks.

Leeds chairman Ken Bates opened negotiations with Bahrain-based Gulf Finance House (GFH) in June but a deal remains unsigned.

Bates on Saturday said both parties were still keen on completing the deal, blaming lawyers for the delay.

And David Haigh, who is the deputy chief executive officer and chief operating officer of GFH Capital, said: “Leeds is like a young Pamela Anderson. It’s in great shape, with superb assets and a great future ahead of her.

“Like any big acquisition we have to be thorough and that’s the process we’re going through. We’re almost there and,
hopefully, within three weeks it could be done.

“We are working incredibly hard to get the deal done but there are procedures and rules which must be followed.”

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