Leeds takeover collapses, say Supporters Trust

The proposed takeover of Leeds has collapsed, according to the Leeds United Supporters Trust.

Leeds confirmed on June 26 that an unnamed group of investors, believed to be from the Middle East, had been granted due diligence and it was widely expected a takeover deal would be reached soon after.

But there has since been no further information or updates from either the club or the proposed new owners and Leeds fans have grown increasingly cynical about the chances of a deal being struck.

LUST issued the following statement on Twitter: “The Leeds United Supporters Trust can confirm that the deal to buy the club has now collapsed.

“We will be making a more detailed statement later on [Thursday] once we have had the chance to establish more.”

It is understood concerns about the takeover emerged on Wednesday when Leeds chief executive Shaun Harvey flew out to Monaco to meet with chairman Ken Bates in an effort to push the deal towards a conclusion.

More in this Section

Golf Ryder Cup Moore added to US team

Rory McIlroy secures €10million FedEx Cup in play-off

Belgian media reports say Kevin de Bruyne facing a month out of action

Super gesture as loyal supporter lifts All-Ireland cup with Kildare captain


Today's Stories

Super-sub Rhona Ní Bhuachalla revels in the role

Rory McIlroy lands title in epic play-off

The backroom quantity must deliver quality for GAA managers

Isaac Westbrooks provides the cutting edge for Swords Thunder

Lifestyle

Open House Cork is back to give the public a sneak peak of more private homes

Film-maker John Boorman is going in a different direction with his debut novel

Roy Harper is back in the groove and focusing on music again

London Design Festival will inspire your next interiors project

More From The Irish Examiner