Krasner: no Leeds takeover on cards

LEEDS chairman Gerald Krasner insisted last night that a takeover of the club was not imminent despite a £25m (€35.9m) bid by a consortium fronted by Sebastian Sainsbury.

Krasner said after a specially convened board meeting at Elland Road that none of a number of interested parties had met necessary conditions.

Sainsbury, the 41-year-old great- grandson of the British supermarket founder, earlier said he was heading an Anglo-American group's interest.