Leeds takeover set for Friday

The takeover of Leeds United is set to officially take place this coming Friday afternoon.

A joint statement released tonight by Leeds United and Florida-based company Nova Financial Partners read: “Nova have agreed to transfer £25million (€35m) into their solicitors’ bank account by the end of Thursday and this transaction will be verified at such time by Leeds United’s solicitors.

“Provided the funds are verified, Nova confirmed it would complete a deal with the club on or before 1pm on Friday.”

Leeds chairman Gerald Krasner said: “The intention of the board is to secure the best possible future for the club and we look forward to completing a successful deal on Friday.”

Nova’s Michael Lucas said: “We are looking forward to completing the contract and working towards Premiership status.

“No further comment will be made by either party or anyone representing either party until either completion or the deadline for completion has passed.”