Confusion continues at Elland Road

Leeds owners GFH Capital have added to the growing confusion at Elland Road by insisting they are actively seeking investment but do not want to sell the club.

The Dubai-based equity investment firm, who bought the club in December following a protracted takeover from previous owner Ken Bates, said in their financial statements for the year ending December 31 2012 – which came to light yesterday – that they were negotiating to sell their stake in the club’s parent company LUFC Holdings for £7m more than they paid.