Leeds United Confirm the Consortium Behind Takeover Bid

Leeds United have announced the details and unmasked the men behind the takeover bid and have revealed that it is very close to completion.

Sport Capital is on the verge of acquiring a minimum 75% stakeholding and counts.

Andrew Flowers, the Managing Director of the club’s main sponsor Enterprise Insurance and a lifelong Leeds fan is one of the men behind Sports Capital.

Flowers commented: “I’m delighted to confirm that I am part of the consortium that will be acquiring the major shareholding in the club.

“As a lifelong Leeds United fan and as a businessman, I can assure other fans, that while the process is being finalised, we have been working hard to ensure that our due diligence was completed as quickly as possible and that there are funds in place ahead of completion to support the manager during the opening weeks of the January transfer window.”

Current Managing Director David Haigh, also part of the group wants to give funds to the manager Brian McDermott with the hopes of strengthening his squad in the current Transfer Window.

In a recent statement he commented: “Completion is something we have been working very hard to achieve. We’re now past the holiday periods of Christmas and New Year and we’re looking forward to completing shortly.”