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This doesn't bode well....

Apologies if this has already been posted....

"Leeds United suitor looks to have little financial muscle"

http://www.reuters.com/article/2012/10/16/us-gfh-leeds-insight-idUSBRE89F0GN20121016

posted on 16/10/12

ruphio................Unusual username.................................................................................................................................sounds like something Tusc has on top of his house

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laughed out loud

I suppose Highland, you'll have a McRoof on top of yours

posted on 16/10/12

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posted on 16/10/12

.... fair one Tusc

posted on 16/10/12

Hope so Tommy, I did think that GFH were acting on behalf, but then it seemed they were acting for themselves, all a bit mixed up isn't it.

posted on 16/10/12

The thing is, all these reports refer to Gulf Finance House, GFH.
David Haigh is head of GFH Capital, ok it's a wholly owned subsidiary but i believe it,s accounts are seperate so this might put a different view on things , hope so anyway.

posted on 16/10/12

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comment by Mattyp (U8926)

posted on 16/10/12

If you wanted to pass all your debt to another company there is quicker, easier and cheaper ways to do it than buy Leeds united.

posted on 16/10/12

Here's one for you to consider meme, it might help to stop you thinking about LUST's role (which Leonard Hofstadter has excellently explained) in all this:

Reuters are owned by the Rothschilds (richest bods on the planet). They (reuters) seem to be very happy to shine a light on the perceived weaknesses of GFH / GFHC 's finances and their bid for LUFC. This can only mean one thing: expect a surprise last minute gazumping (of the GFHC bid, if there is one?) by some unknown gazillionaire Rothschild that has always had a soft spot for LUFC

I dare to dream

posted on 16/10/12

If you wanted to pass all your debt to another company there is quicker, easier and cheaper ways to do it than buy Leeds united.
....
If they do it at the biggest football club in England then there's a very good chance it can be done here. And they may have a go at getting us up to win the prem money first bring players in then move on and leave it with us and blame it on player costs or maybe a hotel?

An not saying it is going to happen but it does not look good with out more info does it?

posted on 16/10/12

It's a case of 'business as usual' for Leeds United isn't it? Nothing likely to run smoothly at the house of ER. Add the procrastination over the 'non-marquee' signing of one Ryan Hall and one wonders if this actually might be our season after all!!

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