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"It was confirmed today (4pm) that a financial deal has been reached and Leeds United Football Club has been saved from administration.
No details will be released regarding the financial arrangements of the agreement except to say an eight-figure deal was agreed between the Club and a Yorkshire-based consortium, following seven weeks of negotiations.
Spokesman for the Consortium and now chairman of Leeds United Football Club Gerald Krasner said: “We want to be solely judged by our actions, there has been too much speculation.
“There has been rumour and counter rumour regarding the future of both Elland Road and Thorp Arch and, once again, we can categorically reassure fans that Leeds United will not be moving from Elland Road.
“As for Thorp Arch, contracts were already in place to sell a tract of land at the training ground which isn’t currently used by the club, but there are no further plans to sell the site or move the Academy as it forms a crucial and integral part of our business strategy and the club’s future.”
The new owners and Board members of Leeds United are as follows:
Gerald Krasner – Chairman. Gerald is an insolvency practitioner and owner of Bartfields accountants. The company, headquartered in Leeds also has offices in London and Newcastle. Gerald is a life long supporter of Leeds United. Gerald will be the new chairman of Leeds United.
Melvin Helme – Corporate Finance Director. Melvyn brings with him many year’s of banking and corporate finance experience.
David Richmond – Commercial and Marketing Director. David – son of former Bradford City chairman Geoffrey Richmond - was also a member of the Valley Parade board and responsible for the Club’s retail and marketing division. David is also a successful entrepreneur in his own right and a life long season ticket holder at Leeds United.
Melvyn Levi – Board Director. Born and bred in Leeds,Melvyn is a successful businessman in h is own right and a former director of Bramley Rugby League Club.
Peter Lorimer – Board Director. Peter has a long association with Leeds United, both as a player and supporter. He still owns the record of 703 appearances for the club after being the youngster ever player to debut at Elland Road, at the age of 15. Peter also has a number of successful business venture behind him and currently runs a successful pub near to the Leeds’ ground in Holbeck.
Simon Morris – Board Director. 29-year-old Simon made his name as a property developer and enjoys an enviable reputation as a self-made businessman.
Gerald adds: “I would like to take this opportunity to thank everyone who has made this deal possible, specifically Trevor Birch, Neil Robson and Geoffrey Richmond, as well as the experts at Walker Morris solicitors and Baker Tilly accountants. Without their input and support then we could have been looking at a very different future for the Club but, instead, we are now poised to move forward and turn Leeds United around.”
We do not anticipate any further statements at this stage but a press conference has been provisionally arranged to take place at Elland Road, Pavilion, at 12 noon on Monday, March 22."
YEEEEEEEEEEEEEEEEEEEEEEEEEEES
No details will be released regarding the financial arrangements of the agreement except to say an eight-figure deal was agreed between the Club and a Yorkshire-based consortium, following seven weeks of negotiations.
Spokesman for the Consortium and now chairman of Leeds United Football Club Gerald Krasner said: “We want to be solely judged by our actions, there has been too much speculation.
“There has been rumour and counter rumour regarding the future of both Elland Road and Thorp Arch and, once again, we can categorically reassure fans that Leeds United will not be moving from Elland Road.
“As for Thorp Arch, contracts were already in place to sell a tract of land at the training ground which isn’t currently used by the club, but there are no further plans to sell the site or move the Academy as it forms a crucial and integral part of our business strategy and the club’s future.”
The new owners and Board members of Leeds United are as follows:
Gerald Krasner – Chairman. Gerald is an insolvency practitioner and owner of Bartfields accountants. The company, headquartered in Leeds also has offices in London and Newcastle. Gerald is a life long supporter of Leeds United. Gerald will be the new chairman of Leeds United.
Melvin Helme – Corporate Finance Director. Melvyn brings with him many year’s of banking and corporate finance experience.
David Richmond – Commercial and Marketing Director. David – son of former Bradford City chairman Geoffrey Richmond - was also a member of the Valley Parade board and responsible for the Club’s retail and marketing division. David is also a successful entrepreneur in his own right and a life long season ticket holder at Leeds United.
Melvyn Levi – Board Director. Born and bred in Leeds,Melvyn is a successful businessman in h is own right and a former director of Bramley Rugby League Club.
Peter Lorimer – Board Director. Peter has a long association with Leeds United, both as a player and supporter. He still owns the record of 703 appearances for the club after being the youngster ever player to debut at Elland Road, at the age of 15. Peter also has a number of successful business venture behind him and currently runs a successful pub near to the Leeds’ ground in Holbeck.
Simon Morris – Board Director. 29-year-old Simon made his name as a property developer and enjoys an enviable reputation as a self-made businessman.
Gerald adds: “I would like to take this opportunity to thank everyone who has made this deal possible, specifically Trevor Birch, Neil Robson and Geoffrey Richmond, as well as the experts at Walker Morris solicitors and Baker Tilly accountants. Without their input and support then we could have been looking at a very different future for the Club but, instead, we are now poised to move forward and turn Leeds United around.”
We do not anticipate any further statements at this stage but a press conference has been provisionally arranged to take place at Elland Road, Pavilion, at 12 noon on Monday, March 22."
YEEEEEEEEEEEEEEEEEEEEEEEEEEES
<<>> wrote:
> Thank god!
> come on you almighty whites!
Almighty they may be when they get to the first division, but they aren't whilst they're in the Premiership...
> Thank god!
> come on you almighty whites!
Almighty they may be when they get to the first division, but they aren't whilst they're in the Premiership...
Thank god!
come on you almighty whites!
come on you almighty whites!
Same old songs on a brand new stereo
It's great to hear that Leeds Utd are safe. To see a club with such a glorious history, fantastic ground and some decent players go out of business would be terrible.
Strangely enough, Leeds Utd was born out of a bankrupcy, being formed by a group of players and board members of the bankrupt Leeds City many years ago.
Strangely enough, Leeds Utd was born out of a bankrupcy, being formed by a group of players and board members of the bankrupt Leeds City many years ago.
To be honest, I don't care if we go down - we're safe.
Still going down though.
SAVED
What's with them all being called Melvyn?
Yorkshire thing?
Yorkshire thing?
"It was confirmed today (4pm) that a financial deal has been reached and Leeds United Football Club has been saved from administration.
No details will be released regarding the financial arrangements of the agreement except to say an eight-figure deal was agreed between the Club and a Yorkshire-based consortium, following seven weeks of negotiations.
Spokesman for the Consortium and now chairman of Leeds United Football Club Gerald Krasner said: “We want to be solely judged by our actions, there has been too much speculation.
“There has been rumour and counter rumour regarding the future of both Elland Road and Thorp Arch and, once again, we can categorically reassure fans that Leeds United will not be moving from Elland Road.
“As for Thorp Arch, contracts were already in place to sell a tract of land at the training ground which isn’t currently used by the club, but there are no further plans to sell the site or move the Academy as it forms a crucial and integral part of our business strategy and the club’s future.”
The new owners and Board members of Leeds United are as follows:
Gerald Krasner – Chairman. Gerald is an insolvency practitioner and owner of Bartfields accountants. The company, headquartered in Leeds also has offices in London and Newcastle. Gerald is a life long supporter of Leeds United. Gerald will be the new chairman of Leeds United.
Melvin Helme – Corporate Finance Director. Melvyn brings with him many year’s of banking and corporate finance experience.
David Richmond – Commercial and Marketing Director. David – son of former Bradford City chairman Geoffrey Richmond - was also a member of the Valley Parade board and responsible for the Club’s retail and marketing division. David is also a successful entrepreneur in his own right and a life long season ticket holder at Leeds United.
Melvyn Levi – Board Director. Born and bred in Leeds,Melvyn is a successful businessman in h is own right and a former director of Bramley Rugby League Club.
Peter Lorimer – Board Director. Peter has a long association with Leeds United, both as a player and supporter. He still owns the record of 703 appearances for the club after being the youngster ever player to debut at Elland Road, at the age of 15. Peter also has a number of successful business venture behind him and currently runs a successful pub near to the Leeds’ ground in Holbeck.
Simon Morris – Board Director. 29-year-old Simon made his name as a property developer and enjoys an enviable reputation as a self-made businessman.
Gerald adds: “I would like to take this opportunity to thank everyone who has made this deal possible, specifically Trevor Birch, Neil Robson and Geoffrey Richmond, as well as the experts at Walker Morris solicitors and Baker Tilly accountants. Without their input and support then we could have been looking at a very different future for the Club but, instead, we are now poised to move forward and turn Leeds United around.”
We do not anticipate any further statements at this stage but a press conference has been provisionally arranged to take place at Elland Road, Pavilion, at 12 noon on Monday, March 22."
YEEEEEEEEEEEEEEEEEEEEEEEEEEES
No details will be released regarding the financial arrangements of the agreement except to say an eight-figure deal was agreed between the Club and a Yorkshire-based consortium, following seven weeks of negotiations.
Spokesman for the Consortium and now chairman of Leeds United Football Club Gerald Krasner said: “We want to be solely judged by our actions, there has been too much speculation.
“There has been rumour and counter rumour regarding the future of both Elland Road and Thorp Arch and, once again, we can categorically reassure fans that Leeds United will not be moving from Elland Road.
“As for Thorp Arch, contracts were already in place to sell a tract of land at the training ground which isn’t currently used by the club, but there are no further plans to sell the site or move the Academy as it forms a crucial and integral part of our business strategy and the club’s future.”
The new owners and Board members of Leeds United are as follows:
Gerald Krasner – Chairman. Gerald is an insolvency practitioner and owner of Bartfields accountants. The company, headquartered in Leeds also has offices in London and Newcastle. Gerald is a life long supporter of Leeds United. Gerald will be the new chairman of Leeds United.
Melvin Helme – Corporate Finance Director. Melvyn brings with him many year’s of banking and corporate finance experience.
David Richmond – Commercial and Marketing Director. David – son of former Bradford City chairman Geoffrey Richmond - was also a member of the Valley Parade board and responsible for the Club’s retail and marketing division. David is also a successful entrepreneur in his own right and a life long season ticket holder at Leeds United.
Melvyn Levi – Board Director. Born and bred in Leeds,Melvyn is a successful businessman in h is own right and a former director of Bramley Rugby League Club.
Peter Lorimer – Board Director. Peter has a long association with Leeds United, both as a player and supporter. He still owns the record of 703 appearances for the club after being the youngster ever player to debut at Elland Road, at the age of 15. Peter also has a number of successful business venture behind him and currently runs a successful pub near to the Leeds’ ground in Holbeck.
Simon Morris – Board Director. 29-year-old Simon made his name as a property developer and enjoys an enviable reputation as a self-made businessman.
Gerald adds: “I would like to take this opportunity to thank everyone who has made this deal possible, specifically Trevor Birch, Neil Robson and Geoffrey Richmond, as well as the experts at Walker Morris solicitors and Baker Tilly accountants. Without their input and support then we could have been looking at a very different future for the Club but, instead, we are now poised to move forward and turn Leeds United around.”
We do not anticipate any further statements at this stage but a press conference has been provisionally arranged to take place at Elland Road, Pavilion, at 12 noon on Monday, March 22."
YEEEEEEEEEEEEEEEEEEEEEEEEEEES