29 Jul 2016 04:38:44
Story on news now site regarding a Chinese consortium is interested in buying the club, includes interview snippets from the leader! Very interesting indeed.

1.) 29 Jul 2016
29 Jul 2016 07:13:52
I've read that rumour Jonny and hope there's some truth in it, providing they are going to invest in the team which they are according to reports.

MM.

2.) 29 Jul 2016
29 Jul 2016 07:35:04
True that mate, time will tell if the story has any legs or not, but does sound positive. Let's just hope they do a complete buy out and get rid of GBH!

3.) 29 Jul 2016
29 Jul 2016 08:45:27
I think GFH will have to sell as Cellino would enforce a drag along right.

A drag-along right is a right that enables a majority shareholder to force a minority shareholder to join in the sale of a company. The majority owner doing the dragging must give the minority shareholder the same price, terms and conditions as any other seller.

Happy Friday peeps!

DTP, UTW

MM.

4.) 29 Jul 2016
29 Jul 2016 09:13:44
Read an article about this and maybe it's just the sceptic in me, but here is an extract. Steve Tappin is the chief executive of Xinfu, a company that works with investors to make huge return on their investment,

If there is truth in it then I hope they're looking at long term and not trying to make a quick Yen. Then again can our club be milked anymore? So maybe they could be our sugar daddy 😀.

5.) 29 Jul 2016
29 Jul 2016 10:32:46
I don't think we've got much left to milk have we JT? Tappin is a life long Leeds fan so presumably has our best interests at heart. He has claimed he wants to ensure that we can sustain Premier League football and the funds are there to do it. As an investment they must see the potential of being in the Premier League and staying there. That should be all the incentive an investor should need.

If this is going to happen it might happen very quickly as once the transfer deadline has passed, that'll be that for this season.

I'm hoping all of this is true. Going to get some cash on us for promotion before the odds plummet.
MM.

6.) 29 Jul 2016
29 Jul 2016 13:30:55
Good insight MM - never heard of a drag along before (well, only when my wife uses it to drag me along to the in-laws) .

7.) 29 Jul 2016
29 Jul 2016 15:11:02
The new super smart mm is a turn on!

8.) 29 Jul 2016
29 Jul 2016 18:02:11
I hope you're right Mick. David Haigh is a life long Leeds fan and introduced us to the only Arabs in the world with no cash. When I say not much more to milk, I mean in the way of assets. Although the biggest assets by far is our wonderful fanbase and it baffles me why nobody has taken us up on this. I'm not getting my hopes up, as I think we will be ok this year without new money, but if it does happen 40/ 1 with pal. I had a tenner as Indo every year. After all it came up for me in 1992 👍🏻.