Leeds Rumours Archive February 03 2014

 

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03 Feb 2014 23:27:30
gfh set to meet 2 joint consortiums tomorrow (Tuesday) salah noorudin has said GFH need to remain as club owners and the club WILL NOT go into administration if no one takes over cellino bid will hopefully fall though the 2 join consortium is sports capital and the other a Leeds consortium, led by local businessman Mike Farnan and which also includes Welcome to Yorkshire chief executive Gary Verity and former Hull City chairman Adam Pearson they have promised to match the bid

Believable24 Unbelievable6

'Hopefully' Cellino bid will fail? Don't believe the hype. Does it not trouble you that the football press (usually slanted against Leeds) are now disgusted that someone with a lot of wealth at his immediate disposal, wants to do everything possible to get us back to the Premier League. Oh, we'd all love 'George Whitbread & Co' to be in charge of Leeds, but a bunch of Yorkshire folk rarely have two brass farthings to rub together and then we're back to being skint and hacked off. perhaps even inviting the receivers back in. Take five minutes to actually think about it and then re-evaluate what you're actually hoping for.

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04 Feb 2014 00:46:43
check his net worth its around $250m (£150M) so we minus the 25m for the club £125m left then we minus the wage bill (for 1 year) 15m £110m elland road and Thorpe arch take away 20m plus the major investment he speaks of we will call it 10m plus other costs then the wages for the next year ahead let's say a bit less around 70m left by next year his really going to spend that much of his wealth

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Whose net worth? Cellino is worth over a billion dollars. Farnan, Pearson and co. have a few million but the amount of money Leeds needs would chew them up and spit them out.

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"Take five minutes to actually think about it and then re-evaluate what you're actually hoping for."

Er, maybe you'd like to take 5 minutes (or less) and ask yourself why this guy has been in charge of a team for 20 years and it hasn't ever won a major trophy? Now question why he has so much money (well assets anyway, allegedly?)

Maybe you'd be happy going back to a Bates type regime with players being sold on and the money not coming into the club, and the threat of legal action against the owner?

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It appears that he wants to sell his other club Cagliari and he's asking around 90m. Got that from talk sport. Plus he's worth more than 125m by a mile. Think abramovic kinds of money! I don't like him. He's too shadey. But he doesn't seem to hide that fact though!?

MOT

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Why would anyone if not mega rich invest in Leeds?Can a bunch of ex chief executives or chairmen have the funds to take Leeds forward?Why would an ex Man U and Hull chief ex have a love and loyalty to LUFC?Had the wool being pulled over our eyes again?In the 2 months build up to the collapse, 2 days before the transfer deadline, having only heard of Mr Cellini right at the end, the messiah has arrived, only for the fiasco to turn a lot of fans and media against him.In comes Mr Haigh the incompetent MD to the rescue again with a consortium twice the size of the first, with some funds to probably just keep the club pooling along untill we can find a rich investor.Who coincidentally will start negotiations just before the summer transfer window, only to crash a couple days before it closes .I fear Mr Bates has schooled them well.

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04 Feb 2014 07:32:50
all these fans seem to think we are going to be like man city rich .

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Selling cagliari or 90 m euros

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According to some reports his business's earning £200m per year. We don't know what he's really worth but its also hard to believe that he'd jump into this if he hadnt got the clout.

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The Italians family makes 250 mill euros a year so let this guy in because 2 many want no really money buisness men this consortium, just full of lies and no money to back it up what a consortium gfh were

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To the poster who thinks there is a press conspiracy against Leeds (as if!), do you really expect them to say nothing when this happens, This is a key test of football governance in this country, after a series of bad owners. Cellino has behaved outrageously, and should be allowed to own a major British institution. What you want is for people to sell out.

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No I don't want people to sell out, I want beloved team to have a future.Not going from month to month close to financial meltdown.If you believe football clubs are built on just the love of the fans you are mistaken, they need money to survive.In the last 12 years has the club invested any money, or is it continually been drained of money or talent.Has any owner of ours dipped into there own pocket?or has the club been living off gate receipts and player sales, and still losing money.Is it unfair to wish for someone with money to own our club?To the poster who said all Mr Cellini has done is take a 3rd tier club to top division, and now he is looking to sell for 90 million Euro's?Imagine taking York City from division 1, keeping them in it for 10 years and they are worth 90 million Euro's!thats without owning there own ground?Some Business man I think.It also makes them a bigger club then Leeds.Dont you think?

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He is worth way more than 125m and like everyone said, he is selling Caliagri, plus he makes around 200m a year.

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Cellino can afford to buy the club 20 times over, if he is in charge money won't be an issue.

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04 Feb 2014 20:02:48
Riley is:
http://www.liverpoolecho.co.uk/news/liverpool-news/merseyside-businessman-terry-riley-behind-6664095

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03 Feb 2014 22:59:45
According to the Guardian it is highly likely that Cellino will pass the Owners and Directors test. It is down to the Mike Flowers Pops or whoever is in the other consortium to fight their corner now. May the best men win. Providing they can give us a competitive team and a sustained future including our own ground and training facilities. Step forward the future custodians but before you take us on make sure you know what the words LEEDS UNITED mean to so many people.

Believable20 Unbelievable7

03 Feb 2014 18:30:14
Cellino's lawyer escorted off site by security and Haigh and Patel.

Fawksey

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Sounds abit dramatic are you at the ground fawksey

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{Ed013's Note - Its true, it happened today}

Yes that did happen today. its been pretty disgraceful all round to be honest. this cellino's integrity and sincerity worries me (lack of) however do you think he may have realised just what an awesome animal he is dealing with after his own events this weekend having met dozens of fans trying to get to him in the taxi, the fans outrage at the game. I mean with his money and bmac allowed to run the team and input into new players, it could be a dream well made. get the ground and thorpe arch back and still utilise the academy. will cellino be taking a different perspective knowing he just cannot shoot from the hip over here.he has done well with cagliari. small club with small population. any thoughts anyone?

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I read that somewhere, but even if it's true, so what? Once Cellino has control he can do what he want, and the "sacking" is just a part of his normal, erratic behaviour. GFH are probably just embarrassed that they've been seen to do business with him. It makes their judgment look extremely poor, especially when they tried to please the fans by talking about stability. Patel talks of being shocked Well, why be shocked when everyone knows the guys reputation?

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He might be back in a few days ed and sack the lot of them

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{Ed013's Note - He could well do that}

I hope he does sack em all, it's a circus, we need money lots of it, passion and determination, The italian has it all! This Mickey Mouse so called joint consortium will end in tears as will Brian 'I haven't got a clue' MC Dermott's reign at Leeds, I want Grayson reinstated, or Wilkinson!

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DO we know for certain that Cellino ordered the lawyer to sack BMD, or could he have worked off his own back?

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I am suspicious that the events of this weekend was a stroke of genius manufactured by the consortium of consortiums. Being unable to raise sufficient funds themselves they need a catalist to draw them together as a united approach to raise the 75% funds. The main protaganists allow Cellino to get involved. His presence is not enough to galvanise the other parties into forming an alliance - they need him to attack our greatest asset - BMD.

They allow and possibly encourage Festa to attend training whist welcoming the LAWYER with open arms ensuring that he and Cellini expose themselves to the players, BMD and the Press.

The lawyer, Chris Farnell is very experienced - Google his name and look what he has achieved.
Cellini is very confident of taking over the club, how does he announce this and make his mark? - by sacking BMD of course.

The Football World is in uproar, serious questions are been raised about Cellini being a fit and proper owner. Supporters march on ER, 31,000 voices in unity sing loud and proud the name of BMD.

Directors and Chief Executives offer ther resignation and quickly withdraw them (it's part of the plan), GFH announce that BMD is safe in his job and will take LUFC forward.

BMD takes training on Monday with a full press conference reassuring everyone that he is dedicated to running this great club.

Finally, the consortium of consotiums realise how close they become to missing out on holding on to this great club.

a couple of disceet phone calls made here and there and the two consotiums start talking to each other.

The cherry on the cake is Cellini's Lawyer been escorted off the premises by Haigh and Patel.

A double cross has become a triple cross, Cellinin has been used and discreited whilst bringing these investors together.

One they didn't into account was the thrashing of Uddersfield - Perfect Result!

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03 Feb 2014 21:32:21
Yes we know for sure (despite his later denials! Liar) because LUFC staff have a copy of the letter he signed sacking Brian NcDermott on LUFC headed paper!

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The guardian reporting that cellino likely to pass fpp as convictions are spent good news in my opinion as he is the only person to put up rather than talk about it! the revolution has begun mot

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"I hope he does sack em all, it's a circus, we need money lots of it, passion and determination, The italian has it all!"

I am sick of hearing how much money this Cellino has got, why do you think he has owned his present club for 20 years and not won a major trophy in all that time? You don't get rich by buying a football club and throwing all your money at it?

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Do we still trust GFH, at least with cellino what you see is what you get?

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04 Feb 2014 17:36:33
Grayson back are you mad! we were 10 points clear in Division one, but ended up limping over the line, he couldn't lift the players when they hit a bad patch

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03 Feb 2014 18:28:59
cellino bid sunk

fawksey

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I know what cellino did to BMD was wrong on every level but it sounds like GFH are skint and this other supposed consortium seem light years behind Cellino on the money stakes so great let's all celebrate Leeds going into administration before long if Cellino backs out. Some fans need to pull their heads from up thier behinds and realise Cellino is best man for long term stable financial future of club

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And if it is congratulations to the vocal minority who think they speak for all us Leeds fans. I for one can see he stopped the sale of Ross. We need this mans money. The other bidders had their time and they failed. I suspect legally all GFH can do us speak to the bidders. You forget the statement of GFH states they have agreed a sale to Eleonora Sport Ltd. You cannot withdraw from a sale unilaterally.

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Man I really hope not, all deals sunk sounds like we left in a bad place.

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Bit difficult to sink it when gfh accepted bid and money is in the bank.

allan

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Where is your proof off this? or are you one of the brigade of supporters who will say anything to try and force Cellino out? I feel that Cellino is our only hope, he may not be a pure white night riding in on his horse but at least he has a horse. all the other posers trying to buy Leeds are exactly that posers.

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03 Feb 2014 21:58:10
Let's hope not!

The consortium is only a consortium because it is the only way they can raise the money.

Cellino is truly minted and I think I am safe to add - FACT
He can invest the sort of money that needs to be invested to bring success once again to this Great Club

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Some are so shallow, money over morals?We don't need convicted money. BMc is a class act, he needs the right people behind him, not ones that sack managers every week. Tell me if he is such a owner, what has he won in Italy?

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03 Feb 2014 23:05:38
It has been shown in previous years that money doesn't buy success in the championship. Look at Swansea, Norwich, stoke etc
The first challenge is to get to pl then goalposts move financially and lufc becomes viable again.
Which is the more likely path to get us there. With just sensible funding - Brian McDermott all the way!

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"I know what cellino did to BMD was wrong on every level but it sounds like GFH are skint and this other supposed consortium seem light years behind Cellino on the money stakes so great let's all celebrate Leeds going into administration"

Cellino obviously doesn't care about ethics and that must already ring alarm bells? How come he has owned a club for 20 years who has won NOTHING in that time if he has money to chuck about then?

If Enterprise and Flamingo Land pull out of Leeds then there would be even more of a loss for GFH? And there would still be the money owed to Haig & co for running the club and transfers?

I'd rather have a steady three or four year plan than a hot headed untrustworthy owner - even Bates didn't try and break the rules BEFORE you even owned the club?

Leeds will not go into administration so drop all that crap.

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Have all the steady plans you like, gfh 3 year plan busted in less than a year.

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03 Feb 2014 17:16:30
reported that sports capital bidders included terry riley from liverpool and also someone based in monaco. Surely its another millionaire and not uncle ken!
the l'.pool echo

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It's Andy Flowers. He lives in Monaco.

I'm sure anyone bidding the club would be smart enough to make sure old Ken would be far far far away. Preferably further away than Monaco.

crmd

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I don't get all this talk of rival bids etc as far as I understand. As the law says offer+accpetance=contract, u can go entertaining other offers the clubs been sold, unless somethings up with fl approval?

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We know Cellino has the money too put Leeds back on the road to recovery, the others haven't. With BMD given the chance to improve the squad as he wants, it maybe the best chance we'll get.

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03 Feb 2014 18:51:08
it collapsed mate this is from the paper

"Meetings have been held over two continents and the deal was so close to being completed. David Haigh, Leeds United MD and Andrew Flowers, who led the consortium, have been a pleasure to work with.

"We developed an excellent working relationship with them over the past six months and like us they are devastated by events.

"Sadly though the takeover has now collapsed and we want to move forward with other property development transactions we are currently involved in."

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03 Feb 2014 18:52:51
Mersey businessman Terry Riley behind bid to buy Leeds United

3 Feb 2014 16:00

Ascot Property Group owner 'bitterly disappointed' to lose out to Italian Massimo Cellino, who is yet to gain Football League approval

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That's not actually correct as you will know if you have purchased a house. It is not a binding contract when you have made an offer and they have accepted. At its simplest a contract requires an exchange of an asset for a pec unitary amount, sometimes for as little as £1. If you read GFH commentary they state that they have "agreed" the sale but do not state that they have "sold". Also the buyer would not complete the purchase until after he has obtained FL clearance for obvious reasons. This is a simple analysis, in reality what constitutes a contract and sale can be more complicated, before some smart Alec steps in and types a more complicated answer, I have kept it simple. I do this sort of thing for a living. Consequently, unless GFH granted some sort of exclusivity or are liable for cost if they do not exchange and complete on the transaction, they can talk to whomever they wish. Again, to use the house purchase analysis, you can always be gaze pec until you complete/both parties sign on the dotted line and funds are transferred in the amount contained in the contract.

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Google Terry Riley Liverpool and see if you'd prefer him in charge over Cellino

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03 Feb 2014 19:54:03
If you research Massimo Cellino you will find one of his past times is rally car driving in Monaco!

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Since when are SPA agreements exchanged since you do this for a living? They can talk to anyone but Cellino is buying. It's time to move on now.

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Ah I see so in reality, unless cellino fails fl approval hell br taking over, i'm sure the fl couldent aprove someones request after his. given that he meets the requirments

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I was keeping it to a simple easily understood analogy given neither you nor I know the exact deal arrangements and these can be done in a multitude of manners. And yes I have done this, having been involved in buying and selling companies in the capacity of finance director for buyers and sellers.

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Bates is back! And this time no more Mr Nice Guy! No not really ;)

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Monaco = Flowers
Dubai = Haigh
Majorca = Davidson

Davidson is only a rumour, but it does seem to fit

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03 Feb 2014 15:57:20
New consortium including Flowers and Farnan to meet GFH tomorrow for talks. Lucas - are you there? Legends Radebe, McCormack and McDermott singing from the same hymn sheet?

And they say they will match the Italian bid! MOT

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Here we go again, another takeover plan, drawn out over months, with them giving little tidbits of information every few weeks, I just want it OVER! getting to the point where I really don't care, Cellino, Haigh/Flowers, GFH, Someone just buy us.

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Question is though have they got the financial backing to match Cellino because he and his family look like they're billionaires

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Please no, someone else with no money. The worse ship to sail is a partnership. This consortium has god knows how many people in it. This Italian has the loot and I would love to see him blow it at my beloved club

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No No No Not 2 consortiums! Big mistake, No money to invest. Not to mention all those paypacks 2 consortiums will drain from the club! Give Super Mario a chance. At least He has a pot to p. in!

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"This Italian has the loot and I would love to see him blow it at my beloved club"

Not done much with his own club has he? What makes you think he's in this for OUR benefit then?

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Exactly, it's one thing matching a bid for the club but can any of theses partnerships match his wealth? He may well be a complete turkey if he gets ownership but we need someone with deep pockets and long arms because every year it gets harder to play catch up with the big league.

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Simple let cellino buy the club with his millions to invest let's hope he gives McDermott the chance to prove him wrong which I think he will do so doesn't get leeds fans on his back

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Singing from the same skint hymn sheet

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TBF Cellino got Cagliari from Serie C to Serie and has spent a lot of moeny. It is the manager who decides what players they want (usually) if McD gets the funds and spend well they could be a good pair, providing Cellino keeps him on.

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Just been on calendar that he's bought the club paid gfh the 25m just waiting now for football league approval which he will get as he's started English company in his sons name done deal

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If we go with flowers etc expect to be in this division for a long time .we need hard cash to get out of the championship .its getting harder every year now the massive umbrella payments are being given to the relegated from the prem .go with cellino

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The club made an agreement and announced it pub locally, they would be selling the club to Eleonora ltd, Mr Cellini's family business.As far I know that is end of, unless he is not approved by the FL or drops his price akaSports Capitol(who I now hear are teaming up with another bunch of chancers, are they intending to pay full price now, what a difference a few days make)then it is a done deal.

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Cellinos lawyer who sacked BMD escorted off the premises at Elland Rd.

Cellinos bid sunk

Fawksey

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Whether you like it or not, if Cellino is serious about Leeds, he has the finance behind him, to do something about it, we don't even own our stadium and training ground? So he must have some idea what he's taking on, and how too go forward. Can't be any worse than we've put up with for years!

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03 Feb 2014 20:20:32
It's really tempting to accept someone with lots of dosh, but the guy is a crook. People might say it's in the past, but who knows what kind of trouble he could get the club in if he tried anything here? He's a liar too. He first said McDermott was doing everything to get sacked, then after the furore he back tracks and says he didn't want to, and didn't have the authority to do so. He has already fed us bs before he has taken control.

No thanks.

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Ho hum. strange how farnan indicated he had the funds all set up but now needs to join forces with flowers who could not come up with funds before. partners always fall out

allan

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03 Feb 2014 14:37:53
"We have an Italian player, " McDermott added.

"I'm not sure the deal has been ratified (by the Football League). I don't know the player, he came on transfer deadline day. If the player has been ratified he will get the utmost respect and opportunity if we feel he can help us."

Taken from his press conference today.

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It'll be one of those that's been mentioned over the last few days. Think BMD sounded resigned to fact that he'll be on his way if/ when Cellino takes over.

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It can only be Tabanelli, it could be good, given football league approval, he's fairly young, and hopefully he's a creative spark in midfield with that bit of flair that we need. Austin, Murphy, Mowatt and Brown aren't doing a bad, job, there just all very similar.

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Bring on the money

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It can only be Tabanelli, it could be good, given football league approval, he's fairly young, and hopefully he's a creative spark in midfield with that bit of flair that we need. Austin, Murphy, Mowatt and Brown aren't doing a bad, job, there just all very similar.

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Bring on the money

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How can this be right, we have an Italian player, how can the manager not know who he even as in his roster, this is just ridiculous

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Maybe you haven't been paying attention the last few days, when Brian was 'Sacked' he left the club briefly, on his return on Monday there was a new player there, who had been signed whilst Brian was away without his knowledge.

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03 Feb 2014 20:13:29
Come on guys keep up. The new player is Andrea Tabanelli (midfielder) he has been listed on the Club's official site all weekend. Check it out. Though Brian did say earlier today that he is not sure whether or not the transfer has been ratified by the FL.

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03 Feb 2014 22:25:38
the situation is wrong with this player been brought in behind mcdermotts back . infact everyone knew cellino was trying to loan 3 or 4 players for leeds but why? its not his club .
hes not the right man for leeds united .
he comes and puts an offer on table and thinks he can sack the manager, sign players and install a new manager . the thing I don't get is some fans seem to think this is ok .

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03 Feb 2014 13:05:09
On the official site, photos of McDermott taking training this morning. They surely wouldn't bother publishing that if he was going to be sacked.

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Haigh and patel winding up Cellino I suspect!

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Aye, but I suppose it depends on whos behind the site at the moment, if it's part of the marketing team then more than likely they'll just be doing their jobs as best as poss, without any info about what to put up or leave out.

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03 Feb 2014 11:10:35
Press conference 1pm, where Brian McDermott will resign as Leeds manager after meeting with players this morning, these are strong rumours coming out of elland rd.

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I doubt he will resign as he will not be entitled to any compensation. More likely he will wait until he gets the sack if the mafia buys the club and take the redundancy.

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Why would McDermott resign and lose any kind of compensation?

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Hope your wrong but I and am sure most fans wouldn't blame him if he did.

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Why take training then resign? doesn't make any sense.

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Can't blame him if that is the case. I'm not one of the believers who claim he is the messiah of Leeds, but nobody deserves to be treated the way he has.

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On live blog, Brian has stated that he wants to be/stay as Leeds manager . so not resigning!

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Listening to ssn radio
bmd has not resigned
he may resign or get sacked if cellino ends up buying lufc/successful with the fl/fa approval
time will tell
mot

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McDermott is publicly stating he will be staying!

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Just watched the press conference and there is no way that BMD is looking at resigning.!

Where did you get that rubbish from?

Lifelongleedsfan

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Brian McDermott will never walk away he is loyal and is not a coward!

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"Strong rumours coming out of Elland Road" eh? So after seeing Brian's emotional press conference and the magnificent way he praised us Leeds fans, WHY would you make up these scurrulous "rumours" when obviously there couldn' have been "Strong rumours coming from E.R". SHAME ON YOU>

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He's still here!

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How wrong can you BEEEE

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Amazing. Are these the same Leeds Fans that were at Rochdale telling the team and BM to go forth and mulitply. And now are all Loved Up with BM. What I think we need is a massive shake up! Viva Cellino.!


--------------------------------------------------------------------------------

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03 Feb 2014 09:18:02
BM is back! tv via bryn law.

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Fantastic news- welcome back mac

mot

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All loyal knowledgable leeds fans wanted BMc back. Leeds, leeds, leeds.

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Welcome back gaffer, playoffs here we come.
Snoopy MOT

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The events of Friday night and Saturday clearly demonstrated the positive impact true Leeds United supporters can have on our clubs destiny. 30,000+ crowds acting in unity with ONE VOICE has sent a very clear message to an almost worldwide audience and a mega wake up call to GFH-C (and every circling potential investor). Whilst I do not condone chasing taxi's or similar acts which may lead to violence/intimidation of any individual, everyone looking in from the outside cannot doubt our passion and support toward our club, our manager, his staff and players etc. Welcome home Brian and may the force be with you from here on in as we follow your lead and all move in the same direction-UPWARDS!

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Amazing. Are these the same Leeds Fans that were at Rochdale telling the team and BM to go forth and mulitply. And now are all Loved Up with BM. What I think we need is a massive shake up! Viva Cellino.!

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03 Feb 2014 08:36:05
look north reporting sports capital and together leeds have joined forces in a last minute bid for our club

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Why put unbelievable when it clearly states it on the news - is that you cellino LOL

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Haha negative Nancy here, but Haigh has been lying to the fans all along and farnan has no money he is just another media hungry business man.
We've had enough of them for a life time, this great club will only move forward with real player investment not communitybuilding.

Cellino seems like he will do that, yes he will want to pick the players we buy but this method hasn't done ac Milan, Barcelona, real Madridor all the other incredibly successful clubs around the world any harm.
Snoopy MOT

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So the 2 groups are joining forces?That's all fine and good, but of all the names that have been made public, which 1 has the money to take the club forward?

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Cellino has owned Cagliari for over 20 years and I don't see them setting the European Football World alight. Or am I missing something?
PeteMOT

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Give Cellinio a go money talks and He's got more than high and co.

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Yes pete you are missing something, callergi are the equivalent of huddersfield town and he's kept them in the Sierra A league for 20 years . Sierra A is far better than the championship . So not bad hey! Mot

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No money + no money = no money . Hope Cellino gets us, he has to much passion for the game to buy us for the sake of it .

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We don't need a mega rich owner, we need one that will bring stability - MOT

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Ed I saw this in an Irish Paper last week. Is this the same Mike Farnan?

29 January 2014

Dublin GAA have made two senior appointments to its newly established Commercial, Marketing and Brand Development division.

Mike Farnan joins as a Senior Consultant with responsibility for the strategic development and execution of the commercial and brand development initiatives targeted in "Unleashing the Blue Wave - a strategy for Dublin GAA 2011 to 2017".

Mike is a very experienced global sports marketer who brings a wealth of experience of the business of sport from his previous board level roles at Sunderland FC, Sheffield United International, Jordan Grand Prix and Manchester United.

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{Ed013's Note - Yes it seems it is mate}

Cagliari only get crowds the size of the pie queue at leeds, that's why he wanted to relocate the club on the island where the population was, but was rejected.
Not keen but we need good hard cash, let's hope he takes on board our fans views- if that happens it could be great!

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Ed is it not strange that he would take on a new position while he is trying to buy out Leeds? Does he have the finances to take us over?

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{Ed013's Note - I don't think he does, but whoever his backing are in the Consortium must have. I believe Cellino would have more money to taje the club forward, but I think it would be one roller-coaster of a ride. Every time Leeds went on their Xmas slump there would be a new manager in the dugout etc}

Can they even do this now? given that GFH have already agreed to sell to Cellino, if/when he gets football league approval?

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