Leeds Rumours Archive February 22 2013

 

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22 Feb 2013 23:15:26
i was at the city game last weekend and saw steve clarke in the executive seats. could of been spying on byram?
JD

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23 Feb 2013 11:43:12
That's funny he led a training session that day bit weird being in two places at same time

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No he did not as got his autograph at services

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22 Feb 2013 22:45:32
Andrew Davies was set to join Leeds from Bradford prior to injury. He starts on Sunday and will join LUFC on emergency loan with Wells after their defeat to Swans

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Why would Bradford send WELLS out on loan when he's playing so well at Bradford? Am I missing something or is this just a load of old B/S

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22 Feb 2013 15:41:05
Gfh capital net profit of 10 mill This is due to income generated from the Leeds United football club investment and others ill let you read the rest yourself

http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=347947

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But this is only because the bought for X but leeds is worth Y, so they only made a profit on paper whic is the difference between purchase price and value price

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22 Feb 2013 21:19:36
The main worry is GFH have a level of restructured debt of 190 millon dollars, compared to their cash and present level of activity. They have breathing space with longer time to pay off debt (till 2018), but 190 million is a lot of debt for Leeds to be expected to make large inroads into. GFH will be doing all they can to maximise profit for themselves and have already shown little desire to spend at Leeds so far. Bad news Leeds are just there to milk to try and help save parent company.

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This may or may not be splitting hairs, considering we don't really know a great deal about the structure of LUFCs new ownership, but that article is about GFH, not GFH Capital.

MattP

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If you read the article correctly it states profit from luff deal and others. So doesn't really say anything.

Also they have a portfolio worth billions and there are many different multi billionaire investors so doubt they will be to worried.

Also they bought leeds as and investment and will sell off parts for more investment that's what they do as there name states gfh investment bank

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