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Leeds takeover talks collapse

9 August 2012 18:16

Discussions regarding the possible takeover of Leeds United by a Gulf-based consortium have now collapsed.

Talks had taken place between a Middle Eastern group and current chairman Ken Bates over the summer.

But the Leeds United Supporters' Trust has now announced that negotiations between the two parties have completely broken down.

The trust posted on their Twitter account: "The Leeds United Supporters Trust can confirm that the deal to buy the club has now collapsed.

"We will be making a more detailed statement later on today once we have had the chance to establish more."

Discussions concerning a takeover were confirmed by the club on May 29, before a period of due diligence was granted to the potential investor on June 27.

Leeds manager Neil Warnock, meanwhile, has placed Robbie Rogers and Danny Pugh on the transfer list.

They join Billy Paynter, Paul Rachubka, Paul Connolly and Ramon Nunez on the list of unwanted players at Elland Road.

The 63-year-old has confirmed that he is looking to help fund moves to improve the club's attacking quality.

"We're looking at forward players and it might be that we have to move one or two on, so we're going to circulate the names of Robbie Rogers and Pughy on the transfer list," he told the club's official website.

"I've had a chat with both of them. In Pughy's case he's had a good pre-season and he's a bit unlucky, but in the areas I think he's good in I don't think he'll get much of a look-in.

"He needs to be playing games. It's not closing the door, but if we can generate some income it helps me with priority positions."

The former Sheffield United manager has confirmed that striker Billy Paynter is wanted by a number of clubs.

He continued: "Billy has spoken to a few. I'm not sure it's cut and dried with Doncaster and there's a few others in for him as well. He'll be well looked at because he's that type of player."

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Championship table

# Team MP D P
14 18 -6 21
15 18 -6 21
16 18 -5 20
17 18 -5 19
18 18 -5 19

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