repeat_offender Posted January 31, 2014 Share Posted January 31, 2014 He was treated very badly this week by the club, all the best for the future Brian. 0 Quote Link to comment Share on other sites More sharing options...
repeat_offender Posted January 31, 2014 Share Posted January 31, 2014 (edited) What the hell is going on at Leeds. Looks like the are going to head back to the dark days of the early 80s at this rate. Well it looks like we're deep in debt, future income has been mortgaged and it's likely a convicted fraudster is about to take control at the club. Edited January 31, 2014 by repeat_offender 0 Quote Link to comment Share on other sites More sharing options...
The Naitch Posted January 31, 2014 Share Posted January 31, 2014 Ross McCormack is on Sky Sports News just now, he sounds gutted about it all. 0 Quote Link to comment Share on other sites More sharing options...
7-2 Posted January 31, 2014 Share Posted January 31, 2014 No great surprise about McDermott other than he lasted this long after the Wednesday debacle. 0 Quote Link to comment Share on other sites More sharing options...
The Naitch Posted January 31, 2014 Share Posted January 31, 2014 Leeds' main sponsors have now pulled out in the wake of the McDermott sacking. All kicking off at Elland Road. 0 Quote Link to comment Share on other sites More sharing options...
JakeSAFC Posted January 31, 2014 Share Posted January 31, 2014 Absolute disgrace. The club is a mess. OHH BRIAN MCDERMOTT 0 Quote Link to comment Share on other sites More sharing options...
repeat_offender Posted January 31, 2014 Share Posted January 31, 2014 Leeds' main sponsors have now pulled out in the wake of the McDermott sacking. All kicking off at Elland Road. The fact that GFH gave Andrew Flowers the run around when he attempted to buy the club won't have helped. 0 Quote Link to comment Share on other sites More sharing options...
NE63 exile Posted January 31, 2014 Share Posted January 31, 2014 Listening to Bryn Law on SSN it sounds an absolute mess. 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted January 31, 2014 Share Posted January 31, 2014 Sports Capital wanted their £6 million back from GFH who didnt/dont have it. Cardiff offered £5.6m for Ross, GFH said thank you very much, Mcdermott said no chance and was sacked. 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted January 31, 2014 Share Posted January 31, 2014 (edited) As fotr the game the morrow. Ross has tweeted for all the fans to turn up and roar the team on to win. I will be their doing my bit. Edited January 31, 2014 by WE ARE LEEDS 0 Quote Link to comment Share on other sites More sharing options...
jagfox Posted February 1, 2014 Share Posted February 1, 2014 Bye bye Brian 0 Quote Link to comment Share on other sites More sharing options...
JakeSAFC Posted February 1, 2014 Share Posted February 1, 2014 McDermott is coming back... 0 Quote Link to comment Share on other sites More sharing options...
Carl Cort's Hamstring Posted February 1, 2014 Share Posted February 1, 2014 "The club would like to make it clear that Brian McDermott remains our first team manager. He has not been dismissed from his post as has been suggested and we look forward to him continuing in his role with us in taking Leeds United forwards." Mental. 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 2, 2014 Share Posted February 2, 2014 Well after the bizzare going on's of friday night, when McD was sacked by Cellino's lawyer even though he didnt own the club at that time and still doesnt own the club YET. Both Paul Hunt and McD were re-instated by David Haigh on saturday morning. We then play the best 45 mins i have seen this season as we run riot against Huddersfield. 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 4, 2014 Share Posted February 4, 2014 Now the shirt sponsor want his money back from a loan of £1.7m in 2012 so he has a winding up petition at the high court in march. http://www.bbc.co.uk/sport/0/football/26038937 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 5, 2014 Share Posted February 5, 2014 And he has pulled out of the consortium as well:- Andrew Flowers has tonight bowed out of the race to buy Leeds United. The managing director of Enterprise Insurance withdrew from the fight after making a last-ditch effort to take charge of the club before Italian businessman Massimo Cellino completed his own takeover. Flowers was part of a failed attempt by the Sport Capital consortium to secure a 75 per cent stake in Leeds last month but he attempted to pull a fresh offer together over the weekend after Cellino caused chaos at Elland Road by sacking manager Brian McDermott last Friday - a sacking made despite the fact that Cellino’s buy-out of Gulf Finance House was still incomplete. McDermott has since been reinstated by owner Gulf Finance House but Enterprise - United’s shirt sponsor since 2011 - withdrew its support of the club on Friday evening and has also issued a winding-up order on the club over a loan paid to United in 2012. A group led by former Manchester United International managing director Mike Farnan could yet thwart Cellino’s buy-out of Leeds with a late offer but the Cagliari owner appears poised to secure the club, provided the Football League approves his deal. In a statement, Flowers said: “I entered discussions in good faith to buy this club for the simple reason that I am a lifelong supporter and sincerely believed that I could make a real contribution towards the goal of promotion to the Premier League and at the same time provide the stability and sound financial governance the club desperately needs. “However, the emergence of Mr Cellino’s bid, and the nature of the transaction, seems to have crystallised the attitudes of both GFH and the Leeds United board, enabling them to dispose of the club with no consideration for its ultimate security and wellbeing. “In effect, it is a ‘fire sale’ transaction which is not in the interests of Leeds United, its players, staff or loyal supporters. “Both myself and my company, Enterprise Insurance, have been enormous financial supporters of the club for the last few years and while we may understand the commercial expediency which leads the owners to accept the superficially attractive Cellino offer, we remain firmly convinced this deal will not give the club the stability or investor commitment it badly needs. “Despite our serious misgivings, we wish the team, the manager and fans well for the future and I remain a very enthusiastic Leeds supporter. “I have no other comment to make at this time about outstanding financial and legal issues between us and the current owners.” 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 6, 2014 Share Posted February 6, 2014 Two very interesting articles:- http://www.independent.ie/sport/soccer/john-giles-club-owners-need-to-be-vetted-to-avoid-leeds-united-fiasco-29984643.html http://www.dailymail.co.uk/sport/football/article-2552472/Ross-McCormack-says-Leeds-laughing-stock-says-Premier-League-reach.html 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 7, 2014 Share Posted February 7, 2014 From the OS:- Statement From Salah Nooruddin, Chairman of Leeds United I am delighted to announce that we have exchanged contracts for the sale of 75 per cent of the club to Eleonora Sport Ltd, subject to Football League approval. GFH Capital and its investors will retain a 25 per cent stake in Leeds United. I will remain the club Chairman and David Haigh will be the club CEO. The Board has always had as its principal aim the creation of a long term ownership structure through partnership with sound and strategic investors to build on the foundations we have laid for sustainable success for this great club. We believe we will have achieved that with this deal. It provides the basis from which Leeds United can move forward to a position which will enable it once again to compete at the highest levels of football. That is where this great club belongs and it is nothing less than its fans deserve. Throughout the difficult years, as well as the glory years, they have remained second to none in their support of the club and we as a Board have always appreciated their passion. Following the introduction of GFH to the Cellino family which owns Eleonora Sport Limited it quickly became apparent that the family and the company offered both the long term investment and the footballing knowledge necessary to take their place as majority owners of Leeds United FC. Everyone on the Board is looking forward to working with our new partners who we hope will be in place at Elland Road very soon. Statement From Hisham Alrayes, MD GFH Capital It has always been our aim since taking over Leeds United to create an ownership structure through partnership with like-minded strategic investors who would help us take the club forward on a long term and sustainable basis. It has taken us some time to get the right deal in place with people who truly shared our commitment to, and faith in, the future of Leeds United. We are delighted to have reached agreement with Massimo Cellino and Eleonora Sport Ltd who share our determination to move the club forward. Despite media and market speculation, we have refrained from making any official comment on this matter until this point when contracts have been exchanged. We understand that the speculation has been unsettling for the fans and, even though it was not of our making, we apologise to them for that. We are happy now to inform them of the accurate position with regard to the new ownership which will, we believe, enable the club to achieve promotion in the shortest realistic time possible. GFH Capital and its investors continue to show its commitment to Leeds United FC through the minority 25 per cent shareholding we will be retaining. The Leeds United Board looks forward to working with Eleonora Sport and the Cellinos. We hope that the new ownership structure will be ratified shortly in the best interests of the club and its fans.- See more at: http://www.leedsunited.com/news/article/16cr3klmb3cpp1xljskfrgkd8q/title/statements-from-our-owners#sthash.fA4nvLNw.dpuf 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 7, 2014 Share Posted February 7, 2014 0 Quote Link to comment Share on other sites More sharing options...
Glasgow Loon Posted February 8, 2014 Share Posted February 8, 2014 United: Kenny, Byram, Pearce, Lees, Warnock, Murphy, Austin, Mowatt, Kebe, Stewart, McCormack. Subs. Cairns, Peltier, Wootton, Tonge, Brown, Hunt, Smith. - See more at: http://www.leedsunited.com/news/article/cy484lqv13w31w4uggjwi4zf0/title/yeovil-town-live#sthash.m8eXCjFM.dpuf 0 Quote Link to comment Share on other sites More sharing options...
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