Football: Leeds Takeover Discussions Gather Pace

Daily PostFebruary 06, 2004

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Summary


A YORKSHIRE-BASED consortium has stepped up negotiations to complete a takeover of debt-ridden Leeds United.

After announcing its interest a fortnight ago, talks have been ongoing, albeit slowly, with chief executive Trevor Birch,as well as the club's principal creditors who are owed pounds 82m.

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Extract


Football: Leeds Takeover Discussions Gather Pace

Last week the consortium proved its credibility and credentials by lodging an eight figure sum in a solici...

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