StaffsRam Posted August 9, 2012 Share Posted August 9, 2012 Leeds United Supporters' Trust (LUST) has confirmed that a proposed deal to buy the club has collapsed after more than two months of negotiations. Talks between the consortium, believed to comprise of Middle East-based investors, and owner and chairman Ken Bates have broken down. The last club communication on the bid came in June, with the news the group were completing due dilligence. LUST has said a further, more detailed statement will follow. In the meantime the club has confirmed Robbie Rogers and Danny Pugh have been put on the transfer list as manager Neil Warnock attempts to generate cash to bring in a new striker. Winger Rogers and utility player Pugh join Billy Paynter, Paul Rachubka, Paul Connolly and Ramon Nunez in being available for transfer. Warnock told the club website: "You have to look at what you can do. We're looking at forward players and it might be that we have to move one or two on." The Supporters' Trust have been looking for alternative investment in the Championship club since February. But it took until late May for Leeds to first confirm they were in talks with potential investors, after LUST said in a statement that a number of parties had expressed 'firm interest' in the club. It appeared that Leeds, who were bought by Bates in 2011, were finally closing in on new investment when they reached an exclusivity agreement with one consortium in June. LUST chairman Gary Cooper told BBC Radio Leeds at the time that he believed the deal was all but done. However, the deal was never completed, leading to confirmation that it was now off. Bates purchased Leeds, who finished 14th in the Championship last season, following a buy-out from former owners FSF Limited, but fans have voiced concerns over the side's future. [url=http://www.bbc.co.uk/sport/0/football/19196349]http://www.bbc.co.uk/sport/0/football/19196349 Awwwwwww - what a shame for them....... Link to comment Share on other sites More sharing options...
swansea ram Posted August 9, 2012 Share Posted August 9, 2012 Ha phucking ha. Made my day. Now phuck off back to league 1, and take florest with you. Link to comment Share on other sites More sharing options...
DCFCfranco Posted August 9, 2012 Share Posted August 9, 2012 http://exposexpress.files.wordpress.com/2011/10/lol-guy Link to comment Share on other sites More sharing options...
Alph Posted August 9, 2012 Share Posted August 9, 2012 We deserve..... We belong..... Ha! "feeder club for Norwich, your just a feeder club for Noooorwich" Link to comment Share on other sites More sharing options...
McRamFan Posted August 10, 2012 Share Posted August 10, 2012 Thats what you get when you have master bates in charge, everything just gets hosed up and tossed off Link to comment Share on other sites More sharing options...
uttoxram75 Posted August 10, 2012 Share Posted August 10, 2012 They couldn't have possibly fell foul of the "fit and proper person" test, could they? There's no way Master Bates would deal with any one with a dodgy business record.............. Link to comment Share on other sites More sharing options...
Alph Posted August 10, 2012 Share Posted August 10, 2012 I love Ken Bates and what he's trying to do at Leeds. Just hope Warnock doesn't spoil it by getting good player with no cash. Slimy bugger! Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.