Friday 11 July 2014
 
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Leeds United

Leeds United ex-boss 'accused of $5m fraud'

The former Leeds United chief David Haigh has been accused of financial mismanagement amounting to $5 million by his previous employer Gulf Finance House Capital, a report said. Documents from the Dubai International Financial Cen

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Ex-GFH official accused of $6.45m embezzlement

A former managing director of English Championship club Leeds United has been arrested in Dubai on charges of embezzling 23.7 million dirhams ($6.45 million) from an investment bank he used to work for, the emirate's police force said in a s

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Arrest not linked to Leeds United stake sale: GFH

GFH Capital, the Dubai-based investment bank and fully owned subsidiary of Gulf Finance House, has clarified that the arrest of its former deputy CEO David Haigh in Dubai is not related to its sale of stake in Leeds United. In a s

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GFH to sell 75pc in Leeds United

Bahrain-based investment firm Gulf Finance House (GFH) said on Monday it was offloading 75 per cent of English soccer club Leeds United to a consortium of British investors and would retain a 10 per cent stake following the sale.

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GFH sells part of Leeds United stake

Bahrain-based investment firm Gulf Finance House (GFH) has agreed a partial sale of its stake in English soccer club Leeds United, the firm said in a statement on Wednesday. GFH said the sale was agreed with British investors, who

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Leeds United chairman buys stake in GFH

Bahrain-based investment firm Gulf Finance House (GFH) said on Tuesday that a family consortium led by chairman of English soccer team Leeds United had bought a 5.71 percent stake in the company. Salah Nooruddin, a Bahraini busine

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GFH Capital sells stake in Leeds United

The Dubai-based investment firm that bought English soccer club Leeds United in December after lengthy negotiations sold more than half of its 100 per cent holding less than six months later, a report quoting its financial statements said.

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Leeds’ Dubai owner says studying investor offers

GFH Capital, the unit of a Bahraini investment firm that bought Leeds United in December, is studying several offers from investors for stakes in the English soccer club, the Dubai-based firm said on Monday. Last week, Bahrain-bas

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Gulf Capital eyes new investment in Leeds

The Dubai-based owner of Leeds United said on Wednesday it was seeking new investment in the English soccer club it bought three months ago but denied that it planned to sell up completely. "To clarify and as previously state

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GFH Capital closer to Leeds takeover

UK’s Leeds United is set to become the latest football club to come under Gulf financial control after Bahrain-based investment bank GFH Capital, a subsidiary of Gulf Finance House, agreed a takeover deal, both parties said.

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