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LUFC Bates - I'm not to blame for hold up

Leeds United chairman Ken Bates says it is not him that is holding up the deal with GFH.

It is now over four months since news first broke of an investment/takeover of the club and Bates says don`t blame him for any delays.

Speaking on Yorkshire Radio, Bates said, 'I'd like to be able to say something but there is a confidentiality agreement which seems to be a bit one sided.

'It makes it difficult to say anything. The real problem is their lawyers because this is a straightforward deal, by anyone's standards. I don't know what the delay is, they appear to try and make complications when there is no need to do so.

'I understand the share purchase is 171 pages long and I question if they are acting in their client's best interests. GFH want to complete a deal and we are happy to do a deal with them, but when last-minute things are slipped in, it makes things very difficult.

'By GFH's standards this is not a big deal, so I say to Leeds fans, don't blame me.'


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The Journalist

Writer: Dazza71 Mail feedback, articles or suggestions

Date:Saturday October 6 2012

Time: 2:39PM

 

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