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The Middle-Eastern Investment Bank, Gulf Finance House, have confirmed they have signed an exclusive agreement to lead a takeover of Leeds United.
After months of speculation, Leeds fans now have a clearer indication regarding the future of the football club. Last Saturday Ken Bates invited members of the group to the Nottingham Forest game, and on Tuesday versus Everton.
This morning a letter was released to the Bahrain stock exchange, explaining that GFH Capital were acting on behalf of potential investors.
The statement released by GFH can be read here.