The Malaysian Insider :: Sports
The Malaysian Insider :: Sports |
| GFH Capital sign Leeds United takeover deal Posted: 21 Nov 2012 07:30 AM PST LONDON, Nov 21 – Dubai-based GFH Capital has signed a deal to buy former English soccer champions Leeds United, the latest foreign group to invest in one of the clubs with hopes of promotion to the lucrative Premier League. Leeds were one of the top names in English soccer in the 1970s and won the Premier League in 1992 but are now struggling in the second-tier Championship. "The signing of this deal marks the start of a one-month transitional period in terms of full change in ownership and control of the club," the Yorkshire club said in a statement on its website (http://www.leedsunited.com). "Following Football League approval, GFH Capital Limited will be 100 per cent shareholders," it added. Leeds majority shareholder Ken Bates, the former Chelsea owner, will remain as chairman until the end of the season and will then become club president. "Neil Warnock will continue as manager with more support than the present owners have been able to give and we look forward to a smooth transition," said Bates. Leeds have not won in their last seven league games, sliding down the table and putting pressure on Warnock. GFH Capital Deputy CEO David Haigh, a Leeds fan, said the company had injected further funds into the club. Questions have been raised about the financial firepower of GFH Capital and its Bahrain parent firm Gulf Finance House. A group of Kuwaiti investors took over former European champions Nottingham Forest earlier this year, another club now playing in the Championship. – Reuters |
| Villa manager Lambert given one-match touchline ban Posted: 21 Nov 2012 06:50 AM PST  Manchester City's David Silva (3rd R) shoots past Aston Villa's Brad Guzan (2nd L) to score during their English Premier League soccer match at The Etihad Stadium in Manchester, northern England November 17, 2012. Aston Villa manager Paul Lambert has been given a one-match touchline ban and fined US$12,700 after a breach of FA rules. – Reuters pic "It relates to language and/or behaviour amounting to improper conduct following his side's game at Manchester City on 17 November 2012," the FA said on its website (http://www.thefa.com) today. "Lambert accepted the standard penalty for the charge and will now serve a one-match touchline ban to commence with immediate effect." Aston Villa, who are 18th in the Premier League with nine points from 12 games, host Arsenal on Saturday. – Reuters |
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