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Leeds United: Officially Under New Ownership

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GFH Capital are the new owners of Leeds United having completed the deal to takeover the club.

Paul Thomas

The plan has gone ahead and as reported on the 21st November, the takeover of Leeds United has today been officially completed.

David Haigh and Salem Patel were quick to ensure the club wouldn't be spending 'crazy money' but a 'sustainable and succesful future' are what is in store for Leeds United under GFH Capital's guidance.

In a press conference on Friday morning, Patel said:

"Leeds United is a great football club with a great history, pedigree and a fantastic base from which we can build the club.

We looked at a number of clubs but Leeds was the most attractive for those reasons.

What we want to say is that we're not going to be spending crazy money like some owners have. We want to make the investment sustainable and make the club successful.

We hope to bring back the type of atmosphere we witnessed on Wednesday where, although the result wasn't fantastic, the atmosphere and crowd - it was absolutely fantastic on the night.

Obviously it's going to take investment and we wouldn't have bought a club like this if we weren't prepared to make that investment.

What we want to say is that we're not going to be spending crazy money like some owners have. We want to make the investment sustainable and make the club successful. Simple as that."

A new era is officially underway at Leeds United and despite the club announcing that the deal would be completed, doubt was still created by certain parts of the media that the takeover would fall through. That can be put to bed now as we look forward to changes at the football club.

Speaking to the club's official website, David Haigh said:

"Ken will remain as Chairman until the end of the season. We've brought on board new members from GFH Capital in Salem, myself and Hisham. Ken is the Chairman, but we are very much in charge and the buck stops with us.

I think we'll start making changes, that we feel, straight away. Some will be small and some will be larger. We think that the club runs well as it is, but there are things that we can do to improve it, like anywhere."

That statement from Haigh is something we needed to hear, Bates is still here but he has absolutely no say in decisions which can only be a good thing. The January transfer window is just around the corner and Salem Patel spoke of how the club plans to back Neil Warnock.

"We've been speaking to Neil and we will try our best to meet whatever needs he has and to be fair to us we have already invested in the team.

We've been speaking to him on and off since the summer to be honest. We very much assisted him with his plans in the summer and we hope to continue to do so.

He is our man and he was one of the reasons why we decided to buy this club in the first place. The guy is a legend in English football and it was a requirement in the contract."

If at all possible, get yourself down to Elland Road tomorrow and lets kick off this new era at the club in style.