Leeds United have confirmed talks are taking place regarding 'investment for the long-term future' following speculation over a possible takeover.
Whites respond to speculation regarding possible takeover bid
Leeds United have confirmed talks are taking place regarding 'investment for the long-term future' following speculation over a possible takeover.
Reports have recently claimed that there is interest in buying out current chairman Ken Bates, with Canada-based Maple Leaf Sports and Entertainment linked with a bid.
However, the owners of the NHL ice hockey franchise have reportedly denied any involvement in last week's meetings as Leeds continue discussions about an injection of funds.
A club statement read: "Further to media reports on Tuesday morning, the club can confirm that talks are taking place regarding investment for the long-term future.
"The club has always publicly stated that it would welcome potential investment, but has maintained a belief whereby the quality of the investor is the most important factor in terms of the long-term development of Leeds United.
"No further comment will be made at this stage."
Vision
Leeds United Supporters Trust also commented on the talks, releasing a statement which read: "We are aware of firm interest from a number of parties looking to buy Leeds United... We understand that Leeds United are in talks with at least two separate groups. We also understand there is one firm bid on the table at present.
"In February we responded to [chairman] Ken Bates' suggestion that we 'put our money where our mouth is' by asking any potential investors, who shared the aims and ambitions of our members and of our Vision Statement, to contact the Trust with a view to working together to take Mr Bates up on his offer.
"We developed a presentation so interested parties could see how working with LUST could help them and have been in contact with a number of people to explore ways of bringing about change for the better at Elland Road.
"As part of this ongoing work we have spoken to two groups who are interested in buying Leeds United. At this stage it is not possible for us to go into details about our conversations with these groups, as with a firm offer on the table we would not want to jeopardise any current negotiations."
