Radebe consortium considering Leeds United stake

"Following recent speculation, I can confirm that I am part of a consortium which has submitted a preliminary indication of interest regarding the acquisition of a stake in Leeds United Football Club," Radebe said in a statement on his website (www.lucasradebe.com).

Radebe consortium considering Leeds United stake

(Reuters)





"We hope to continue our recent discussions confidentially with the current shareholders and the Board.

"We would like the opportunity to explain both the substance of our proposal, and our strategy for working with GFH Capital to continue the re-building process at the club."

Radebe made over 250 appearances for Leeds before retiring in 2005 and said he wanted to help return the club to the Premier League.

"Leeds United has a special place in my heart. Ever since I retired I have been considering ways to get involved at the Club - working at Board level with an equity interest would be the pinnacle," he said.

The Yorkshire club, who reached the Champions League semi-finals in 2000-01, are owned by Dubai-based investment firm GFH Capital, which has sold more than half its 100 percent holding since purchasing the club from Ken Bates last year.

(Reporting by Josh Reich, editing by Ed Osmond)


Share

1 min read

Published

Updated

Source: Reuters


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world