Steve Parkin, a Chinese consortium, Maple Leaf Sports,Prince Abdullah Bin Musaad, Napoli owner Aurelio De Laurentiis, Prince Abdullah bin Mosaad bin Abdulaziz al Saud and Nottingham Forest owner Fawaz al Hasawi are all names that have seen Leeds fans sending WACCOE into meltdown and scrambling for google translate. Next to be added to the list is Prince Khaled bin Sultan bin Abdulaziz, a member of Saudi Arabia's gigantic Royal family is reportedly interested in investing in the club according to local news reports in the Middle East. This is reportedly not going to amount to a full takeover, rather an acquisition of some of GFH's shares. The likelihood of this happening is slim at best, but GFH have always said they are actively chasing investment.
This, along with today's news that Hishram Alrayes has stepped down from the Leeds board is fuelling growing speculation regarding investment in the club, so has Alrayes stepped down to make space for a new investor? Well seemingly not as YEP journalist Phil Hay revealed that it was more of a corporate reshuffle which allowed Alrayes to focus his energies on another area of the Bahrain based bank. He was heavily involved in ensuring the protracted takeover process ended in smiles for GFH and with the ship now steadied, he has been allowed to move on. Also stepping down today is Shaun Harvey as he moves on to the Old Boys club that is the Football League board. The TOMA talk may well end up being a welcome distraction from the football as I think Brian McDermott may be doing a very good job of papering over the cracks at the club and we are in for another mid table season. With this in mind, and the fact that GFH wanted promotion within two years, we are either going to have to find some money down the back of the sofa or bring on board more investors. One thing is certain though and that is that we a re in a better position than we were last year.
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