Edging closer but still waiting for

Not quite as Iit states they have informed the stock exchange today - unless that was last Monday?

No it wasn't last Monday as the statement was last Wednesday. Today it says:

@In a filing to the Dubai bourse on Monday, GFH said an agreement had been struck with the consortium on Nov. 30 but the English Football Association had yet to grant approval for the takeover. The sale, it said, would have a positive impact on financials.@

http://www.bloomberg.com/news/2014-01-20/gfh-soars-to-22-month-high-on-leeds-united-sale-dubai-mover.html?

So much for gfh not looking to flip.

Don't trust gfh or Haigh at all.

This is a joke. Shouldn't be taking this long.

You know what's gonna happen, right?

The deal may be done and dusted but the FA are gonna dither over it til the transfer window closes.

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Yes it's the FL and that lovely Harvey man.

I just wonder.....

Jonty - it looks like flipping to me as well. They say they will still hold 10% but for how long?

It doesn't add up though:

New Consortium - 75%
International Investment Bank - 10%+
Envest -10%+
GFH 10%

That's too much

Or are they selling 75% of what they have left?

Iasked teh same question back in Nov, percentages did not make sense, especially as they appear to own less than 75%.

I would imagine it would be something like

Haigh consortium - 75%
Envest - 15%
GFH - 10%

purely guessing though.