LUST hoping for positive update

PA Sport
Leeds are subject to a takeover bid
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Leeds are subject to a takeover bid

Leeds United Supporters' Trust has urged the club's fans to remain patient as they wait to learn further details about the possible takeover at Elland Road.

The club announced last Tuesday they had granted permission to an unnamed group of potential investors, believed to be from the Middle East, to conduct due diligence, leading supporters to believe that on-going negotiations between the two parties were drawing to a conclusion.

But there have been no updates since and LUST said in a statement: "At the moment both sides are prevented from making comments by a confidentiality clause and we have to respect their right to conduct the negotiations as they see fit.

"Due diligence can be a long process and trying to predict how long this might take will be difficult even for those closest to the deal.

"At LUST we have tried to respond to fans with what we feel are realistic estimates for time-frames but the only concrete news will come when the club or the investor chooses to announce it."

The statement added: "We will continue to do all we can to build an ambitious and successful Leeds United for the future and we hope that Leeds fans will not have to wait too much longer to hear a positive update. We urge you all, in the meantime, to stand together and be patient until there is news to hear."

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