We’ve been embroiled in takeover talk for every season I can remember, but being Leeds United, we always find a way of dragging it out, being linked with the wrong people, and selling key players in the process. You might say it’s a miracle we’re still here.
But it’s nothing new, is it? When Ken Bates finally let go and GFH Capital bought the club stability looked on the horizon. They said very early on that they would welcome any credible investment to help them move the club forward, but now it’s all up in the air, again.
The main word is ‘credible’. In the last month or so, we’ve been linked with the lot: our current managing director with a consortium led by a Leeds fan; an ex-Manchester United commercial executive and his consortium; and last but not least, the Italian ‘King of Corn’ Massimo Cellino.
While Sport Capital’s bid, which looked likely through November and December, has collapsed,the BBC claim Cellino is closing in on a takeover and a 75% stake in the club. If the rumours of embezzlement and other financial corruption are anything to go by, we could have another Uncle Ken style scenario on our hands. Oh dear.
In fact, Phil Hay has tweeted the deal is all but done, it is just awaiting Football League approval. My heart has just sunk.
A story doing the rounds in midweek was that Cellino wanted his ideal head-coach, Gianluca Festa, in the dugout on Tuesday night for United’s game against Ipswich at Elland Road, sparking strong rumours that he favours a head-coach rather than a manager.
And in the last hour or so United have rejected a £4 million bid from Cardiff City for skipper Ross McCormack, after rejecting a £3.5 million pound bid from West Ham earlier in the week.
Who knows how this day, and indeed the next month or so will end. Will the club implode? Possibly. Will the season end in the same manner the last one did? Probably.
I’m not being negative or pessimistic, I’m being realistic. We’ve being kicked while we were down too many times in the last couple of years.