Bahrain’s GFH sells remaining stake in Leeds United

15/09/2016 Argaam

Bahrain-based GFH Financial Group has sold its remaining 18 percent equity interest in England’s Leeds United Football Club to Eleonora Sport Limited, the firm said in a statement to the Dubai Financial Market.

 

The stake sale was carried out by the firm’s Dubai-based subsidiary GFH Capital Limited.

 

GFH Financial did not reveal the price at which it sold its remaining stake, but said the transaction would reflect positively on its financials and liquidity for the 2016 financial year.

 

GFH bought the Leeds Club in 2012.

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