Leeds Utd owner quietly sells off more than half stake - Emirates 24/7:
"The Dubai-based investment firm that bought English soccer club Leeds United in December after lengthy negotiations sold more than half of its 100 per cent holding less than six months later, financial statements show.
GFH Capital, a subsidiary of Bahraini Gulf Finance House, offloaded a 10 percent stake to Bahrain-based International Investment Bank earlier this year and its second quarter financial statement showed it had now sold a total of more than half the shares.
The statement did not say who the buyer was, specifying only that it had made a gain of $776,000 on the sale and was now deconsolidating Leeds results from its own. GFH could not be reached for comment on Thursday."
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