Thursday 24 October 2013

Leeds United borrow undisclosed Dubai sum - Yorkshire Evening Post

Leeds United borrow undisclosed Dubai sum - Yorkshire Evening Post:

"Leeds United have borrowed an undisclosed sum from another company in Dubai – with the loan funded personally by managing director David Haigh.

The Elland Road club secured money from Berrydale Seventh Sport Holdings last week, four months after receiving cash from Dubai-based Brendale Holdings.

United’s owner, GFH Capital, declined to comment when contacted by the YEP last night but Haigh – one of the three board members at Leeds – is understood to have financed the loan paid on October 15.

Haigh controls Berrydale Seventh Sport Holdings and a debenture lodged with Companies House reveals that he was responsible for sanctioning the payment on the firm’s behalf."

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