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GFH sells 3.5m shares in Leeds United

GFH sells 3.5m shares in Leeds United
Eleanora Sport now owns 100% of the club - Photo Credit: Company's Website
GFH
GFH
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Dubai – Mubasher: The Bahrain investment group GFH said its Dubai-based subsidiary completed the sale of its remaining 18% stake, or 3.5 million shares in Leeds United FC, according to a bourse filing.

By this sale, the club's total value reaches GBP 50 million, the company said, disclosing no further details as per the confidentiality terms.

Mubasher estimated the cost of this transaction at roughly GBP 9 million ($11.7 million).

Earlier, the company announced selling a stake in Leeds to Eleanora Sport, which now owns 100% of the club.