Leeds Owner Stalls on Explaining Team Sale, Exchange Says

Bahrain’s stock exchange said the Gulf-based owner of Leeds United hasn’t explained conflicting statements made about a possible sale of the three-time English soccer champion.

Dubai-based GFH Capital, which bought Leeds less than four months ago, said on the club website last week it was seeking “investment in part of its share,” although not a full sale. GFH’s parent, Gulf Finance House EC, said in its 2012 financial statement released in February it was looking to sell the club within 12 months after securing it as a “bargain purchase.”