Leeds Fans Utd

Leeds Fans Utd Ltd.
Formerly called
Leeds Fans LLP
Private limited company
Industry Association football
Founded 2015
Headquarters Leeds, United Kingdom
Key people
Website http://www.leedsfansutd.co.uk
Leeds Fans Community Benefit Society Ltd.
Formation 2015
Type Community benefit society
Purpose Purchase a stake in Leeds United F.C. and give supporters a voice in the running of the club
Headquarters Leeds, United Kingdom
Website http://www.leedsfanscbs.co.uk

Leeds Fans Utd is a private limited company which intends to secure a stake in Leeds United F.C.[1][2] Part of the funding for the effort comes from ordinary Leeds fans, who collectively acquire shares in the company through the Leeds Fans Community Benefit Society.[3] If the company is successful in acquiring a stake in the club, the society will be able to elect representation to the club's board. If the company cannot acquire a stake, the society will return fans at least 90% of their investment.

The company's Executive team is led by Dylan Thwaites, an internet marketing entrepreneur.[4] At the end of October 2015, it had reached an agreement in principle with Leeds United owner Massimo Cellino to buy a majority stake in the club.[1][2] When Cellino was asked to legally commit to an exclusivity period for the deal, he reneged.[5]

References

This article is issued from Wikipedia - version of the 11/9/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.