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Businessman who tried to buy Leeds a year ago backs fan takeover bid

Speculation continues about the ownership of Leeds.

Mike Farnan, the man who was part of a consortium that tried to buy Leeds United a year ago, has thrown his weight behind the proposed new takeover from Leeds Fans United, according to ITV Calendar.

Current owner Massimo Cellino has said he would be willing to sell the club to the supporter group.

And Farnan has backed the idea, suggesting it is certainly possible to achieve - and pledging to rally support from those he worked with during his takeover bid last year.

Farnan told ITV Calendar: "The concept of fan ownership is absolutely right now. Leeds United - big club, fabulous club, brilliant fanbase. This is something that this club could take and I believe that with the right team behind them they could do this.

"To be absolutely clear, I'm not going to compete against the fans. I won't. I never even thought that. I'm behind this. I think if this is really going to happen I will do everything in my power to support that and that might mean galvanising the troops that were there before to support Leeds Fans United in acquiring the club."

The support will no doubt boost the fan group looking to purchase Leeds from Cellino but, of course, plenty is still up for debate.

The mood in the comments section on HITC Sport is one of hope but doubt when it comes to arranging a takeover of such size and nature.

ITV's article suggests £500,000 has already been raised through donations. But £500,000 is a drop in the ocean when it comes to the kind of funds needed to buy Cellino out.

Stranger things have happened, though, and business can often be like sport itself. If the Leeds fan group is determined enough and can provide the right solutions, they can make it happen. It won't be easy but that doesn't mean it's not doable.

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