Leeds Fans Utd announce significant share sales since news of potential takeover broke

Elland Road Revie Stand

Could Championship side Leeds United soon be under new ownership?

The group linked with a takeover of Leeds United have announced that they have sold more shares in the hours between Friday evening and Saturday lunchtime than they did on the day of their launch.

As reported by the Daily Mail, Leeds Fans Utd have reached an agreement in principle to purchase a majority stake in the club currently owned by Massimo Cellino; but while the businessman fronting the group, Dylan Thwaites, has urged caution, the news has clearly prompted many people to buy shares in the fan-funded group.

On Saturday Leeds Fans Utd wrote the following message on their official Twitter account:

“We’ve sold more shares between 6pm yesterday and 12 noon today than on launch day. More info to come next week. Thanks for all your support.”

Cellino reportedly met with the group on Friday and things appear to have moved relatively quickly since then, but it is being claimed the Leeds owner has not yet explained how much he wants for the club and there is likely to be plenty of negotiation before anything is complete.

Leeds have had a rocky time under Cellino’s stewardship, seeing a number of managers come and go with Steve Evans the latest man to take that role.

But the future may be a whole lot brighter…although only time will tell.

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