Leeds deal close

Leeds United have confirmed the identity of the men behind the consortium buying the Championship football club and pledging to provide transfer funds. Sport Capital, which is close to acquiring a minimum 75 per cent stake, includes Andrew Flowers, managing director of club sponsor Enterprise Insurance.

Current United managing director David Haigh is also part of the group. Sport Capital has invested £6m in the club in the past three months and hopes to complete the takeover soon.

Haigh said funds had been made available to manager Brian McDermott to strengthen his squad.

Leeds United have confirmed the identity of the men behind the consortium buying the Championship football club and pledging to provide transfer funds. Sport Capital, which is close to acquiring a minimum 75 per cent stake, includes Andrew Flowers, managing director of club sponsor Enterprise Insurance.

Current United managing director David Haigh is also part of the group. Sport Capital has invested £6m in the club in the past three months and hopes to complete the takeover soon.

Haigh said funds had been made available to manager Brian McDermott to strengthen his squad.

Leeds are a club that have been punching below their weight for some time, having encountered a number of challenges on the ownership front. They need a period of stability with sufficient funds to mount a promotion challenge.

The deal will officially end the 12-month ownership reign of GFH Capital, the Dubai-based firm which bought United from Ken Bates in December 2012.