Leeds banter 36976


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28 Jun 2017 20:14:33
Lets just clear something up here Greenfield Investment Pte Ltd now own Elland Road it just means we don't pay £1.7m annual rent. When we sell a player or make a profit a percentage will go to buying the ground so maybe in 5-6 years Elland road may be owned outright by Leeds United but at the momment Greenfield Investment Pte Ltd own it.

Agree0 Disagree6

28 Jun 2017 22:09:42
Correct me if I'm wrong but I thought Greenfield was the parent company and vehicle through which Radz bought the club. Ultimately if Radz is the 100% owner of LUFC through Greenfield or any other business, he now owns the ground 100% and will continue to do so.

28 Jun 2017 22:18:18
Yes. It's similar in many ways to simply investing in the club, they've just opted to do it via the repurchase of Elland road, and undoubtedly tied in with many terms and conditions on both sides. The important thing is, that they see it as an investment into the club, not just an opportunity to try and bankrupt us, so all in all, very positive news.

28 Jun 2017 23:35:38
Ever the optimist. You have trust issues brightside.

29 Jun 2017 09:02:14
The Big difference is we KNOW who now owns ER, and whatever end motive he has leeds will only benefit in the future . No more rent to pay, investment can be placed elsewhere plus it won't be increasing by yr . Should the club be sold in the future it will now be a full package . My prediction is that we will see RC buy back Thorpe Arch as well investment will be made so both . It's like making your house look as good as possible so if or when you put in up to sell you get a good price . Don't forget before MC we didn't really have proper buyers falling over themselves .



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