New Leeds United owners won't spend "crazy money"
 

21-12-12 04:08 PM

LONDON (Reuters) - Dubai-based GFH Capital said it would not spend "crazy money" to restore former English champions Leeds United to the Premier League after completing a takeover reportedly worth 52 million pounds ($84.6 million). GFH has bought the club from majority shareholder Ken Bates, the former owner of Chelsea and a familiar figure in English football for the past three decades. Bates ...

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