Leeds Fans Utd

Leeds Fans Utd Ltd.
Formerly called
Leeds Fans LLP
Private limited company
Industry Association football
Founded 2015
Headquarters Leeds, United Kingdom
Key people
Slogan Promoting fan ownership at Leeds United
Website http://www.leedsfansutd.co.uk
Leeds Fans Community Benefit Society Ltd.
Formation 2015
Type Community benefit society
Purpose Purchase a stake in Leeds United F.C. and give supporters a voice in the running of the club
Headquarters Leeds, United Kingdom
Website http://www.leedsfanscbs.co.uk

Leeds Fans Utd is a private limited company which intends to secure a stake in Leeds United F.C.[1][2] Part of the funding for the effort comes from ordinary Leeds fans, who collectively acquire shares in the company through the Leeds Fans Community Benefit Society.[3] If the company is successful in acquiring a stake in the club, the society will be able to elect representation to the club's board. If the company cannot acquire a stake, the society will return fans at least 90% of their investment.

The company's Executive team is led by Dylan Thwaites, an internet marketing entrepreneur.[4] At the end of October 2015, it had reached an agreement in principle with Leeds United owner Massimo Cellino to buy a majority stake in the club.[1][2] When Cellino was asked to legally commit to an exclusivity period for the deal, he reneged.[5]

References

This article is issued from Wikipedia - version of the Monday, November 09, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.