I said it yesterday and now Phil Hay of the YEP has committed to print all the uncertainties that still surround the take over deal - and added weight to the issues I raised. The fact that GFH hover on the brink of bankruptcy is very interesting. And, as Hay rightly says, it may well be that they are the company not only fronting, but funding the purchase.
Hay doesn't pick up on the point, but as I said yesterday, all the indicators are that this is being seen as an investment, not as a love toy. God only knows what will happen if the deal is completed and the company then fold. Leeds could find themselves in administration all over again, trapped in a recurring nightmare.
That may not happen of course, but the early signs are less than reassuring. Of course the long suffering Leeds fans want to look on the bright side of life, but as West Ham fans, we know all about dodgy merchant bankers, and when the Icelanders bought our club, they looked financially secure, something that cannot be said of GFH. Maybe, just maybe, this is a PR venture, a last desperate throw of the dice by a bank about to go down the drain.
The Hay article is well worth a read before Leeds fans hurl the now familiar abuse. I expressed all these concerns ahead of Hay and now the YEP has caught up and, with more time to research, have expanded on the argument. I'm not saying this is a bad deal for Leeds - it may be absolutely brilliant - but it is far too early for fans to be crowing from the rooftops. Remember, Master Bates is still in the mix and, as Hay says, there's no guarantee that he will be going away any time soon.
Still very interesting days at Leeds. And the big question now is how the uncertainty will affect the team's performance. If your days may be numbered no matter how well you play, how committed to the cause will you feel? And meanwhile, Warnock may see the shadow of a dagger pointed at his back!
To read the Hay article, follow this link: