Football: Leeds bid radio row.Byline: DAVID ANDERSON David Anderson may refer to:
THE man leading a takeover bid Noun 1. takeover bid - an offer to buy shares in order to take over the company two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares for Leeds traded insults on live radio with a member of the Elland Road Elland Road is the home stadium of the football team Leeds United. It is currently the 11th largest football stadium in England and the largest stadium in Yorkshire. It is also the largest English stadium outside of the Premiership, and the largest in League 1. board. Sebastian Sainsbury, whose Anglo-American consortium has offered pounds 25million for the club, clashed with finance director Melvin Helme. Sainsbury, great grandson of the supermarket chain founder, claimed dealing with the Leeds board was a "nightmare". But an angry Helme accused Sainsbury of damaging team morale by dragging out negotiations and said the consortium had yet to convince directors it had the money for the bid. Sainsbury insisted the finances were in place and that the pounds 25m would be transferred on Thursday, when he expected to take charge at Elland Road. "We've provided a letter which proves the availability of funds," he said. |
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