Wednesday, 12th March, 2014
Leeds United's owners GFH Capital have confirmed that David Haigh has left his role at the investment group in order to concentrate on his position running day to day affairs at the club.
Leeds are currently the subject of a takeover from Italian businessman Massimo Cellino, who is waiting for Football League approval to purchase 75 per cent of the club from GFH Capital.
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The saga has been dragging on for some time and Leeds boss Brian McDermott called for matters to be finalised quickly following last night's 4-2 defeat to Reading.
GFH Capital have now issued a statement, saying: "Since it was announced on February 7 that a deal had been agreed for Eleonora Sport to purchase a 75% stake-holding in the club, subject to Football League approval, we have been working closely with the governing body’s requests for information to satisfy the process.
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"We know it is frustrating for our supporters, but please rest assured that Eleonora Sport and GFH Capital are co-operating fully with the Football League’s requirements and are working towards a conclusion.
"GFH Capital remains in full control of Leeds United until such time that the share transaction is ratified by the Football League. We all want to see matters concluded as swiftly possible so we can concentrate on the future.
"David Haigh has left his role within GFH Capital in order to concentrate fully on his role as managing director of Leeds United and is responsible full time for the day to day business operations. David has the full support of both GFH Capital and the club’s board."
It has been speculated that Haigh could take a position with Cellino's Eleonora Sports vehicle, in a development which would allow the Italian to take control of 100 per cent of Leeds.
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