Shaikh Abdulrahman is a lifelong Leeds supporter and was previously linked with a failed takeover of the club in 2003. Bahrain-based newspaper Gulf Weekly has reported that friends have confirmed he is currently in Europe and unavailable for comment.
According to the newspaper, Shaikh Abdulrahman told reporters in 2003: "I fell in love with the club when I was 11-years-old when Leeds played Chelsea in the 1970 FA Cup final.
"Leeds mean everything to me, I was born to support them. Those who are closest to me, my friends and my family, know what Leeds United mean to me."
Leeds confirmed at the end of last month that they had granted permission to an unnamed group of potential investors to conduct due diligence.