Championship - Leeds confirm investment talks
Leeds United have announced that they are in investment talks, with reports that two parties would be interested in a potential takeover.
The Championship club finished 14th last season in a turbulent campaign which saw manager Simon Grayson axed and replaced by Neil Warnock.
Leeds, who last played in the top flight in the 2003/04 season, said they were in talks to establish the quality of offers, with a view to the long-term future of the club.
“Further to media reports on Tuesday morning, the club can confirm that talks are taking place regarding investment for the long-term future,” a statement read.
"The club has always publicly stated that it would welcome potential investment, but has maintained a belief whereby the quality of the investor is the most important factor in terms of the long-term development of Leeds United.
"No further comment will be made at this stage.”
The Leeds United Supporters’ Trust had earlier confirmed there was serious interest in the club.
"We have spoken to two groups who are interested in buying Leeds United," a statement read.
"At this stage it is not possible for us to go into details about our conversations with these groups, as with a firm offer on the table we would not want to jeopardise any current negotiations."