Mike Farnan-is it time to step up? Takeover latest

19/3/2014

With the news yesterday that Massimo Cellino was found guilty of tax evasion, the chances of him being approved 'fit and proper' seem to be taking a nosedive. If that's the case, there's only one player left in town..Mike Farnans TogetherLeeds group. The consortium includes Welcome to Yorkshire Chief Executive Gary Verity, Res Strike Marketing executive Frsnk Devoy and former Hull City Chairman Adam Pearson.

The group put a 'risible' offer in November last year-which sparked the also failed Andrew Flowers bid (you still keeping up!!). However, Farnan has appeared to be waiting in the wings since, and says his group are ready to go. They have been unable to get to the table with GFH as they were confident of doing a deal with Cellino..

If the Cellino deal is indeed dead, it's now time for Farnan to step up. It's fine shouting in the background about plans and finances while Cellino's bid looked to be progressing-it might be time to see if the TogetherLeeds bid actually is a serious offer with serious money... If it isn't...what hope...

Keith Milburn link

18/3/2014 09:13:32 pm

Well it's because it is LUFC. Look at the other clubs that have questionable owners, Farnham will come in with a bid lower than the last one, and seeing as Cellino is'nt the owner of Eleonora sports they should get the green light. MOT.

Arne

18/3/2014 09:17:12 pm

Let`s still hope Cellino deal goes through. This prospective owner has big potential, which is the complete opposite of the Farnan group!!

geoff123 link

18/3/2014 09:55:39 pm

why is everyone on cellinoes back eleonara sports is trying to buy us cellino only holds 10% in this buisiness but who else is involved trying to buy the 50% of shares this might be the stumbling block

M-dawg

18/3/2014 10:14:31 pm

Will Farnan still be interested in a business that now adds Cellino to its list of creditors? More debts, more uncertainty, and more risk of administration. I would stay well clear if I was Farnan. Bleak times ahead. MOT

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Mike Farnan-is it time to step up? Takeover latest

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