Tagged: The Independent

Sale of Leeds United will make GFH Capital a tidy profit

Islamic Finance

2013-02-13

Sale of Leeds United will make GFH Capital a tidy profit

Bahraini GFH Capital is considering selling a majority stake of Championship club Leeds United which it has owned since December 21. GFH bought Leeds from Ken Bates for £17million plus payments based on reaching the Premier League within four years. A multi-national consortium led by former Hull City executive Adam Pearson has made proposals to buy either 51 per cent or all of GFH’s shareholding, which values Leeds at around £25m. According to a GFH statement, they received an offer for a majority stake that has not been accepted, although they have been seeking strategic investors.

Source:

http://www.independent.co.uk/sport/football/football-league/sale-of-leed…

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Banks targeted in Gaza

Islamic Finance

2012-11-21

Banks targeted in Gaza

The Hamas own bank, ‘Islamic National Bank’, was destroyed on Tuesday in an Israeli strike. Among other targets following was a villa that residents said belonged to Azzam al-Showa, the president of al-Quds Bank, which has no obvious ties to Hamas. No …

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