Leeds Fans Utd

Leeds Fans Utd is a private limited company which intends to secure a stake in Leeds United F.C.[1][2] The funding for the project comes from ordinary Leeds fans, who collectively acquire shares in the company through the Leeds Fans Utd Community Benefit Society.[3] If the company is successful in acquiring a stake in the club, the society will be able to have a voice at director level of the Club. If the company cannot acquire a stake, the society will return fans at least 90% of their investment.

Leeds Fans Utd Ltd.
FormerlyLeeds Fans LLP
TypePrivate limited company
IndustryAssociation football
Founded2015
Headquarters
Leeds
,
United Kingdom
Key people
  • Allan Clarke (footballer)
  • Sharon Reid (CEO)
  • Brendan Meehan (Chairman)
  • Andrew Curtis
  • Howard Nelson
  • Philip Robinson
  • Mike Thornton
Websitehttps://www.leedsfansutd.com
Leeds Fans Utd Community Benefit Society Ltd.
Formation2015
TypeCommunity benefit society
PurposePurchase a stake in Leeds United F.C. and give supporters a voice in the running of the club
HeadquartersLeeds, United Kingdom
Websitehttps://www.leedsfansutd.com

The company's Executive team is now led by Sharon Reid, as CEO, and Brendan Meehan, as Chairman [4] At the end of October 2015, it had reached an agreement in principle with Leeds United owner Massimo Cellino to buy a majority stake in the club.[1][2] When Mr Cellino was asked to commit to an exclusivity period for the deal, he changed his mind.[5]

With over 2,000 members who have committed funding, it was stated at the Leeds Fans CBS Annual General Meeting on 3 December 2016 [6] that the group remains in touch with many parties who have the desire and ability to invest in Leeds United along with LFU immediately or within the medium term; the directors noted that achieving Fan Ownership in Leeds United was always known as being potentially a long term effort (despite early success with Mr Cellino as above) and a resounding 87% of its investors voted, during the summer, to continue with these efforts. New directors joined the board at the AGM.

References
  1. https://www.bbc.co.uk/sport/0/football/34676783
  2. http://www.skysports.com/football/news/11715/10049247/leeds-fans-united-are-set-to-but-a-majority-stake-in-the-championship-club
  3. http://www.leedsfanscbs.co.uk/
  4. http://www.leedsfansutd.co.uk/executive/
  5. https://www.bbc.co.uk/sport/0/football/34721028
  6. https://www.leedsfansutd.com
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