Latest Shareholder Information
Update on LFU’s Discussions with LUFC and 49ers
We have held further discussions with Angus Kinnear and Morrie Eisenberg regarding our aim of enabling fans to acquire shares in Leeds United. Although they again confirmed that the 49ers are committed to fan engagement and involvement, it is clear from these latest discussions that fan share ownership will not form any part of their plans.
Accordingly, we must unfortunately conclude that there is no reasonable prospect of our project being successful and therefore our shareholders should be repaid 90% of their investment in Leeds Fans Utd, in accordance with the original share offer document.
The LFU board thanks all our members for the support and faith you have shown in us for the last 8 years.
Leeds Fans Utd CBS Board