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Leeds staff paid with takeover close

Leeds coaching staff and players have received another chunk of their deferred wages from owner Gulf Finance House Capital

Leeds manager Brian McDermott has confirmed his coaching staff and players have received another chunk of their deferred wages from owner Gulf Finance House Capital.

Non-playing staff at Elland Road received their March wages in full last week, but McDermott's backroom staff and playing squad agreed to defer 50 per cent of their monthly salary due to a row between GFH Capital and prospective owner Massimo Cellino over who is responsible for funding the club.

"I haven't had a chance to speak to the players, but I've just been told that we get another percentage of our wages today," McDermott told a press conference ahead of tomorrow's game against Wigan.

"It won't be all of it, but another percentage (has been paid) and that's just been fed through to me now.

"I think (Leeds managing director) David Haigh will come up and have that conversation with them (the players), probably tomorrow.

"All I can do is put that out there now. David came in the dressing room the other day and explained the situation to the players and I'm sure he'll come up and do the same thing tomorrow."

And there has been a further twist in the takeover saga, with Cellino close to reaching an agreement with a rival consortium for shared ownership of the club.

The Italian is waiting to learn the outcome of his appeal against the Football League's decision to block his £25 million takeover.

But he has opted to join forces with Together Leeds, a Yorkshire-based group headed by former Manchester United International director Mike Farnan.

A judge in London os still to decide whether to uphold the League's decision to disqualify Cellino from becoming club owner after the businessman was convicted of tax evasion in Sardinia.

It is understood that Cellino's share purchase agreement with GFH Capital gives him and his company, Eleonora Sport, the right to decide who to sell his 75 per cent stake to if his own takeover bid fails.

 

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