BBC Home
Explore the BBC
watch listen BBC Sport BBC Sport
Low graphics|Help
Last Updated: Tuesday, 7 November 2006, 15:38 GMT
Parkin was close to Leeds buy-out
Leeds United
Leeds-born multi-millionaire Steve Parkin says he was on the verge of taking control at Leeds United before Ken Bates became chairman.

The lifelong Leeds fan, 45, says he had also lined up then Crystal Palace boss Iain Dowie to take over as manager.

Parkin told the Yorkshire Evening Post the deal collapsed as his consortium were not allowed to look at the club's finances before an offer was in place.

But Parkin said: "I'd love to one day put something into Leeds United."

Parkin - chief executive of Brighouse-based logistics company Clipper Group - said that could be either as owner, director or "just a beneficiary".

We were willing to take it on and be the guarantor for the debt, but we needed to look at the books

Steve Parkin

"You can never say never," he added. "I would like to think I could put something in to enable it to thrive again."

Parkin says the deal fell through after his consortium discovered the cost of taking control from Gerald Krasner could have been 50m.

"I put together a consortium and we had a fair amount of wealth within that to do a deal," he said.

"We were willing to take it on and be the guarantor for the debt, but we needed to look at the books.

"They weren't releasing the information to us. What they were saying was show us your funds and we'll show you the books.

"But I was saying if you don't show me the books, how do I know how much money I need.Until you see the books, how do you know?"

Bates completes takeover of Leeds
21 Jan 05 |  Leeds United


The BBC is not responsible for the content of external internet sites

Daily and weekly e-mails | Mobiles | Desktop Tools | News Feeds | Interactive Television | Downloads
Sport Homepage | Football | Cricket | Rugby Union | Rugby League | Tennis | Golf | Motorsport | Boxing | Athletics | Snooker | Horse Racing | Cycling | Disability sport | Olympics 2012 | Sport Relief | Other sport...

Help | Privacy & Cookies Policy | News sources | About the BBC | Contact us