The new chairman is also holding his first press conference at the club earlier that day in which he is expected to unveil his plans for Leeds United for the first time.
A maximum of 500 fans will be admitted to the forum at 7pm on Thursday, January 27 in the Banqueting Suite at Elland Road.
Bates has warned Leeds supporters to be realistic about the way forward following his takeover. He is unlikely to pull any punches at the meeting.
He's prepared to listen to the views of supporters but is not going to be told how to run the club.
Bates said in the Yorkshire Post: "I am looking forward to an intelligent discussion. But I don't want to hear people talking about high prices or saying 'why don't we spend £20m on new players. I want the fans to know what is going on at this club, rather than reading the rubbish that is going on in the papers, but I am the one who will make the final decisions."
Bates has written an 800-word programme column for the weekend game against Brighton and says he has been encouraged by the reaction of supporters so far.