Sheikh Rattled & Rolled

Last updated : 27 November 2003 By Kevin Markey
The Independent says Sheikh Mubarak al-Khalifa was astounded when Leeds announced to the Stock Exchange that administration was around the corner.

The Bahraini is a massive Leeds fan and could help fund half or more of plc chairman Allan Leighton's £4.4m proposed cash injection to help stabilise the situation in the short term.

The Sheikh's plan apparently involved a much larger amount later, leading to a buy-out of the club.

However, the Daily Record says the Sheikh plans to make an initial investment of £2m next week to help keep the club afloat while his consortium accelerate their preparations.

He and his Middle Eastern backers had planned to move at the end of December, but they now hope to able to produce their takeover bid for the club within the next couple of weeks.

What's going on Sheikh? No doubt we'll find out sooner rather than later.