L.U.S.T. Update: Trust Questions and Answers
Wednesday, July 4, 2012 at 10:24PM Over the last few days, Leeds United Supporters' Trust have been deluged with questions and comments from Leeds fans, all wanting news and updates about the ongoing takeover at Elland Road.
L.U.S.T. is committed to maintaining an open and honest dialogue with our 7,000 members, and with the Leeds United fan base in general. We are available via email, Twitter, Facebook, on forums, and at our regular public meetings.
We do everything we can to reply to everyone who has a question or a comment for us, but the level of interest of late has made it next to impossible to answer everybody who wants to have the latest news. Our social media accounts are run by volunteer members of the L.U.S.T. board, and despite their stoic efforts in recent days and weeks - for which we'd like to publicly record our thanks - it isn't possible for them to individually answer everybody who contacts us.
There are certain questions being repeatedly asked that we simply cannot give an answer to. Any announcement about who is involved in negotiations, or when such negotiations will be complete, will come from either Leeds United, or from the "potential investor" that the club announced on 26th June had been granted an exclusivity period while due diligence takes place. At the moment, both sides are prevented from making comments by a confidentiality clause, and we have to respect their right to conduct the negotiations as they see fit.
Due diligence can be a long process, and trying to predict how long this might take will be difficult even for those closest to the deal. At L.U.S.T. we have tried to respond to fans with what we feel are realistic estimates for time-frames, but the only concrete news will come when the club or the investor chooses to announce it.
We understand and sympathise with the desire for information that is so obviously dominating the thoughts of many Leeds fans. We all want to see a swift conclusion to this situation, so that we can concentrate our energies on what we hope will be a bright future for Leeds United. We hope that the club and its potential investor will be as open with the fans as they can, as soon as they can, while still keeping the conditions in place which will allow them to successfully complete the deal.
We would ask all Leeds fans to remember, though, that no answer we can give you will bring the takeover to a conclusion any sooner. The latest known information is that given in the club's statement of 26th June: the club are negotiating exclusively with a potential investor, who are undertaking due diligence at the moment, and a confidentiality clause is in place.
We will not have any more definite information than this until the club and its potential investor decide to release that information. At L.U.S.T., we will continue to do all we can to build an ambitious and successful Leeds United for the future, and we hope that Leeds fans will not have to wait too much longer to hear a positive update. We urge you all, in the meantime, to stand together and be patient until there is news to hear.
Reader Comments (7)
Fantastic work l.u.s.t are doing keep up the good work boys. Let's hope for a successful takeover comes soon. I would say to fellow Leeds fans not to listen to what some fans are posting on twitter.
Keep the faith and march on together
Yes, very interesting but all that aside, do you know who the new owners are and when this takeover will complete? (cough)
Also, please confirm the existence of the Higgs Boson whilst you're at it, ah, too late, CERN beat you. Message to the negotiating parties from all LUFC fans:
"Get on with it"
Kind regards,
Mr Walt Masinga,
would u like a jam sandwich good sir
Thank You for all the updates L.U.S.T, Your doing a top job for all our Fans, and I would like to thank you all for your part in what is happening at ER...Let the good times roll...........MOT
Thanls for the update, I think the main reason the Leeds fans are so uptight and desperate for a conclusion is the fact that we have been constantly let down with bad news over the last 10 years. The feeling amongst a lot of fans is that we are simply waiting for something to go wrong and the takeover to collapse.It would be nice for the club to at the very least, give us all some positive news, if it is only the information that the deal is nearing a conclusion and that there have been no hitches. It's the silence that is slowly eating away at the fans. We are all just waiting for bad news, what we as the fans are so used to hearing.
You appear a top organised group. Your own time and commitment is appreciated by many fans. Nice to see some integrity in the game!
so it looks like it's happening again,best player and another captain signing for the small canaries who will do well to survive relegation no chance of winning anything.Snodgrass must know more than us re takeover to turn down the eventual oil rich buyers money,why would the new owners let him go now for £3 million ? with another season under contract so then he goes for nowt so what ,we could be in the Prem then,very concerned that this is about to happen unless they have someone say like Messi lined up!!!!!!!!.
LUST must know a lot more than us but starangely quite ,cannot believe that it's taken all this time for the take over to happen and the secrecy involved,hope i'me wrong and it's about to happen,again supporters are treated like mushrooms.
mot