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Business Miscellaneous in Business . 3 months ago
GFH Financial Group, previously known as Gulf Finance House, is an Islamic investment bank with headquarters in Bahrain Financial Harbour, Bahrain.
One of its most notable investments is a 25% stake in the UK Football Premier League Club club Leeds United through their wholly owned subsidiary, Dubai-based GFH Capital, having initially acquired 100% ownership of the club from Ken Bates in December 2012. On 7 February 2014 GFH Capital announced that they had exchanged contracts for the sale of Leeds to Massimo Cellino's family consortium 'Eleonora Sport Ltd'. The deal saw the Cellino family acquire a 75% ownership of the club in April 2014 after winning an appeal against the Football League's decision initially to block the sale.
Posted on 29 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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