IslamicFinance.de

Bahrain-based investment firm Gulf Finance House (GFH) has agreed a partial sale of its stake in English football club Leeds United. GFH said the sale was agreed with British investors, whose details the firm did not specify. The investment firm did not provide details on the stake value or the size of the stake sold. GFH bought Leeds United in December 2012 through its Dubai-based subsidiary, GFH Capital, but its financial statements showed that the firm disposed off more than half of its holding less than six months later.