Leeds United have confirmed chairman Ken Bates has taken control of the club after buying out FSF Limited.
Club hope announcement will end speculation over who is in charge
Leeds United have confirmed chairman Ken Bates has taken control of the club after buying out previous owners FSF Limited.
The ownership of the Championship club had been the subject of plenty of speculation in recent weeks, particularly during the football governance enquiry by MPs.
In an attempt to end any doubts over the identity of the club's owners, it has been revealed that Bates is now Leeds' controlling shareholder.
The Whites, who look set to miss out on a play-off spot, hope the announcement will bring an end to any 'scaremongering' regarding the club's ownership.
Political obsession
A club statement read: "There has been much speculation in the media as to the ownership structure of Leeds United and its compliance with the relevant regulations of the Football League and the Football Association.
"The speculation has been further fuelled by the coverage of the football governance enquiry and the political obsession with the ownership of Leeds United.
"Both the Football League and the Football Association have confirmed that the current ownership structure of Leeds United complies with both their regulations.
"The scaremongering arising out of the football governance enquiry has not been helpful and, whilst the board were always confident that there were no issues, recognise the concern the unknown outcome of any Premier League questions may have on our members.
"To address this issue and in the hope that this brings an end to the speculation, the chairman, Ken Bates, has completed the purchase of FSF Limited for an undisclosed sum. FSF Limited is now owned by Outro Limited which is wholly owned by Ken Bates.
"This change in ownership structure makes Ken Bates the controlling shareholder of Leeds United and delivers the transparency sought.
"The revised details have been submitted to the Football Association, the Football League and the Premier League in accordance with their regulations. Further to the submission of these details both the Football League and the Premier League have confirmed that the new ownership structure satisfies their regulations. The board do not anticipate any issues in securing approval of the Football Association in due course."
