Leeds offshore investors being investigated

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Interesting quote: "Astor Investment Holdings, which is registered in the British Virgin Islands, secured its loans to Leeds last month through a debenture mortgage. That development is expected to make it a preferential creditor in administration." Just a month ago, eh?

It's something else that's gradually happening in football - funding coming from offshore companies (eg. Chelsea, Fulham) that are nearly entirely opaque to UK authorities. The stink just gets worse ...

Posted By: BerlinCanary on May 5th 2007 at 13:30:04


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