Ugandan property tycoon Michael Ezra says his bid for Leeds United is being held up by a dispute over the board's composition, the state-owned New Vision newspaper reported today.
Leeds, who are 80 million pounds in debt, declined to comment on whether it was discussing a bid with Ezra.
Ezra told New Vision he had held a meeting at Leeds United on Monday and given them two days to accept his bid.
"The six-man board that I presented doesn't have any Briton and they don't find that acceptable," Ezra was quoted as saying. "They also feel that my board lacks the technical expertise to bolster the club.
"Money is no longer the issue, that has been sorted," he said. "Leeds knows that I have the 60 million (pounds). My board would also spend an extra 30 million to strengthen the team."
Yesterday Leeds stock gained 14 percent on the report of Ezra's interest. Leeds have until Friday to solve their financial crisis after having a creditors' standstill agreement extended on February 6.
Filed by Sinéad Kissane