So what has happened to discourage Adam Pearson from investing in Leeds United? Not so long ago, he was quoted as saying that we wanted to get back into football and identified Leeds as an ideal target, and with GFH Capital announcing that they were looking for investors, commentators rushed to put two and two together. But on this occasion it seems the answer they arrived at was five.
So, does Pearson not fancy the Arab bank built on sand as a partner? Or is the continued presence of Master Bates the issue? Or is the likelihood of at least one more year in the Championship putting him off?
Maybe the stay away fans are to blame.
Whatever the reason, it seems a sudden volte face following an interview in which he was reported to have said: “I will definitely get back into football. I would like to go in with a consortium with a club that has huge potential. The one that stands out is Leeds United.”