Oh dear. Somebody has probably got too close to the truth so GFH Capital have rushed out a statement trying to calm everybody down. It seems the parent company let the cat out of the bag in the financial audited report, but that was scripted for one set of eyes, not for public consumption.
So, why exactly is the parent company saying one thing and the holding company another? Is this bank really in such a mess that the left hand doesn't know what the right hand is doing? Believe that if you will, but it is stretching credibility somewhat.
Leeds fans should be very worried. Why are the owners giving out these mixed messages? It seems that the parent company feel the need to suggest that there will be an injection of cash soon, which makes you wonder about their financial health. Why else would they make this statement, knowing it ran contrary to the message Haigh and Patel were trying to disseminate?
Ed the Duck asked last week if the government could organise anything in a brewery and, of course, being an Islamic bank, GFH Capital clearly couldn't! And boy is it showing!