Double or nothing: Bates tells Canadian consortium to offer 80m for Leeds

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UPDATED:

21:42 GMT, 29 May 2012

Ken Bates wants a mystery Canadian consortium seeking to buy Leeds United for 40million to double their offer.

In a statement on Tuesday, the club welcomed the potential investment but stressed ‘the quality of the investor is the most important factor in terms of the long-term development of Leeds United’.

Looking for more: Ken Bates wants the Canadian investors to double their offer

The consortium are unwilling to stretch their offer too far given complexities over the ownership of Elland Road and the surrounding land and the training ground.

Potential: Leeds could be taken over