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GFH Financial Group information


GFH
Company typePublic
Traded as
BHSE:GFH
DFM: GFH
Founded1999; 25 years ago (1999)
HeadquartersBahrain Financial Harbour,
Manama
,
Bahrain
Area served
Middle East
Key people
Hisham Alrayes (CEO)
ServicesInvestment banking
DivisionsWealth Management
Commercial Banking
Asset Management
Real estate investment
SubsidiariesGFH Capital
Websitegfh.com

GFH Financial Group, previously known as Gulf Finance House, is an Islamic investment bank with headquarters in Bahrain Financial Harbour, Bahrain.[1]

One of its most notable investments is a 25% stake in the UK Football Premier League club Leeds United[2] through their wholly owned subsidiary, Dubai-based GFH Capital, having initially acquired 100% ownership of the club from Ken Bates in December 2012.[3] On 7 February 2014 GFH Capital announced that they had exchanged contracts for the sale of Leeds to Massimo Cellino's family consortium 'Eleonora Sport Ltd'. The deal saw the Cellino family acquire a 75% ownership of the club in April 2014 after winning an appeal against the Football League's decision initially to block the sale.[4]

  1. ^ "GFH New Brand". Gulf Daily News. 22 Nov 2014.
  2. ^ "Cellino given go-ahead to purchase Leeds United". Reuters. 5 April 2014.
  3. ^ "Leeds United: GFH Capital completes takeover". BBC. 21 December 2012.
  4. ^ "Leeds United: Massimo Cellino wins takeover appeal". BBC. 5 April 2014.

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