Leeds United have announced that the Elland Road stadium they call home has been sold to a company based in the British Virgin Islands. Teak Trading Company has bought the ground from Jacob Alder.

The Elland Road faithful have nothing to worry about, as along with the transfer of the deeds, the clubs right to buy back the 40,000 capacity stadium has also been transferred. Allowing the club to own their ground when they are in the financial position to do so.