Dubai firm, ELKALEH LLC, put in bid for Crusaders

[yakstorm]

STATEMENT: Takeover Offer Accepted

North Wales Crusaders are excited to announce that the club has reached an agreement with ELKALEH LLC of Dubai, United Arab Emirates, for the group to acquire a majority shareholding of the club, subject to the approval of the Rugby Football League.Following an extensive range of talks, the...

www.nwcrusaders.co.uk

I'm not going to lie, I thought when I saw a new Club Statement come out from the North Wales Crusaders, it was going to something about the club pulling out of L1 or another plea for support, so was surprised to see that UAE firm, ELKALEH LLC, has put in a bid to buy them outright.

ELKALEH appears to be primarily into crypto and the face of the bid is former Hull KR high performance coach, Jamie El-Kaleh.

 

[Pippen94]

STATEMENT: Takeover Offer Accepted

North Wales Crusaders are excited to announce that the club has reached an agreement with ELKALEH LLC of Dubai, United Arab Emirates, for the group to acquire a majority shareholding of the club, subject to the approval of the Rugby Football League.Following an extensive range of talks, the...

www.nwcrusaders.co.uk

I'm not going to lie, I thought when I saw a new Club Statement come out from the North Wales Crusaders, it was going to something about the club pulling out of L1 or another plea for support, so was surprised to see that UAE firm, ELKALEH LLC, has put in a bid to buy them outright.

ELKALEH appears to be primarily into crypto and the face of the bid is former Hull KR high performance coach, Jamie El-Kaleh.

Interesting how this impacts on grading where club is dead last.

 

[Foreign Legion]

Rugby League in Wales: 'Sky is the limit' - Richard Hibbard

The new domestic rugby league season kicks off this weekend with a new title sponsor, new trophy and fresh optimism.

www.bbc.com

 

[Pippen94]

Rugby League in Wales: 'Sky is the limit' - Richard Hibbard

The new domestic rugby league season kicks off this weekend with a new title sponsor, new trophy and fresh optimism.

www.bbc.com

That's see how it goes..

 

[The Daddy3]

I hope this turns into something positive for the game in Wales

 

[Perth Red]

Would love to see a successful welsh club in SL. You’d think if RL was going to take off anywhere south of Doncaster it would be there. Let’s hope these owners have the money to invest that’s needed.

 

[RL The greatest game]

STATEMENT: Takeover Offer Accepted

North Wales Crusaders are excited to announce that the club has reached an agreement with ELKALEH LLC of Dubai, United Arab Emirates, for the group to acquire a majority shareholding of the club, subject to the approval of the Rugby Football League.Following an extensive range of talks, the...

www.nwcrusaders.co.uk

I'm not going to lie, I thought when I saw a new Club Statement come out from the North Wales Crusaders, it was going to something about the club pulling out of L1 or another plea for support, so was surprised to see that UAE firm, ELKALEH LLC, has put in a bid to buy them outright.

ELKALEH appears to be primarily into crypto and the face of the bid is former Hull KR high performance coach, Jamie El-Kaleh.

This can only be good for Welsh and British Rugby League

 

[yakstorm]

This can only be good for Welsh and British Rugby League

Hopefully. Anything that ensures the long term stability of the Crusaders is welcome at the moment.