Leeds reveal new owners - Sport in brief - Evening Standard
       

Leeds reveal new owners

Newly-promoted Guinness Premiership outfit Leeds gained new owners on Monday when Leeds Metropolitan University took a majority stake in the club.

The Yorkshire club have dropped the Tykes from their name and will be known as Leeds Carnegie from July 1 when the ground-breaking arrangement officially comes into force.

The University's sports faculty Carnegie have taken a 51% stake in the club and will be represented on the new four-man board by vice-chancellor Simon Lee and finance director Stephen Willis.

Gary Hetherington will continue as chief executive and represent Leeds Rugby Ltd on the board, alongside commercial director Rob Oates.

"This is a unique development whereby a professional sports team and a higher educational establishment come together," Hetherington told a news conference at Headingley.

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