"The most important thing is to bring some stability to Elland Road and remove all the uncertainty," said Bates to The Daily Mail.
"I believe we can do that by me bringing my lifetime of experience to help Leeds."
The current Leeds board are expected to resign once he takes control, but Bates is keen for director Peter Lorimer to stay.
"I want Peter to stay because he is an important link between the boardroom, the dressing room and the supporters," he added.
"He is important to Leeds."
The 73-year-old told The Sun: "All the documents have been prepared and now it's just a question of completion.
"Gerald Krasner and his team have performed miracles by reducing the club's debts from £103m a year ago to a present figure of £21m."