Leeds United: Chairman Andrea Radrizzani agrees to sell club to 49ers

1 year ago 35

Leeds United president Andrea Radrizzani has agreed a woody to merchantability his involvement successful the relegated nine to co-owners 49ers Enterprises.

The concern limb of the San Francisco 49ers purchased a 15% involvement successful Leeds successful 2018 and accrued that to 44% successful 2021.

Italian Radrizzani bought Leeds outright for £45m successful 2017, but his involvement has dropped to 56% since then.

Managerless Leeds were relegated from the Premier League connected the last time and are preparing for the Championship.

A nine connection read: "Leeds United tin corroborate an statement has been reached betwixt Aser Ventures and 49ers Enterprises for the acquisition of the club.

"Both parties proceed to enactment done the details, and further updates volition beryllium provided soon. All of our absorption remains connected a speedy instrumentality to the Premier League."

After their relegation was confirmed, Leeds United Supporters Club released a connection saying Radrizzani was "no longer an due idiosyncratic to ain Leeds United".

"His behaviour is appalling and helium risks ne'er being invited astatine our nine again," it added."The sooner helium goes the amended and we look guardant to the 49ers Enterprises connection being accepted. The lone mode helium tin statesman to salvage his estimation is done an contiguous merchantability of the nine and the stadium."

The Press Association says a valuation of astir £170m has been agreed. The erstwhile agreement, which depended connected their top-flight survival, was worthy astir £400m - but negotiations restarted pursuing their driblet to the 2nd tier.

Radrizzani's Aser Holding Company precocious bought a involvement successful Italian broadside Sampdoria.

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