A Leeds United sale to 49ers Enterprises is looking like it will happen sooner rather than later, after owner Andrea Radrizzani had an interview with Corriere Della Sera. Radrizzani said “change is healthy” before discussing the potential for a buyout.
Leeds United Sale to 49ers Enterprises Increasingly Likely
What Did Andrea Radrizzani Say?
Andrea Radrizzani said in the interview that “it is right to let those who can invest more than me go forward”, referring to the 49ers and their clause that allows them to buy the club at a set price. The interview also included references to attempts at buying the Italian club Salernitana, which could be the start of a multi-club network for Leeds United.
The Italian businessman also went on to discuss a “new phase” with “new targets”. This indicates that a transition away from working as the owner of the Yorkshire club could be on the cards.
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Why is a Leeds United Sale Likely?
Radrizzani selling the club is looking more and more likely as time goes on. The aforementioned clause that would see the side sell for £400 million expires at the start of 2024, and the deadline is getting closer and closer whilst 49ers Enterprises are showing no sign of divesting from the club.
What Would a Leeds United Sale Mean?
A Leeds United sale would be an excellent sign for Whites fans. Their current owner’s net worth is estimated to be around £450 million, with a lot of that value being tied up in the Elland Road club. 49ers Enterprises, on the other hand, have an incredible amount of wealth backing them. This includes Australian billionaire Peter Lowy and plenty of other wealthy investors.
The real question is how much money would the owners invest. Lowy is a known Leeds fan, which indicates there would be some interest in investment, but investment vehicles ultimately aim for profit. A Leeds United sale could be perfect for the club, but fans could be wary of becoming another cash cow.
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