Leeds United could be sold soon. The amount is impressive

The current owner of the Leeds club is Andrea Radrizzani. In 2017, the Italian bought the club’s shares in two installments, in January and May. In June, he also bought the Elland Road stadium which was sold by the club in 2006 due to financial problems caused by relegation to a lower league.

Photo: George Wood / Stringer / Getty Images

Elland Road. Leed United club stadium

In 2018, 10 percent of the club’s shares were bought by the San Francisco 49ers. In November this year, they acquired another shares, increasing their ownership to 44 percent. They have the option to buy the rest of the shares, and this would make them the sole owner of Leeds United. The closing of the deal would cost the San Francisco 49ers over £ 500m.

CEO Andrea Radrizzani remains the majority shareholder, however, and his company, Aser, has the option to cancel the deal. In that case, the San Francisco 49ers company would not acquire any more shares in the club.

Photo: Tim Goode – PA Images / Contributor / Getty Images

Leeds United will be sold? The price may be as high as 500 million. pounds

In Leeds United since 2017, our representative plays with a short break on loan, Mateusz Klich. This season, he and the whole team are not doing very well. In 13 games, he scored only one goal. Peacocks in their second season in the Premier League are currently placed 14th in the table.

About David Martin

David Martin is the lead editor for Spark Chronicles. David has been working as a freelance journalist.

Check Also

Oscar in FC Barcelona? The Brazilian confirmed the talks with the “Pride of Catalonia”

Oscar’s great return to Europe? The former Chelsea player confirmed the talks with FC Barcelona …

Leave a Reply

Your email address will not be published. Required fields are marked *