Change at Barnham
Well-known member
The Athletic are reporting that the owners of the San Francisco 49ers NFL franchise have a deal in place to buy Leeds United, including Elland Road in the next two years.
They would need to pay another £200m on top of what they have already paid to currently own 37%.
"The investment arm of the San Francisco 49ers has a deal in place to buy Leeds United for a total price in excess of £400 million, The Athletic can reveal.
It is understood that an option exists for 100 per cent control of Leeds to pass to 49ers Enterprises by January 2024.
Leeds, whose market value has rocketed since Italian businessman Andrea Radrizzani bought them for £45 million in 2017, have been majority owned by Radrizzani for four and a half seasons but 49ers Enterprises — a fund controlled by the NFL franchise — is set to secure a full buy-out within the next two years."
The full article from the Athletic:
https://theathletic.com/news/49ers-enterprises-has-option-to-buy-leeds-for-in-excess-of-400m/VNaD4HltRFNZ/
They would need to pay another £200m on top of what they have already paid to currently own 37%.
"The investment arm of the San Francisco 49ers has a deal in place to buy Leeds United for a total price in excess of £400 million, The Athletic can reveal.
It is understood that an option exists for 100 per cent control of Leeds to pass to 49ers Enterprises by January 2024.
Leeds, whose market value has rocketed since Italian businessman Andrea Radrizzani bought them for £45 million in 2017, have been majority owned by Radrizzani for four and a half seasons but 49ers Enterprises — a fund controlled by the NFL franchise — is set to secure a full buy-out within the next two years."
The full article from the Athletic:
https://theathletic.com/news/49ers-enterprises-has-option-to-buy-leeds-for-in-excess-of-400m/VNaD4HltRFNZ/
