Italian businessman Andrea Radrizzani offered Leeds United for 40 million euros in 2017. He is about to hit a jackpot.
After Newcastle a few weeks ago, bought by the FIP (the investment fund of Saudi Arabia), it is Leeds which is about to enter a new era. Marcelo Bielsa’s club should be bought by the holding company that owns the San Francisco 49ers (NFL). If the Magpies cost 350 million euros, the Whites, they will sell for more than 550 million!
Andrea Radrizzani, an Italian businessman who made his fortune in sports media, bought Leeds United (also owner of Elland Road) for just 40 million euros in 2017. 49ers Enterprises acquired a 15% stake in the club in 2018 before having 37% in early 2021. An option was then negotiated to buy 100% of the club for a total of 475 million pounds (558 M €), according to The Athletic.
Northern Californian investors have until January 2024 to confirm the purchase, but the transaction could be finalized ” shortly As the well-informed American media announced. Back in the Premier League in 2019 under the leadership of “El Loco”, Leeds has since spent 160 million euros on transfers. But will the Argentine coach still be in charge during the American Revolution? Not sure…
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