Leeds United owner Andrea Radrizzani is on the verge of selling another 15% stake to the San Francisco 49ers as NFL franchise look to increase their shareholding… with the Premier League side now valued at £240m
- The San Francisco 49ers bought a 10 per cent stake in Leeds two years ago
- They are now closing in on a deal to increase their stake to 25 per cent
- The deal with the NFL franchise will value Leeds at around £240million
- Andrea Radrizzani only paid £45m to buy the Elland Road club back in 2014
- PSG’s owners, Qatar Sports Investment, failed in a bid to buy Leeds last year
Leeds United owner Andrea Radrizzani is close to selling another significant stake to the San Francisco 49ers in a deal that would value the club at around £240million.
Sportsmail has learned that negotiations are at an advanced stage, with the 49ers aiming to increase their shareholding at Elland Road to 25 per cent. They bought an initial stake of 10 per cent two years ago.
Radrizzani paid Massimo Cellino £45m in two instalments to take control at Leeds in 2014 and the club’s value has rocketed under his stewardship.
Leeds players celebrate during their 5-2 thrashing of Newcastle on Wednesday evening
The owners of NFL franchise San Francisco 49ers are close to increasing their stake in Leeds
After stabilising the financial situation, the Italian showed his ambition by hiring Marcelo Bielsa as manager two and a half years ago.
He persuaded him to stay at Leeds after a heartbreaking Championship play-off defeat at the end of his first season in charge — a show of faith that was rewarded with their return to the Premier League after a 16-year absence last summer.
The 49ers recognised Leeds’ potential by buying into the club in 2018 having been courted by Radrizzani for three years. With Bielsa showing signs of establishing them in the Premier League, the NFL franchise are ready to increase their stake.
Andrea Radrizzani bought Leeds for £45million but the new deal will value the club at £240m
The Elland Road club are 13th in the Premier League table after returning to the top-flight
The 49ers president Paraag Marathe has joined the Leeds board and has spoken about the club’s potential.
‘The sky is the limit for Leeds,’ he said. ‘This is not a club where we made it to the Premier League and we are barely trying to hang on by the laces of our shoes. No. This is a club which can become a big contender.’
Radrizzani received a purchase approach last year from the owners of Paris Saint-Germain, Qatar Sports Investment, but wants to maintain his controlling interest.