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49ers Enterprises to Purchase Leeds United Shareholding: Premier League Approval Awaited

the american group 49ers Enterprises has reached an agreement with the owner of the Leeds United, Andrea Radrizzanifor the purchase of its shareholding of the English club.

He Leeds announced the agreement this Friday, which is waiting to receive approval from the Premier, which will have to evaluate whether the new owners are suitable to enter the League.

Several weeks

This process could last several weeks, since the Premier renewed this regulation to avoid the entry into the competition of insolvent owners or whose funds come from irregular businesses.

“Leeds can confirm that an agreement has been reached between Aser Ventures and 49ers Enterprises for the purchase of the club. Both parties will continue to work out the details and more details will be released soon,” said the Leeds it’s a statement.

49ers Enterprises is the investment arm of the NFL franchise San Francisco 49ers and its president is Paraag Marathewho has been vice-president of Leeds since 2021.

Straighten them up took over the club in 2017 and owned 57% of the Leedsbut he has decided to get rid of his shareholding package after the disastrous season that the ‘whites’ have completed, with three coaches fired, along with the Spanish Victor Ortasports director, and relegation to the Championship three seasons after rising, with the Argentine Marcelo Bielsa commanding.

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The club’s valuation plummeted with the relegation and this purchase will allow the American group to invest adequately to ensure its future, in addition to unlocking the sports field, in which planning for the next season is stopped due to the lack of a coach and a sports director.


2023-06-09 22:49:20
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