Last Word on Football understands from a reliable source that 49ers Enterprises’ takeover of the club “should be done by Friday”. Our source is believed to be a club insider and revealed the news of Jesse Marsch’s sacking in February to Last Word on Football in the days prior to the initial announcement. The news comes amidst a breakthrough in current Whites owner Andrea Radrizzani’s pursuit of a deal for Sampdoria.
Leeds United Ownership Change ‘Should Be Done by Friday’
What Was the Major Breakthrough?
One of the biggest factors in the change of ownership is likely Andrea Radrizzani’s successful bid for Italian club Sampdoria. The Serie A side was relegated at the same time as Leeds United, making it a rebuild job for the owner. Aside from relegation, the club are struggling with severe debt issues, something their new proprietor is sure to try to resolve.
Because Radrizzani has made no public statements about the Yorkshire club since early April, with his only correspondence being a leaked DM on Twitter, there are clear signs of an exit.
Read More: Andrea Radrizzani Makes £35 Million Decision
The Current Leeds United Ownership Structure
Leeds United are currently majority owned by Andrea Radrizzani, with the San Francisco 49ers having a major stake in the club at 44%. This deal would look to bring the investment group to 100% ownership, putting an end to the uncertainty over the decision-making at the club.
Completing a deal by Friday, as the leak suggests, is looking more and more important. The Whites are rebuilding over the summer, with no manager or Director of Football as the squad looks to be dismantled. Purchasing the club within the week brings much more certainty and immediacy to the process.
Read More: Leeds United’s Decision Making Has Been Highly Inconsistent
What is Fan Opinion Like?
Fans are ultimately positive about the move. Crowds sang “Sack the board” throughout the final match of the season, making their stance incredibly clear. Ultimately, changes are necessary at a boardroom level and beyond, with an ownership change being just the start of that.
