Leeds United could have a new majority owner by the time the next transfer window arrives, with The Athletic reporting that figures close to the deal expect 49ers Enterprises to take full ownership at Elland Road by the summer at the latest.
The handover from Andrea Radrizzani’s time in charge has been on the cards for some time. He initially sold a minority stake in the club in 2018.
That stake has now increased to 44 percent, with The Athletic reporting that 49ers Enterprises have the option to complete their full takeover by January 2024. A previous report from The Athletic has suggested that that would cost in excess of £400 million.
Full Leeds takeover expected before the summer
Obviously, they have around a year left to take up that option. But it would appear that the full takeover is set to come a lot sooner.
In fact, The Athletic reports that figures involved in the talks expect it to happen by the summer at the latest. Talks have intensified more recently.
It is hard to not have mixed feelings about the possibility of Radrizzani stepping aside. For some, he has not been good enough as an owner. And there seems to be little question that Leeds cannot compete with the heavyweights without something changing behind the scenes.
The Italian has definitely made mistakes. But his tenure has largely been a positive one. And he will definitely leave the club in a much, much better place than where he found it – no matter what happens in the remainder of the season.
There is also the uncertainty of not knowing quite what the new owners will do. Hopefully, the fact that Leeds have just broken their transfer record is an encouraging sign.
Perhaps we will not need to wait too long to find out what direction 49ers Enterprises will look to take Leeds in.