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Paraag Marathe, previously Leeds vice chairman,
would take over as chairman from Radrizzani, Leeds said.
"This transition is a necessary reset to chart a new course for
the club," Marathe said in a statement.
"We have already appointed a highly respected First Team Manager
with a track record of success, and we are confident Leeds will
field a competitive squad to contend for promotion next season.
"We have a responsibility to ensure this club makes our staff,
players, supporters and the Leeds and Yorkshire communities
proud."
Leeds appointed former Norwich City boss Daniel Farke as their
new manager two weeks ago, on a four-year contract, to replace
Sam Allardyce who left the club by mutual agreement following
their relegation from the Premier League.
German Farke led Norwich to the Premier League in his second
season before they were relegated back to the second tier in
2019-20. They won the Championship and secured an immediate
return to the top flight in 2020-21.
"It has been an honour to guide Leeds United over the last six
years and to spend so much time with the best fanbase in the
world," Radrizzani said.
"49ers Enterprises have been fantastic partners for years and
I'm confident they will take Leeds to the next level."
The statement did not say whether the Italian, who is also
chairman and founder of sports broadcasting group Eleven Sports,
would still be linked to the club.
(Reporting by Anita Kobylinska in Gdansk; editing by Clare
Fallon)
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