Leeds United owner Radrizzani agrees to sell to 49ers Enterprises

[June 10, 2023]  (Reuters) - Leeds United owner Andrea Radrizzani has reached an agreement to sell his stake in the club to 49ers Enterprises, the second-tier English side said on Friday.
 
49ers Enterprises, the investment arm of the NFL franchise San Francisco 49ers, have been a shareholder at Leeds, recently relegated from the Premier League, since their initial investment in May 2018. 

Soccer Football - Championship Play-Off Semi Final First Leg - Derby County v Leeds United - Pride Park, Derby, Britain - May 11, 2019 Leeds United chairman Andrea Radrizzani looks on from the stands. Action Images via Reuters/Craig Brough

Over the last few years, their stake increased to 44 percent, while Radrizzani's Aser Ventures owned the remaining 56 percent. Leeds said that a purchase had now been agreed.

"Both parties continue to work through the details, and further updates will be provided soon," said a statement.

Earlier this season, Radrizzani and his partner Matteo Manfredi made a purchase of the relegated Serie A club Sampdoria.

Leeds were relegated from the top flight this season after a roller-coaster season under four different managers. They finished second from bottom in the standings on 31 points.

"All of our focus remains on a quick return to the Premier League," the statement added.

(Reporting by Tommy Lund in Gdansk; Editing by Christian Radnedge)

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