Published 15:13 IST, December 17th 2020
Leeds United owner to sell another 15% stake to NFL side San Francisco 49ers
Premier League outfit Leeds United might soon see a further 15% stake sold to National Football League (NFL) outfit San Francisco 49ers.
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Leeds United me rapid strides with ir promotion to Premier League this season after winning Championship. Having started off ir Premier League campaign with a defeat against Liverpool, y w languish mid-table in English top flight. Amid struggle on field, Leeds have also been in spotlight for ir ownership concerns as club's owner Andrea Rrizzani is close to selling club's 15% stakes to National Football League (NFL) side San Francisco 49ers.
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Premier League latest update: San Francisco 49ers to extend stake in Leeds
Leeds United owner Rrizzani has agreed to sell ar 15% stakes of club to San Francisco 49ers. NFL outfit h earlier bought a 10% stake in n-Championship outfit two years ago. San Francisco 49ers are willing to extend ir stake to 25% with ongoing talks. According to a report by Sportsmail, talks are believed to be in an vanced st of negotiations. current Leeds United owner h paid £45 million in two instalments to Massimo Celli in 2014.
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Leeds United's rise under Andrea Rrizzani
Ever since acquisition, club's value has skyrocketed. Italian has brought about a magnificent change at club. He initially brought financial stability, following it up with hiring of Marcelo Bielsa to le club from sidelines two and a half years ago.
Bielsa was on verge of an exit after heartbreaking Championship playoff defeat. But Rrizzani showed immense faith in manr, which ultimately paid off when team booked a spot in Premier League, after winning Championship, returning to England's premier football league after a 16-year absence.
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NFL news: 49ers impressed with Leeds' progress
49ers have shown faith in potential of club, propelling purchase of a 10% stake in 2018. w, with Bielsa appearing to bring about stability in team's position in Premier League, NFL giants look to furr up ir investment. 49ers president Paraag Mara has joined Leeds United board as well.
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Speaking on club as quoted by DailyMail, he said, " sky is limit for Leeds. This is t a club where we me it to Premier League and we are barely trying to hang on by laces of our shoes. . This is a club which can become a big contender."
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Im courtesy: Kalvin Phillips Twitter
15:13 IST, December 17th 2020