The 49ers submitted papers in America to approve their investment two weeks ago and now things seem to be accelerating with more information on the deal arriving.
The deal to increase the 49ers’ stake reportedly puts an overall £240 million value on Leeds United, in which it was massively boosted by this season’s return to The Premier League. Since then Leeds have made several lucrative sponsorship deals, amounting to as much commercial revenue this season as Tottenham this season.
Now Andrea Radrizzani is ‘on the verge’ of selling another stake amounting to around 15%, although this figure may be slightly inaccurate as The 49ers were gaining small percentages over the two years Leeds remained in The Championship.
But since promotion to The Premier League, The 49ers have made it publicly clear that they intend to increase their involvement and investment big time, and it looks like they are about to deliver on that promise.