Finance Expert: Premier League status will be critical for 49ers takeover of Leeds United
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Leeds United...
Dan Plumley has shared that the 49ers’ takeover of Leeds United is now in “Critical” status as they look to finalise their move for 100% control of the club.
The Finance Expert insisted that it will all depend on the Whites keeping their Premier League status this season as the Americans look to step in at Elland Road.
It comes after The Times reported that US banking sources have revealed that money is being prepared to complete the takeover before the January 2024 deadline.
“Again, it does depend on the situation at the club at the time,” he exclusively told MOT Leeds News.
“This is one interesting because it has always been lined up to happen at some point, so we’ve seen the 49ers increasing their stakes and buying up parts of the club, and we know they have this option for a full takeover, so that doesn’t necessarily mean it happens any faster, but it’s all roads have been leading to this point, so things are picking up a little.
“Premier League status will be key to this, so they will see where the club will be in the summer, and then, you’re usually talking months rather than weeks to complete takeovers, but the end-of-the-season point feels critical with this one given the league status.”
Andrea Radrizzani is on his way out at Elland Road, and it has been a mostly successful time in charge.
The Italian will be remembered for getting the Whites back into the Premier League after 16 years away, but things have turned slightly sour in recent years with a lack of investment the main complaint.
All eyes are now on the 49ers, who may need to see Leeds keep their top-flight status before moving in.
In other Leeds United news, the Whites could look to reduce their payments on Jean-Kevin Augustin with yet another court case