49ers Enterprises could lose key investors after Leeds United takeover news
Leeds United were finally relegated from the Premier League on Sunday 28 May, and it was exactly what they deserved after a miserable end to the season.
There are a lot of things up in the air in the boardroom right now with the 49ers Enterprises takeover needing to be renegotiated from the previous £500million agreement with Andrea Radrizzani.
The disgraced Italian owner in the eyes of Leeds fans is now looking to part-finance a takeover of Serie A club Sampdoria, not turning up to Elland Road for the Spurs game.
Phil Hay reported in the last 24 hours for The Athletic that the 49ers still want to complete their takeover despite the club dropping into the Championship but on two conditions.
The NFL-based consortium wants Radrizzani out of the door, but they also want to pay a market price which reflects the drop out of the Premier League.
This is where the sticking point emerges.
The 49ers consist of multiple investors, even including some political figures in the United States, and they don’t all appear to be on the same wavelength.
It has also been reported by the Guardian that not all of these investors are keen on buying into a Championship club, but a compromise could be reached.
With the price falling so dramatically to closer to £150million, there is serious profit to be made on any investments from the 49ers Enterprises.
We hope that this will draw them in to sign on the dotted line and take this mighty club forward after Radrizzani threw all of his own hard work away.
Getting Marcelo Bielsa to the club and then finishing 9th in our first Premier League season was incredible, but that now means nothing with poor business all around meaning we will start again in the Championship.
With investors split at the 49ers Enterprises, there is a chance they could lose some key personnel in their takeover, although there are still plenty of positives in this club.
The groundwork is there and with money to be made from player sales and another shot at promotion, hopefully, a deal can be concluded within days, not weeks.