Finance Expert reacts to 49ers Enterprises twist at Leeds United that has caught everyone out
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 insisted that it is not abnormal for the 49ers Enterprises to be selling minority stakes in Leeds United only months after their full takeover.
Bloomberg reported on 20 November that a minority stake is currently available after investment from Ackerley Partners was shared after a statement was seen.
The finance expert has shared that the news may have caught everyone out but American firms tend to move quickly in what, on paper, is a positive update.
“I don’t think it’s abnormal,” he exclusively told MOT Leeds News.
“Every business operates differently and it seems to be that there may be rumours that it has been in the background for a while and we’ve just only found out about it recently.
“It’s not abnormal is the way to term it, it seems part of a deliberate bigger play.
“You look at the owners and their background, American firms, venture capital firms, they move quite quickly in the market and that’s the kind of way they operate and as I say, it’s about what those partners are stating already and what they can bring to the table, all with a desire of getting back to the Premier League as quickly as possible.
“So, whilst the news might have caught us out a little bit from the outside looking in, it’s probably been there for a while and is ready to go when the club see fit and that then points to a longer-term strategic vision and how they can bring other investors in to support growth which again, on paper, is all positive news.”
In other Leeds United news, our Expert also believes that the Whites could fine one of their players after an incident