Finance Expert shares 49ers takeover delay at Leeds United with queue started
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 there will be a queue of takeovers for the EFL to manage as the 49ers Enterprises deal for Leeds United continues to be delayed.
An agreement has been confirmed between the two parties already, but the takeover has not been officially announced at Elland Road by either party.
With 60 or more total investors involved in the American consortium, the finance expert admitted that every last one of them will need background checks.
“You have to check everything out, so it’s likely to be one of the reasons why it will take a little bit of time,” he exclusively told MOT Leeds News.
“More investors and more partners you have in the mix, everyone needs background checks and there is a lot of process work that goes through there.
“Obviously, they are not the only club going through this right now, so from the EFL’s perspective, there is a queue of clubs in there as well so these things take a little bit more time than we think and the number of investors would likely be a cause because of that.”
There is not only the takeover that needs sorting at Elland Road, but Leeds are also on the hunt for a new manager with Paraag Marathe particularly involved already.
With the Championship season nearly one month away, things need to start moving very quickly.
In other Leeds United news, a double exit is now on the cards after the latest £190m news at Elland Road