We’re delighted to welcome former England goalkeeper Paul Robinson as our exclusive columnist. Each week he’ll be giving his views on the biggest talking points at Leeds United…
Paul Robinson has said that it looks like fresh investment in Leeds is imminent, after the San Francisco 49ers opened a new Venture Capital Fund called ‘Leeds II’.
They bought their existing tranche of around 10% of the club from a fund called ‘Leeds I’ in 2018.
The new ‘Leeds II’ was spotted last week by a Leeds fan and picked up by Mike Thornton, a director of Leeds Fans Utd.
However, as @LEGSYN8GELDERD mentioned last night, 49ers have opened a new Venture Capital Fund to raise money for a new investment and named it "Leeds II"
Their "Leeds I" fund was used to provide the cash to buy their shares in #LUFC in 2018
— MikeT/AdrianTeakdesk (@Mike_J_Thornton) December 3, 2020
Robinson hailed the partnership as “fantastic” for Leeds and dubbed the 49ers a global “superpower” in business and sport.
Leeds have been valued at £300m by Andrea Radrizzani so another 10% stake would cost around £30m.
Talking exclusively to MOT Leeds News Robinson said, “Well, an American firm setting up a fund called ‘Leeds’, it gives you more than half an idea that they’re coming back into invest in the club again.
“You don’t need to look too deep into that but it really looks like fresh investment is coming into Leeds.
“From the business side of things, investment for Leeds is fantastic for the club.
“But the 49ers are a world superpower in sport and business and having them on board is a huge bonus.
“You’re just getting an investor who doesn’t know how to market a global business, you’re getting the business acumen that comes along with the money.
“It’s the perfect partnership for Leeds.”
Some Leeds fans will be hoping to see investment ahead of the January window but we’re not convinced that new investment is going to fund a splurge on new players.
Leeds do need a midfielder but Marcelo Bielsa is notoriously anti the January window and the club hasn’t had much success in bringing players in midway through the season in past years.
In other Leeds United news, Former Premier League referee delivers verdict on Poveda controversy in Leeds clash v Chelsea