Paraag Marathe reacts to 49ers takeover paperwork at Leeds United
Despite the takeover of Leeds United yet to be confirmed, President of 49ers Enterprises Paraag Marathe is quietly confident in their progress, according to Leeds Live.
The outlet revealed that communications between the club and the EFL are back and forth, but that Marathe is content with the required documentation and the club are expected to meet this morning (3 July) regarding the takeover announcement.
This news comes as Leeds players return for their first day of pre-season which will be undertaken without a manager, but Daniel Farke is expected to be announced.
Waiting for the inevitable
While Leeds look set to have a strong season back in the Championship, the fans’ frustration over a lengthy takeover progress is understandable.
The takeover bid has been delayed over the summer and the club feels at a bit of a standstill. The announcement of manager Farke is expected to be confirmed following the takeover announcement also, with the German the frontrunner to replace Sam Allardyce in the dugout [Daily Mail].
Leeds will have their eyes on immediate promotion back to the Premier League but will need to start making signings soon amid a wave of reported player departures including Brendan Aaronson and Jack Harrison.
However, this reported confidence from Marathe could go a long way to reassuring Leeds fans that this standstill could quickly end and progress can finally start at Elland Road.
The hierarchy’s meeting this morning also suggests that the announcement of the takeover could finally be imminent, meaning the club could finally move forward with new signings and announce Farke.
Fans will be hoping that football’s current worst-kept secret will finally be revealed so they can get on track to a good Championship campaign.
In other Leeds United news, club advance to sign 16-year-old Scottish wonderkid.