By Dan Plumley

16th Nov, 2022 | 8:10am

Finance Expert reacts as 49ers get money ready for Leeds United takeover

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 more funding from the 49ers Enterprises will likely be put aside as they made concrete moves towards their full Leeds United takeover.

The Times reported this week that US banking sources have revealed that moves have been made to secure the investment needed, said to be more than £400million.

The Finance Expert admitted it was a great price for the club, with that being the upfront investment before more cash is made available down the line.

“I think from what we can see at the minute, that’s the investment purchase price, this £400million,” he exclusively told MOT Leeds News.

“We know that it may be January 2024 with a view to take it over at the end of the season, Premier League status will dictate that. You can understand the 49ers waiting on that because if you get relegation from the Premier League, you can wipe about £100million off that valuation overnight.

“This will be the investment upfront, any further investment will always depend on how that’s positioned in terms of is it included in the takeover price or something that comes a little bit later.

“What we can see here is if £400million is the purchase price, we may see some further down the line and actually £400million is a very good price for the club itself.”

Andrea Radrizzani will no doubt be delighted with that figure as he looks to end his reign in charge at Elland Road with a bang before potentially fully exiting.

Paraag Marathe is close with the current majority shareholder, so it would be no surprise to see the Italian stick around even after the takeover has been completed.

All eyes are on Leeds.

In other Leeds United news, the Whites could look to reduce their payments on Jean-Kevin Augustin with yet another court case