Phil Hay: Andrea Radrizzani not on his way out of Leeds after further 49ers investment
Leeds United today confirmed that the San Francisco 49ers have increased their stake to 44% at Elland Road.
Phil Hay has shared that Andrea Radrizzani remains committed to the cause, and is in no way on his way out of the club as his stake continues to lower.
The reliable journalist insisted that should the 49ers go past 50%, there will be discussions regarding the Italian’s long-term control of the club.
Writing in his latest piece for The Athletic, Hay shared the latest on the ownership of Radrizzani at Elland Road.
“No, or not at this stage,” he said. “He remains as chairman with a 56 per cent holding and there have been no new additions to the club’s board.
“If and when the 49ers go beyond a 50 per cent stake then Radrizzani’s position will be up for discussion and in the long-term control of Leeds does seem likely to pass to the 49ers at some stage.
“Today’s news shows that money from the States is needed and it also demonstrates that the 49ers are increasingly committed to their involvement with Leeds.”
All roads lead to…
While Radrizzani is still heavily involved and the club and is the majority stakeholder, it looks as though it won’t be long until that changes.
Paraag Marathe and the 49ers continue to improve their stake in the club, and their next investment will most likely take them above 50%, and make them the majority stakeholders.
The 49ers could, of course, welcome Radrizzani to stay involved as a minority stakeholder and keep his knowledge involved – that is the scenario we would all surely welcome.
The more money coming in the better, and the 49ers appear to be helping in that category over the past couple of years.
We expect more changes in the next year, and this is surely the start to the 4ers becoming majority investors.
In other Leeds United news, Paul Merson has dropped a huge transfer claim on one Whites star with an imminent exit on the cards